How to keep your crypto safe in 2023 | Analyst explains

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How to keep your crypto safe in 2023 | Analyst explains

Watch Cointelegraph Video: How to keep your crypto safe in 2023 | Analyst explains.
James Check, lead on-chain analyst at Glassnode, breaks down the best crypto custody solutions for 2023 and explains why taking responsibility for private keys is a necessary step for all crypto users.

0:00 Intro
1:07 What is self-custody and why is it important?
2:25 Is self-custody too complicated for the average crypto user?
4:03 Are seed phrases a bad solution?
7:25 Should custody adapt to different types of crypto use?
8:41 Is self-custody a safer solution than third-party custody?
10:42 What is the best way to approach self-custody?
12:56 Outro

4:28 - 5:03 Correction: In a collaborative custody model such as the one provided by Unchained, an attacker who stole someone’s login information would still not be able to access their funds.

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