Traveling with Bitcoin: 7 Essential Security Tips

Properly securing your bitcoin keys while traveling is crucial for maintaining control and minimizing risk. Here are seven tips to help you travel with your bitcoin securely. First, only carry the wallets you need, segregating your funds into multiple wallets and leaving the majority of your savings in secure cold storage. Consider the crime risk at your destination and adjust your security model accordingly. Avoid traveling with seed phrase backups, as they are easier to compromise than hardware wallets. However, if you must travel with a seed phrase, take precautions such as remaining inconspicuous in airport security and using a passphrase for singlesig wallets. Be mindful of what you say and show, as discussing bitcoin and displaying related merchandise can make you a target. Create a decoy wallet that can be activated in duress scenarios, adding funds you're willing to lose to make the attacker believe they've obtained your main wallet. Consider using multisig to eliminate single points of failure and distribute your keys while traveling. Lastly, have an inheritance plan in place to ensure your bitcoin is passed on smoothly if something were to happen to you. Remember, there is more to bitcoin security than just traveling procedures, so be sure to educate yourself on best practices for seed phrase storage and multisig security.

Sources :

- Bitcoinmagazine