file is easy, on Linux and Mac it always lives in the same directory: Linux: /.bitcoin mac: appdatabitcoin. A USB stick is a good solution (though those are prone to getting lost) or a cloud storage service, although it would be wise to find an alternative to Dropbox and its remarkably lax attitude to security. Write down the generated mnemonic phrase or copy-paste it to a safe location (like one of our best zero-knowledge cloud services ).
Using a Software Wallet. With a backup, you are able to recover your Bitcoin at any time by importing the private keys associated with that wallet from the backup.
The private keys never leave the device but you do get a recovery seed. The kind of backup your wallet generates really depends on the type of wallet youre using:. Make sure to never enter your backup phrase on any other website or share it with anyone. One email a day for 7 days, short and educational, guaranteed. Dat file from you computer. Ledger Nano S Bitcoin Wallet, why You Should Own Your Private Keys. Bookmark this link in case you ever need to restore access to your wallet with your backup phrase. Wallet backup file, a wallet backup file could be in the form.dat.json file, for example. What tips do you have for securing a Bitcoin wallet?