Backing up your wallet can save you a lot of turmoil and strife. Accidents happen – whether it’s a broken phone, lost computer, or a potential scare. Backing up your cryptocurrency wallets private keys can make a potential crypto-catastrophe or major issue into a minor problem that can be more easily fixed, and without the loss of your cryptocurrency.
Jeremy, from our ICO or NO series, ran into this issue earlier this week. But his Jaxx Wallet was backed up. This saved his wallet’s funds and gave him some peace of mind.