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Glossary

Cold storage

Keeping crypto on a device that is not connected to the internet. It is the safest way to hold a large amount long term. It is also slower to use and easy to lose. Most people do not need it for everyday amounts.

Related terms

  • Non-custodial wallet
  • Seed phrase
  • Custodial wallet

All glossary terms

Read more

  • Daya blog cover. The Nigerian guide to stablecoins.
    Crypto & stablecoins

    Stablecoins in Nigeria: How to Buy and Sell USDT and USDC

    How to buy and sell USDT and USDC in Nigeria, which network to send on, what tax you owe, and which platforms are actually supervised.

    Lade Falobi·10 September 2026·14 min read

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