What is the best way to keep ADA

daedalus

#1

I have few ADA in my Daedalus Wallet, I read few post here people lost their ADA from deadalus wallet, what is the best way to keep ADA, paper wallet of daedalus wallet?


#2

Paper Wallets is your best choice for security, but simply storing the Ada within the Daedalus Wallet with the password enabled is safe. But if you have a few hundred bucks or so, storing it within Binance is okay. I am sure some folks will disagree with me on storing tokens on exchanges, but for small amounts, its fine.


#3

As I have few 1000 ADA in my Daedalus wallet is it ok to keep the machine down and synchronized it once a day? I installed Daedalus in a virtual machine.


#4

You can synch whenever you want, your ADA are not in the wallet, but on the blockchain.