What happens to your tokens after your death?

[cybersoft]

Just recently, a news showed how one crypto whale died with his cryptocurrencies worth millions of dollar. No member of the family had access to his private keys and other login details. Are you ready to face the same fate and leave your children or family without having access to your hard earned cryptocurrencies some day to come? Showing your wallet login details to them now can also be risky so what are some of the preparations you are making towards the retrieval of your money when you are gone for life one day?

What a waste of good fortune. hmm
It is always a good idea to share your Private keys information with your trusted family members such as your wife, uncles, parents, or even grandparents. To avoid making the same mistake.

[Aybanty]

My children will actually know about my private keys, no way I am keeping all that to myself

[tsakf]

You can leave your assets as an inheritance, I think it is the best way to save your funds

I agree with this completely. There are many stories, where women and children, or man and children or only children, get the parent's funds, and move away. That's why an inheritance contract is the safest choice.

[moonuranus]

It is really hard to think how will you tell them about your login details if ever you will die, I think the best way is to make a note composing of all your login details and say to your family members that open it if ever that you will die, but hopefully everyone of us should live longer than ever

[MrSpasybo]

You should send your private key to your children or save it in bank, which will send to them after your death.

Or you can lock your token to decrease supply to increase token price, it is just gift for token holders, who support that project with you in your life. I think it is not bad thing for crypto world

[tsakf]

You should send your private key to your children or save it in bank, which will send to them after your death.

Or you can lock your token to decrease supply to increase token price, it is just gift for token holders, who support that project with you in your life. I think it is not bad thing for crypto world

Yes, to lock coins, is a good idea, but the family should have unlocked coins, to profit from the higher prices. It's difficult to find the best solution.

[crypto101]

Actually i thought about this our local board. Currently I believe millions worth of coins are forever lost in wallets and exchanges as a result of the death of its owners. Tokens owners should prepare to make sure they pass access to their tokens to their loved ones so that in case anything happens, they will be able access it.

[tsakf]

Another option is multi-signature transactions. To make a transaction ALL members of the family, must agree. This will prevent somebody losing the private key.

[cheezcarls]

Before I die, I would come up with a box which says "Don't open the box till I die".

It will contain all of my private keys, mnemonic phrases in their respective wallet addresses as inheritance.

The only thing that I'm making sure is that the box won't come out in my bedroom.

Everybody has their own style, but this one? It's just me lol. 

[tsakf]

If you find the box, opened one day. The reply will be, "I thought you were dead".

[FOPL]

My portfolio is bleeding lol... On a more serious note, I haven't thought of that yet but it something we should consider. I use Atomic Wallet and I have activated the thumb print as a security mechanism. It will obvious for them to access my wallet when I'm gone.

[Malam90]

There is not too much crypto in my wallet. So i don't worry about after my dead. My family doesn't know how to do with any wallet even if he operate computer. No matter what will happen after my death.

[Jentot]

Just recently, a news showed how one crypto whale died with his cryptocurrencies worth millions of dollar. No member of the family had access to his private keys and other login details. Are you ready to face the same fate and leave your children or family without having access to your hard earned cryptocurrencies some day to come? Showing your wallet login details to them now can also be risky so what are some of the preparations you are making towards the retrieval of your money when you are gone for life one day?

We really need to think about that and we won't expect what would happen in the future. I just put my private key in my account and gave it to my love one and tell her to open it if something happens to me. She know btw that i earn on bitcoins.

[Michael.sol]

Firstly we focous on our goals instaed of our death , if we have a good amount of crypto collection , then we should discussed about it to our children or give private key and phrases words them.

[wawan96]

write a letter to the family as an asset of the future which is very valuable for my children in the future I think this is enough to solve the problem to be in use in the future I also did not know I die sometime, but preparations to provide asset bitcoin I have prepared for them.