Workflow
How To Store Crypto Safely | Covering Crypto | Fidelity Investments
Fidelity Investmentsยท2025-10-01 20:46

Crypto Security & Custody - Highlights the importance of understanding different crypto storage methods, including self-custody and third-party options [1] - Stresses the need for immediate security measures to protect online crypto accounts [1] - Fidelity Crypto provides accounts and custody/trading services via Fidelity Digital Asset Services, a limited purpose trust company chartered by the New York State Department of Financial Services [1] Risk & Volatility - Acknowledges the inherent risks and volatility associated with cryptocurrency investments [1] Storage Options - Explains the differences between self-custody accounts and custodial accounts [1] - Differentiates between hot wallets and cold wallets [1] - Mentions trusted third-party custodians as a storage option [1]