The 24-word recovery phrase for your Pi wallet is crucial information for protecting your assets. If lost or stolen, you could permanently lose access to your wallet. Here are some best practices for securely storing this important phrase.
Write it on paper and store it in a safe place
Writing your recovery phrase on paper and storing it in a safe place is the easiest and safest method. To avoid security risks in a digital environment, store the paper copy in a highly secure location.
Avoid digital storage
Storing the phrase as a photo or text file carries the risk of digital hacking. Therefore, avoid storing it in digital format.
Create multiple copies and store them in different locations
By creating multiple copies of the phrase and storing them in different locations such as your home or office, you prepare for the loss or damage of a copy.
Use a fireproof and waterproof safe
Storing the paper copy of the phrase in a fireproof and waterproof safe provides additional security. Consider storing it at home or in a bank.
Do not share with anyone
The 24-word recovery phrase is the key to accessing your wallet. It is most important not to share it with anyone and keep it secret.
If storing digitally, encrypt it
If you absolutely must store it in digital format, encrypt the data and store it on a device not connected to the internet (e.g., USB).
Use Microsoft Excel to password protect
Another method is to use Microsoft Excel to create a password-protected file containing your recovery phrase. You can set a password for the file and use it as an additional measure for secure storage.