In the event that you lose access to your droplet, a wallet backup as described below is critical to restoring your funds.
It's important that you take precautions to secure your funds by periodically backing up your wallets.
To backup your Ethereum seed, run the following command:
The resulting 24 words should be copied down in the order presented and stored in a secure physical location. They back up only your Ethereum seed.
Bitcoin, Bitcoin Cash, Zcash, Dash, Litecoin
⚠️ NOTE: These wallet files are unencrypted. Thus, you want to store them in a secure location, such as an encrypted flash drive. Do not leave them on your computer or upload to a cloud service, as anyone with the files can spend your coin.
⚠️ IMPORTANT: Back up the wallet files periodically, as they contain private key files to your bitcoin addresses and new private keys are being regularly generated by your admin to hold new coin deposits.