Is it a good idea to store my private keys on keepass?
Quote from Ricky Kio on July 2, 2020, 4:24 amI'm considering storing my Bitcoin and other cryptocurrency wallet private keys on keepass password manager. Looking for your opinions on this approach. Do you think it is secure enough compared to other means of storage?
I'm considering storing my Bitcoin and other cryptocurrency wallet private keys on keepass password manager. Looking for your opinions on this approach. Do you think it is secure enough compared to other means of storage?
Quote from Moderator on July 2, 2020, 7:22 amIf your keepass file is safe and encrypted then there shouldn't be a problem.
Keepass is one of the best password managers out there. It is free, open source, files stored locally and offers good encryption.
However remember that this is not cold storage. If your forget your master password then you'll lose access to your private keys forever. Also since the file is sitting on your computer it is prone to hacks just like any other app on your PC.
If you are considering long term storage then this is not an ideal solution. Consider getting a hardware wallets like Ledger or Trezor.
If your keepass file is safe and encrypted then there shouldn't be a problem.
Keepass is one of the best password managers out there. It is free, open source, files stored locally and offers good encryption.
However remember that this is not cold storage. If your forget your master password then you'll lose access to your private keys forever. Also since the file is sitting on your computer it is prone to hacks just like any other app on your PC.
If you are considering long term storage then this is not an ideal solution. Consider getting a hardware wallets like Ledger or Trezor.