🔺How to Set Up a Free Cold Wallet Using an Old Phone🔺
‼️ Why You Need a Cold Wallet
- Crypto Risks: Hackers stole billions from crypto users last year.
- Cold Wallet = Offline Safety: Stores assets offline (no internet), avoiding hacks.
🔒What’s a Cold Wallet?
- Offline Storage: Keeps private keys away from online threats.
📖 Step-by-Step Guide (Free with TokenPocket)
1. Use an Old Phone
- Check: Update its OS and ensure no security flaws.
- Goal: Make it a secure, standalone device.
2. Download Safely
- Only Official Site: Get TokenPocket from Official Website
- Avoid Scams: Verify the developer is TP Global LTD.
3. Go Offline & Create Wallet
- Turn Off Wi-Fi: Open TokenPocket and create a new wallet.
4. Back Up Your Mnemonics
- Critical: The Only way to recover your wallet.
- Do: Handwrite it on paper. Store it in a safe place (no photos/digital notes/screenshots).
5. Verify Your Mnemonics
- Re-Enter Words: TokenPocket will ask you to confirm some words.
- Why: Ensure you copied them correctly.
6. Keep It Offline
- Never Connect: Leave the phone disconnected from the internet and other devices.
7. Send Assets to Your Cold Wallet
- On Your Daily Phone: Use TokenPocket to send crypto to your cold wallet’s address.
8. Optional: Add a Watch Wallet
- View Only: See your cold wallet balance on your daily phone.
⏰ Key Tips for Safety
- No Internet: Keep the cold wallet phone offline forever.
- Store Mnemonics Safely: Keep multiple physical copies in different locations.
- Test Occasionally: Send a small amount to check it works.
💡Final Words
Cold wallets are the safest way to store crypto, especially for long-term holdings. With an old phone and TokenPocket, you can secure your assets for free.
🔐 Stay safe: Always use official apps and keep your seed phrase private.