How to Backup and Restore Your Crypto Wallet Safely

Before getting into the how-to, it is vital to understand why you need to back up your crypto wallet A crypto wallet is like a vault for your digital assets It holds your private keys and allows you to manage your coins If you lose access to your wallet or your private keys, you lose access to your cryptocurrency. There is no customer service line or recovery system like traditional banks, so if your wallet is lost or compromised, there's no way to retrieve your funds without a backup

You use backups to avoid losing your crypto either due to a device malfunction, forgotten passwords, or anything that just pops up