If You Couldn’t Log In Tomorrow, Could Your Family Access Your Crypto?

Many people learn how to buy crypto but never plan for what happens if they can no longer access their accounts. Without the right information, their family may not even know the crypto exists. Exchange accounts require login details and two-factor authentication. A personal wallet may depend on a recovery phrase that cannot be reset. Keep an inventory of your accounts, tell someone you trust where it is, and store access details securely offline. Consider documenting your crypto in your will with help from a lawyer, and review your plan each year. Avoid keeping a recovery phrase only in a phone note. If the phone is lost, access to the wallet could be lost too. Have you told anyone in your family about your crypto?

Use The App To Win ₦1m

Stories are shared by community members. This article does not represent the official view of NaijaWorld — the author is solely responsible for its content.