1. Research hot & cold wallet options: Hot wallets store cryptocurrency online and provide easy access, but are more prone to hacks. Cold wallets store your cryptocurrency offline and do not have direct access to the internet, making them more secure.
2. Choose a reputable wallet provider: Make sure you do your research and choose a reliable company to store your digital assets.
3. Backup your wallet: Many wallet providers offer the option to back up your wallet with a recovery phrase or seed word. It is important to write down this information and store it in a safe place.
4. Set up two-factor authentication: When setting up your wallet, make sure to set up two-factor authentication (2FA). This will add an extra layer of security to your account.
5. Use secure passwords: Make sure to create strong and unique passwords for your wallet and use different passwords for different accounts.
6. Don’t share your info with anyone: Never share your private key or recovery phrase with anyone. Privately storing your cryptocurrency is the best way to keep it safe.