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Self-custody readiness assessment
Evaluate your preparedness for managing your own digital assets
Readiness Checklist
Be honest with yourself. Self-custody is powerful but requires responsibility.
Knowledge
I understand the difference between public and private keys
I know how to generate and store a seed phrase
I understand that losing my seed phrase means losing my assets
I can explain what a hardware wallet is and why it matters
Security
I have a secure location for physical backups
I understand the risks of digital storage (screenshots, cloud)
I have a plan for inheritance/recovery in case of emergency
I use strong passwords and 2FA on all related accounts
Practice
I have successfully sent and received transactions
I have practiced wallet recovery from seed phrase
I have tested with small amounts before committing large sums
I am comfortable navigating wallet interfaces
Risk Management
I understand the tradeoffs between convenience and security
I have considered using a multisig or distributed setup
I keep only what I need in hot wallets vs cold storage
I regularly review and update my security practices
Readiness Score
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