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How to Backup your Private Keys

Best Practice about private key backups

Dario Cesaro avatar
Written by Dario Cesaro
Updated over a week ago

One of the most critical things in crypto is backing up your keys.

Suppose you lose your device or it stops working (technical failure or a local disaster like floods, tsunamis, fires, earthquakes, hurricanes, solar storms, landslides, etc.). You want to have a backup to reaccess your EOS account. If you have a hardware wallet like a Ledger, this also applies. Make sure you have a replacement hardware wallet and a backup to restore your private keys to the replacement hardware wallet.

Create a backup of your keys.

If you followed the best practice to configure your EOS Account, you want to back up your owner's private and active key.

1) Download an up-to-date file encryption tool.

2) Make sure you are offline.

3) Encrypt your private key with a password (Don't share this password).

4) Save the encrypted file on a USB drive and flash drive (Don't use this USB on a computer connected to the internet).

5) Save the encrypted file on a USB and give it to one or more family member(s) or (a) friend(s) as a backup.

6) Allow two trusted family members to access your EOS account with an MSIG on your active permission in case you lose your backup files. Click here to learn how to create an MSIG account.

Restore access to your EOS Account

If you have lost access to your EOS account, you can quickly restore access to your EOS account. If you wanna restore access to your EOS account by MSIG proposal, please click the smile icon on our website, we will help you step-by-step.

2) Make sure you are offline.

3) Connect your USB stick to your computer.

4) Decrypt your file.

5) Import your active private key into your EOS Wallet.

Author: Dario Cesaro

Editor: Randall Roland, Josh Chung

Translator: -

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