Wallet selection is critical in storing crypto assets. Strict protection with cold wallet.
Wallet Types
- Hot wallet: internet connected (mobile, web)
- Cold wallet: offline (Ledger, Trezor)
- Paper wallet: private key on paper
Security
- Cold wallet is the most secure
- Hot wallet is practical but hacked risk
- Multisig (multiple signature)
- 2FA
Legal Evidence
- Proof of wallet address ownership
- Blockchain analysis
- Exchange KYC records
- Transaction history
Practical Advice
- Large assets in cold wallet
- Small amounts for daily use hot wallet
- Recovery phrase keep safe
- Buy Hardware wallet from the original company
Crypto law lawyer recommended.