Most crypto holders store the majority of their Bitcoin in hardware wallets and keep a backup of the private keys on a sheet of paper, according to recent survey posted to Reddit.
When participants were asked where they stored the majority of their BTC, nearly half — 158 people — said they used a hardware wallet such as those offered by Ledger, TREZOR, and BitLox.
At the same time, 17% of respondents said that they store the majority of BTC in wallet applications on mobile devices, and 15% in desktop wallets.
Responding to a question on how they store their private keys, 88% of respondents said they have backup copies of keys, and 72% said they kept a paper backup. 20% of respondents store a copy of the backup keys on an external drive.