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Anything can happen! Can your crypto help your family?

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by COINS NEWS 114 Views

Couple years ago I had a friend who had 3/4 of a btc, and a few eth. Probably 60-70k cad worth of crypto. He suddenly died on a camping trip we were on.

To this day his parents or family have no access to that crypto. To be fair, we’re young and don’t think about that sort of thing.

The point is that if you have any significant amount of crypto, unless you want to become a burn wallet, it’s important to have a plan for your family to access your crypto in case of emergency.

Put instructions in a safety deposit box, tell your parents, set up instructions in a will. Have the conversation with your loved ones.

Tl;dr let your family know what to do if something happens to you

submitted by /u/kautzmanskate
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