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How Does a Crypto Hardware Wallet Work?The answer to the question �what is the safest way to store crypto� is a self-custody cold storage wallet. As covered earlier, options include. For any purchase you make on a cryptocurrency platform, the crypto will be stored on a custodial exchange wallet and the exchange holds the private keys - this. Casa offers self-custody solutions so you can take control of your cryptocurrency, hold your private keys, and safely withdraw your crypto from exchanges.