By Accepting Possession Of The Computer Laptop, Peripheral, And Or: Fill & Download for Free

1.1 This Member Agreement is an electronic record in the form of an electronic contract formed under the Information Technology Act, 2000 and the rules made thereunder as amended from time to time. This Member Agreement is an eletrronic contract and does not require any physical, electronic or digital signature.1.2 This Member Agreement located at the website Home - Rent a Scooter in Bangalore & Hyderabad|VOGO SCOOTER RENTALS and mobile application titled ‘VOGO’ (“ Platform ”) is a legally binding agreement between Vogo Automotive Private Limited, having our registered office at No. 9/21, Chakarapani Road Extension, Maduvinkarai, Guindy, Chennai – 600032 and our corporate offices at No. 703, 2nd Floor, Kavi Crest, Bhive Workspace, 22nd Cross, 22nd Main, Sector 2, HSR Layout, Bangalore, 560102 (“Vogo” / the “Company” or “we” or “us” or “our”) and the guest users or registered users of the Platform (shall hereinafter be referred to as “Member” or “you” or “your” or “yourself” or the “User”).1.3 The Member Agreement provides the terms and conditions on which Vogo offers you the access to the Platform for use, purchase of any product or services therein and such other services as are incidental and ancillary thereto (“ Services ”).1.4 The Member Agreement, Privacy Policy, Fee Policy and any other applicable polices (the “ Policies ”), as updated from time to time, govern your access and use of our Platform and Services. This Member Agreement and the Policies are legally binding documents between the Member/ user and Vogo. This Member Agreement will be effective upon your acceptance of the same (directly or indirectly in electronic form or by means of an electronic record) and will govern the relationship and transactions between the Members and Vogo for the access or use of the Services offered through the Platform.1.5 Please read the terms and conditions of the Member Agreement fully before using or registering on the Platform or accessing any material, information or availing Services through the Platform. By downloading, installing, or otherwise accessing or using our Platform or Services (whether in whole or in part), you agree that you have read, understood, and agree to be bound by the Member Agreement. By agreeing to the Member Agreement, you represent that you are at least the age of majority in your state or province of residence, or that you are the age of majority in your state or province of residence and you have given us your consent to allow any of your minor dependents to use our Services.1.6 Upon your consenting to the Member Agreement and the Policies of the Company (which are incorporated by reference into this Member Agreement), the Company hereby grants you a limited, personal, revocable, non-assignable and non-exclusive license to use our Services. This license is for the sole purpose of enabling you to use the Services in the manner expressly permitted by this Member Agreement and the Policies.1.7 If you do not agree with the Member Agreement or any other Policies, please do not use the Platform or avail any Services being offered therein. Vogo reserves the right to change the terms and conditions of this Member Agreement or other Policies from time to time and shall give notice of such changes to the Members in a timely manner. Notice to the Members shall be considered given when such notice is indicated and accessible from the first page accessed after the Member accesses the Platform or by email to the Member’s email address provided to Vogo in the Member’s account creation or most recently provided to Vogo, or by SMS to the Member’s mobile number or mobile notification on the mobile application provided during the account creation. Member agrees that the amended terms and conditions of this Member Agreement shall be effective and binding on the earlier of (1) the effective date indicated in such notice; or (2) on the date posted on the Platform.1.8 It will be presumed that Member has received any such notice if and when the Member makes a reservation for a Vogo vehicle after notice of a change to this Member Agreement has been placed on the Platform and/or distributed to the Member by email or SMS or mobile notification on the mobile application. By making a reservation after receiving notice of any changes to the Member Agreement, the Member assents to and will be bound by such changes to the Member Agreement. Member may decline such changes by discontinuing trips under the Member Agreement.1.9 In the event of any conflict between this Member Agreement and any other document with respect to the Company’s other programmes, the Member Agreement shall override any such document except otherwise set forth from the Company in writing.1.10 As a company we have zero tolerance towards any kind of discrimination and strictly condemn any such actions. We do not discriminate on the basis of age, caste, creed, race or gender.Access to the Services2.1 It is your responsibility to ensure your equipment (computer, laptop, netbook, tablet or other mobile device) meets all the necessary technical specifications and is compatible with our Services to enable your access and use of the Services.2.2 You must ensure that the details provided by you are accurate and treat such information as confidential. Based on the information provided by you to us, you may be provided with a login identification (such as a username and password or any other identifier). You are solely responsible for all activities that occur under your login identification and must notify us immediately of any unauthorized use or other security breach relating to your login identification.2.3 We reserve the right to block, disable or delete any login identification, at any time, if in our opinion, you have failed to comply with any of the provisions of the Member Agreement or any other Policies, or if any details you provide for the purposes of registering as a user of the Services prove to be false or a misrepresentation.2.4 You consent to any collection, use or disclosure of personal information or personally identifiable data required to provide you with access to the Services or to deliver the Services to you, as per the Privacy Policy.2.5 You agree that we may collect and use technical data and related information, including but not limited to technical information about your device, system and application software, and peripherals, that is gathered periodically, to facilitate the provision of software updates, product support, and other services to you (if any). We may use this information as per the Privacy Policy, including without limitation to improve our products or services or technologies.2.6 The operation of our Services includes periodic delivery to you of offers, coupons or other information that may be of interest to you based on your stated preferences or your location.Persons Permitted to Drive Vehicles3.1 Only active Members in good standing, as decided solely by Vogo, shall be allowed to drive Vogo vehicles. Non-members are expressly prohibited from riding a Vogo vehicle at any time.3.2 Notwithstanding, anything contrary contained in this Member Agreement, the Member booking the ride must ensure that any other person having a valid and effective driving license drives Vogo vehicle only with the prior written consent of Vogo, failing which the Member originally booking the vehicle shall be solely liable to indemnify Vogo without any limitation for any loss suffered by Vogo arising from, incidental to or related with such unauthorized usage of the vehicle.3.3 Satisfying the eligibility criteria required to become a Vogo Member does not automatically render an applicant the right to become a Vogo Member. Acceptance of the applicant’s membership is subject to approval by Vogo at its sole discretion.3.4 Should any Member’s driving license expire or be revoked, authorization to drive Vogo vehicles shall expire immediately, Vogo shall be notified immediately or not later than 3 (three) working days of such expiry or revocation by the Member by email forthwith upon such expiry or revocation.3.5 By applying for membership, each applicant authorizes Vogo and Vogo reserves the right at its sole discretion to obtain his/her driving records from the jurisdiction in which the applicant is licensed. Because riding a Vogo vehicle requires maintaining a good driving record, Vogo may periodically check Member’s driving records and reserves the right, at its sole discretion, to suspend or terminate the Membership of any Member, who does not meet Vogo’s driving eligibility requirements. Member agrees to promptly report to Vogo any suspension or revocation of his/her driving license, or any tickets/citations/conviction related to any traffic violation including but not limited to riding without a helmet, riding under the influence of drugs or alcohol, riding while intoxicated, reckless driving, exceeding the speed limit, jumping the traffic signal or sending an SMS/talking on phone while riding. Vogo can suspend or terminate the membership of a Member or stop the provision of the Services if Vogo becomes aware of any pending criminal charges or allegations of commission of offences by a Member.Vogo at its own discretion, may issue a warning to first time offenders and may terminate the Member Agreement with the customer in the case of repeated offenders3.6 Member is responsible for providing and maintaining current email, cell phone, residential address (current/temporary and permanent), and other account information with Vogo. Member further warrants that information provided to Vogo shall be absolutely correct and is bound to inform to Vogo promptly, if any change occurs in the information provided earlier including but not limited to cell phone number, residential address, etc.3.7 Member is responsible for keeping any Vogo related password and/or PIN numbers in strict confidence and to not make passwords or PINs available to third-parties, should a PIN or password be reduced to written or electronic form, the Member will be responsible for any associated costs and/or damages in connection with unauthorized use of the Member’s account by third-parties. If a Member has reason to believe a third-party may have obtained unauthorized knowledge of a password and/or PIN, Member agrees to change the compromised password and/or PIN instantly and simultaneously notify the Company of such unauthorized use.Prohibited Uses4.1 Vogo is strictly meant for personal use by Members. The use of a Vogo vehicle under the following conditions is prohibited:for any speed race, rallies or competition;for the purpose of towing, pushing, or propelling any trailer or any other vehicle, whether or not such vehicle belongs to Vogo;for the primary business purpose of transporting people or operating a taxi or any other delivery services;by any person who is under the influence of (i) alcohol or (ii) any drug or medication under the effects of which the operation of a vehicle is prohibited or not recommended. A zero-tolerance policy is adopted and a limit of 0.0% ABV applies;in the carrying out of any crime or any other illegal activity;to undertake any political rallies, protests and such other activities in furtherance of a political agenda or campaigns, rallies or protests of any nature;indulging in any imprudent, negligent, or abusive manner or for any abnormal use of the vehicle;by any person who has provided Vogo with false information or whose representations are determined to be false (including, without limitation, regarding his name, age, or address);for riding a Vogo vehicle outside of India or any prohibited areas within India;for riding while using a mobile phone or any other mobile communication device in any manner whatsoever, including while sending an SMS, emailing, using a cell phone with or without a hands-free device, otherwise using a mobile communication device that may distract you from riding or otherwise engaging in similar activities that may be prohibited by applicable laws;for using Vogo vehicle to transport flammable, poisonous, or otherwise hazardous substances for other than legally permissible household use or in amounts greater than what is usually consumed in a household;for transporting objects with Vogo vehicle that could – due to their size, shape, or weight adversely impact the vehicle’s handling safety or that could damage the interior of Vogo vehicle or, by virtue of such object(s) protruding outside, affect the safety of vehicles driving in the vicinity of Vogo vehicle; andfor transporting more passengers than the prescribed seating capacity of the vehicle by manufacturer of the vehicle.4.2 Theforegoingexamplesarenotintendedtobeanexhaustivelist.Anyunreasonable, unwarranted, illegal, unethical or inappropriate use of a Vogo vehicle except the personal use for travel, as determined by Vogo in its sole discretion, may be deemed a violation of these terms and conditions. Vogo may report to the authorities any use of a Vogo vehicle or other activities that are in violation of local, state or national law or in violation of these terms and conditions.4.3 Vehicles cannot be used for commercial purposes. Further, Vogo vehicles cannot be used or ridden outside the city/ jurisdiction limits for which use of the vehicle has been chosen by the member. For instance, any Vogo vehicle booked by a member in Bangalore cannot be used or ridden outside Bangalore city limits, or any Vogo vehicle booked by a member in Hyderabad cannot be used or ridden outside Hyderabad city limits. In this regard, the Member shall exercise due knowledge, caution and restraint in ensuring that the vehicles are used strictly within the city/ jurisdiction limits selected by the Member.4.4 Vogo may immediately suspend or terminate the use of its Services by any Member for violation of any of the terms and conditions of the Member Agreement or any of the Policies. Upon suspension or termination, any existing reservations of the Member may be cancelled by Vogo at its sole discretion. In addition, the Member will be absolutely responsible for any and all, losses, damages (direct/ indirect), costs, charges, fees and expenses incurred by Vogo, as a result of such breach of any of the terms and conditions of the Member Agreement and the Member shall be required to fully indemnify Vogo. Further, the Member unconditionally and irrevocably agrees that Vogo reserves the right to pursue remedial action to recover the losses/ damage suffered by Vogo from the Member/ Member’s properties, including but not limited to his/her legal heirs/representative’s properties. Vogo acknowledges and agrees that the remedial action pursued shall not constitute any amount of force or coercion.4.5 Please be informed that Vogo may track usage of the vehicle by the customer via GPS devices installed on the vehicles, and further that the vehicles may be equipped with immobilizer systems for safety and security purposes. If any Vogo vehicle is being subject to unauthorized access or is being subject to any of the restricted or prohibited conditions mentioned here, then Vogo reserves the right to remotely activate the immobilizer system on the vehicle, and immobilze the vehicle that in the reasonable view of Vogo is being subject to unauthorized access or any of the restricted or prohibited conditions mentioned here. The view and decision of Vogo shall be final, and Vogo reserves the right to undertake such measures based on its reasonable view and judgment in such matters, without prejudice to other rights of Vogo against the Member (including those enumerated in Clause 4.4 above). The costs and expenses involved in the losses/ damage suffered by Vogo on account of immobilizing the vehicle as well as towing/ restoring the vehicle as well as any related costs and expenses shall be solely to the account of the Member, and the Member shall be required to fully indemnify Vogo on this account.4.6 Vogo expressly asserts that its Services are not solicited nor intend to be solicited to people under the age of 16.Reserving Vogo Vehicles5.1 Reservation is required for all potential booking. Member must always reserve a vehicle in advance of use and will be billed for usage fees at the time of reservation as provided in the Platform. Member is required to fulfil the below mentioned conditions at the time of taking the possession of the Vehicle for scheduled ride/trip:Member must carry his/her original driving licence, which is being shared with Vogo at the time of opening of account/booking of the ride with Vogo. Member must show the same to the representative of Vogo available at location, where the possession of the Vehicle is supposed to be taken by the Member;Member must carry and support Vogo in capturing the image of any one out of followingdocuments in original, as an additional document to be placed on records of Vogo to justify his/her identity:EPIC (Electoral Photo Identity Card), commonly known as Voter ID; orValid Passport; orAadhaar card from Unique Identification Authority of India; orGovernment Department (Including Public Sector Undertakings) Identity card; orIdentity Card of Tier 1/2 universities, colleges, educational institutions, which contains both photo and address.Member must cooperate with the representative of Vogo in taking a photo of the vehicle along with Member, which is meant for safety of the Member and for record purposes of Vogo; andMember shall be held solely responsible, if any of the above conditions are not being completed successfully at the time when possession of the vehicle was supposed to be taken by the Member and Vogo reserves the right not to handover the possession of the vehicle. Consequently, the booking will stand completed without any further onus of Vogo to refund or return the booking amount.5.2 If you wish to cancel a reservation or shorten the period for which a vehicle has been reserved, you must do so in advance, in pursuance of the Fee Policy.5.3 If you wish to extend a reservation, you may do so only if following conditions are fulfilled:the online payment for the extension has been made and successfully received by Vogo;the vehicle is available for use for the extension period (for example, it is not reserved by another Member); andthe request to extend is completed prior to the scheduled expiration time of your existing reservation.In case, any of the above conditions are missing after the expiry of the booking (initial or immediate prior) then you will be deemed to possess the vehicle without authorisation and must hand over the vehicle to Vogo’s parking or its representative without fail/ delay. A delay beyond one hour from the expected handover time of vehicle or after the expiry of booking as the case may be, will render you guilty of breach of trust and your involvement in theft of such vehicle shall be presumed without any doubt.5.4 In the event your reservation is not extended successfully (even if you have put in a request for extending the reservation but which has not been confirmed or has been denied by Vogo for any reason) and you do not return the vehicle to the correct and designated Vogo space by the end time of your reservation, Vogo reserves the right to initiate the civil and/ or criminal proceedings against you and simultaneously will make all reasonable efforts to take possession of the vehicle from you immediately or any time thereafter, and at any location.5.5 For avoidance of any doubt:You will be charged late fee, inconvenience fee and any other charges applicable as per our Fee Policy from the scheduled end time of your booking till the time the vehicle is actually recovered by Vogo;You will be charged any additional costs viz; legal attorney fees, consultants fees, travel costs, etc. incurred by Vogo in taking possession of the vehicle from you; andYou will not be provided any compensation or alternate means of transportation in such case and will not have the right to ride in Vogo vehicle any more. You shall hold Vogo, its officers, employees, agents and affiliates harmless against any claim in connection with the vehicle and/or its re-possession and shall irrevocably and unconditionally indemnify Vogo against any cost, loss or liability suffered by Vogo arising out of or in connection with any claim made by a third party against Vogo in relation to the vehicle and/or its re-possession.Vehicle Pick-Up and Return/Vehicle Condition/Stolen Vehicles6.1 You must pick up the selected vehicle at its designated Vogo parking space and return it secured, clean, and in good working order, to the correct and designated Vogo space by no later than the end time of your reservation.6.2 Prior to taking possession of a vehicle, you must do an exterior walk-around and an interior look-over. Before riding the vehicle, you must advise Vogo of any damage or abnormality encountered on the vehicle or in the operation of the vehicle. If Vogo is not notified of a problem at the start of a reservation, you will be deemed to be responsible for any problem with the vehicle discovered or reported after your reservation, including, without limitation, damage to the vehicle or lack of cleanliness. You may be charged a damage fee, a cleaning fee, or other applicable fees, and Vogo may suspend,or may even terminate your membership in lieu of such damages.6.3 You must leave all the original documents including but not limited to registration certificate, insurance policy, tax payment challans, self-drive licenses, pollution clearance certificates, vehicle’s key, key fob, or other starting device to the vehicle in its designated position in the vehicle at the conclusion of your reservation. You must advise Vogo immediately if you fail to leave the original documents mentioned hereinabove, key/ fob/ starting device, parking pass, or toll payment pass (if applicable in the vehicle.) and this causes inconvenience to Vogo or another Member, you will be charged the hourly rate for the vehicle until the, original documents, key/key fob/starting device/parking pass/toll payment pass is returned safely to Vogo and you will remain responsible for the payment of charges against the usage of the vehicle during such period. You may also be charged a fee at Vogo’s sole discretion to replace any of the items missing from the vehicle.6.4 The end of the trip is being confirmed by either: (a) specific completion of closing checklist at the end of trip; or (b) an SMS message to Vogo provided number to notify of such intent; or (c) by unwarranted breakdown/accident of the vehicle.6.5 Reserving Member is responsible for all charges and costs incurred related to Vogo vehicle for the entire period of the reservation and until the vehicle is returned, secured, closed, locked and serviceable (all accessories off, key out of ignition and in proper place, toll payment pass and parking pass and other accessories in the vehicle) to its designated location. Vogo vehicles must be returned no later than the end time of the reservation and the Member scheduled trip/ride comes to an end automatically and will be governed as per the provisions of Clause 6.3 above if extension is sought.6.6 Member is required to report to Vogo immediately any condition that impairs the driving functionality of the vehicle, such as poor driving feel or external or internal damage that renders the vehicle unsafe, including but not limited to, missing or inoperable signal or driving lighting, broken or missing rear-view mirrors.6.7 Notwithstanding anything contrary contained under this Member Agreement, any damage caused to vehicle/Vogo because of your wilful misconduct or gross negligence, during such time when the vehicle is not in motion, will attract charges/ fees as per the sole discretion of Vogo, in addition to the right of Vogo to claim full indemnity of all damages, claims, costs and expenses from the Member.6.8 Stolen vehicles or any accidental incidents must be immediately reported to Vogo and the nearest police station with a detailed written complaint based on actual facts. Member shall ensure that such complaint shall not contain any discrepancy, inconsistencies or distortions from actual facts as the same would be detrimental to a valid insurance or other claim by Vogo. The Member will be solely liable without any demur, for any loss due to a discrepant, inconsistent or distorted complaint or information by the Member. Further, the Member expressly agrees and accepts that Vogo shall not in any manner be held liable for any such stolen vehicles or accidental incidents.6.9 In the event that Vogo is unable to claim insurance for any reason, then the Member shall indemnify Vogo to the fullest extent in lieu of the loss or/and damage resulting directly or indirectly from such theft or accident.6.10 You acknowledge and agree that riding a Vogo vehicle involves an inherent risk of personal injury and you undertake and assume this risk in entirety for yourself, any person riding with you as a pillion (whether or not such pillion is a Member) and any participant Member who may be riding the Vogo vehicle reserved by you in accordance with Section 3 of this Member Agreement.6.11 You hereby agree hereby to release and discharge Vogo in perpetuity from and of any and all claims, demands, rights and causes of action of whatever kind or nature, arising from and by reason of any and all known and unknown, foreseen and unforeseen bodily and personal injuries (including without limitation to fatal injuries) and the consequences thereof, whether or not caused or contributed to in whole or in part by a defect in the vehicle or in any way connected with the vehicle.6.12 Vogo expressly asserts that the liability of Vogo towards third-party claims arising out of, related with or incidental to this Agreement, shall be limited and subject to Section 13 of this Agreement.6.13 Members expressly agrees and accepts that Vogo, shall not be held liable for any direct and indirect losses or/and damages which may arise from, be related with or incidental to the following without limitation:breach of the terms and conditions of the Member Agreement by the Member;breach of any applicable laws by the Member;the Member undertaking any activity specifically prohibited under Section 4 of the Member Agreement;theft of the vehicle;accidents caused by the Member; andunauthorized use of the vehicle by the Member or use for any prohibited or restricted activities by the Member.Safety7.1 Seat Belts and Child Restraints: Member is responsible for:Complying with all applicable speed limit and child restraint laws. It is being made crystal clear that Members must abide with the maximum speed/ weight limit and any other instructions being displayed/ communicated by the authorities through marks or sign boards in various locations of the trip;Protecting all children by properly using any child passenger restraint system that complies with all safety standards applicable in the jurisdiction where the trip is initiated and where Vogo vehicle is driven during such trip.In case of the vehicle being a scooter or motorbike, we provide 2 (two) half helmets for your convenience but we strongly recommend that you carry your own full helmets.7.2 Vogo tracks usage of the vehicle by the customer via Global Positioning System devices and also equips the vehicles with immobilizer systems which can be activated remotely. You agree and accept that such tracking and systems are only a necessary and reasonable measure undertaken by Vogo in pursuance of the safety of its Members and its vehicles, and does not constitute an infringement on any of your rights including without limitation your right to privacy, data protection, movement, etc.Securing Vogo Vehicles8.1 Each time Member parks a Vogo vehicle (either at the end of the reservation or during the reservation period), the Member is responsible for securing the vehicle from external factors including human or general known adverse weather conditions.8.2 Vogo prescribes all its Members to take full responsibility of their belongings. In case any Member claims to have left back any luggage or any phones or personal music devices inadvertently in a Vogo vehicle after the Member completes his/her reservation, then Vogo shall endeavour to locate the lost belongings on a “best-effort” basis provided the Member notifies Vogo of the same within 90 (ninety) minutes of the successful return of such vehicle post completion/termination of the reservation, but Vogo shall not be held responsible for any loss or damage incurred by the Member in any such circumstances.Fees And Eligible (Reimbursable) Expenses9.1 The Services are subject to Vogo’s Fees Policy available on the Platform. It entails the scenarios which covers all the fees including but not limited to rentals, excess kilometre riding charges, late fees, late charges, extensions fees, penalties or fines, if any etc.9.2 An “Eligible Expense” is defined as;an expense incurred by the Member for minor (under INR 1000 i.e. Indian Rupees One Thousand Only) routine maintenance on Vogo vehicles, such as tyre puncture in case of a bike, etc. orany expense in excess of INR 1000 (Indian Rupees One Thousand Only) that is authorized in advance of reservation by a Vogo representative, via email.9.3 If a Member pays for an eligible expense, he or she must keep the invoice which is subject to fuel test more particularly mentioned in the Fee Policy, which conspicuously captures the date and time showing that it was incurred during the reservation period.9.4 The Member must print his or her name on the receipt and give a physical original hard copy of the receipt to a Vogo vehicle attendant after his/her reservation.9.5 Vogo will reimburse the Member or credit the Member’s account, post the verification of claim and corresponding invoices. No reimbursement or credit will be given without an invoice, or if the invoice is submitted later than 3 (three) days from the reservation date.

Types of wallets are worthy of consideration in determining the type of hardware you may consider best to use.Hardware walletsHardware wallets are special purpose security-hardened devices for storing Bitcoins on a peripheral that is trusted to generate wallet keys and sign transactions.A hardware wallet holds the seed in its internal storage and is typically designed to be resistant to both physical and digital attacks. The device signs the transactions internally and only transmits the signed transactions to the computer, never communicating any secret data to the devices it connects to. The separation of the private keys from the vulnerable environment allows the user to spend bitcoins without running any risk even when using an untrustworthy computer. Hardware wallets are relatively user-friendly and are one of the best ways to store bitcoins.Some downsides are that hardware wallets are recognizable physical objects which could be discovered and which give away that you probably own bitcoins. This is worth considering when for example crossing borders. They also cost more than software wallets. Still, physical access to a hardware wallet does not mean that the keys are easily compromised, even though it does make it easier to compromise the hardware wallet. The groups that have created the most popular hardware wallets have gone to great lengths to harden the devices to physical threats and, though not impossible, only technically skilled people with specialized equipment have been able to get access to the private keys without the owner's consent. However, physically-powerful people such as armed border guards upon seeing the hardware wallet could force you to type in the PIN number to unlock the device and steal the bitcoins.Multisignature walletsA multisignature wallet is one where multiple private keys are required to move the bitcoins instead of a single key. Such a wallet can be used for requiring agreement among multiple people to spend, can eliminate a single point of failure, and can be used as form of backup, among other applications.These private keys can be spread across multiple machines in various locations with the rationale that malware and hackers are unlikely to infect all of them. The multisig wallet can be of the m-of-n type where any m private keys out of a possible n are required to move the money. For example a 2-of-3 multisig wallet might have your private keys spread across a desktop, laptop, and smartphone, any two of which are required to move the money, but the compromise or total loss of any one key does not result in loss of money, even if that key has no backups.Multisignature wallets have the advantage of being cheaper than hardware wallets since they are implemented in software and can be downloaded for free, and can be nearly as convenient since all keys are online and the wallet user interfaces are typically easy to use.Hardware and multisignature wallets can be combined by having a multisignature wallet with the private keys held on hardware wallets; after all a single hardware wallet is still a single point of failure. Cold storage and multisignature can also be combined, by having the multisignature wallet with the private keys held in cold storage to avoid them being kept online.Cold storage walletsA cold wallet generates and stores private wallet keys offline on a clean, newly-installed air-gapped computer. Payments are received online with a watch-only wallet. Unsigned transactions are generated online, transferred offline for signing, and the signed transaction is transferred online to be broadcast to the Bitcoin network.This allows funds to be managed offline in Cold storage. Used correctly a cold wallet is protected against online threats, such as viruses and hackers. Cold wallets are similar to hardware wallets, except that a general purpose computing device is used instead of a special purpose peripheral. The downside is that the transferring of transactions to and fro can be fiddly and unweilding, and less practical for carrying around like a hardware wallet.Hot walletsA hot wallet refers to keeping single-signature wallets with private keys kept on an online computer or mobile phone. Most bitcoin wallet software out there is a hot wallet. The bitcoins are easy to spend but are maximally vulnerable to malware or hackers. Hot wallets may be appropriate for small amounts and day-to-day spending.Bad wallet ideasCustodial walletsCustodial wallets are where an exchange, broker or other third party holds your bitcoins in trust.The number one rule to storing bitcoin is this: if you don’t hold the private keys, you don’t actually own the assets. There are many historical examples of loss due to custodial wallets: Bitcoinica, Silk Road, Bitfloor, MTGOX, Sheep Marketplace, BTC-e, Bitstamp, Bitfinex, Bithumb, Cryptsy, Bter, Mintpal and many more[1]"Isn't it just like keeping your money in a bank?"The following is a quote of waxwing on reddit[2]:There are trade offs with everything, but trusting Coinbase with your Bitcoin is not the same as trusting a bank with your dollars:Suppose 5 people are needed to access the funds, within Coinbase, e.g. the CEO, the tech lead engineer and 3 other senior employees. Suppose one day they wake up and decide to be evil and move all the Bitcoin to some private account of theirs, and perhaps make up a story in the press about how they've been "hacked". You have a serious problem, as you might find there is a protracted legal battle (see MtGox), but you can't actually retrieve the funds unless in some way the company is re-stocked with Bitcoin, or perhaps an equivalent in fiat.If on the other hand you controlled the funds with a majority of keys in a multisig i.e. you own both of the two needed keys of a 2-of-3 multisig, then it would always effectively be your bitcoin, even though the third key may belong to a trusted third party custodian. But this also comes with the responsibility that if you get hacked, you lose all your funds. That is why it's prudent, in a 2-of-3 multisig where you have the two needed keys, to have them in separate systems/locations. If one of them fails, you can go to the custodian to supply the third key and transfer your funds again to safety. But the custodian alone, cannot touch your funds just by virtue of having the third key.Now, if your bank gets hacked similarly - 5 key operatives in the bank decide to swipe your money and pretend it was external hackers - SWIFT transfers are made to accounts in Russia and China. Here it will always ultimately be at the discretion of legal agencies whether you "actually" still have the money that is stolen. Because dollars are not real, they can be created at a whim[3], and while reversing international transfers is not quite so simple, very often that reversal can be achieved (e.g. recent SWIFT hack at bangladesh[4][5] bank; $1 billion stolen, all but $80 million "recovered" (just means wire transfers reversed)). Added to that consider that fiat money is insured, so even when transfers can't be reversed, the money can be "recovered". If too many banks get hacked all at once the Federal Reserve and the government together can make up some "fund" that magically reassigns balances any time they like, with sufficient political will (that's essentially what was happening in 2008 TARP etc).So far no insurance company has ever paid out on a Bitcoin company's claim. Worth considering also.You might say, since it's risky both ways, why not trust Coinbase? Aren't they more competent in security than me?Almost certainly, but this argument has two massive holes in it: (1) because they concentrate funds they are a massive target for hackers, while you are not - at all. (2) they are a trusted third party so the situation is strictly worse - not only do you have to trust their security skills, but you also have to trust them not to steal (modulo multisig, as mentioned above) (edited to add: as well as literal stealing, there is things like political confiscation, don't forget).Web walletsWeb wallets have all the downsides of custodial wallets (no direct possession, private keys are held by a third party) along with all the downsides of hot wallets (exposed private keys), as well as all the downsides of lightweight wallets (not verifying bitcoin's rules, someone could send you a billion bitcoins and under certain conditions the dumb web wallet would happily accept it)Someone who needs the easy access of a web wallet should download a lightweight wallet like Electrum.Paper walletsSo-called paper wallets are an obsolete and unsafe method of storing bitcoin which should not be recommended to beginners. They simply store a single private/public keypair on paper. They promote address reuse and require unwieldy and complicated live OS system boots to be safe, they risk theft by printers, and typically rely on Javascript cryptography.Paper wallets also do not provide any method of displaying to the user when money has arrived. There's no practical way to use a full node wallet. Users are typically driven to use third-party blockchain explorers which can lie to them and spy on them.A much better way to accomplish what paper wallets do is to use seed phrases instead.Main article: Paper walletsCloud storageThis means storing your encrypted (or not) wallet file on a cloud storage solution such as Dropbox, or emailing them to yourself on gmail. This very similar to trusting a custodial wallet service, and is not recommended for the same reasons[6]. You might say you use encryption for two-factor authentication, but uploading the wallet to the cloud reduces this to one-factor.Removable mediaThis refers to storing wallet files on removable media like SSD or hard drives.Refer to the warnings from these two links:Reminder: beware of data rot! Always make paper backup on multiple locationsDo not use (only) flash memory (SSD drives, hardware wallets, USB flash drives) for your precious private keys!Those articles recommend using GPG for encryption or a printer, instead a better solution is seed phrases."Physical" BitcoinsPhysical Coins and other mechanism with a pre-manufactured key or seed are not a good way to store bitcoins because they keys are already potentially compromised by whoever created the key. You should not consider bitcoin yours if its stored on a key created by someone else. It only becomes yours when you transfer the bitcoin to a key that you own.Other ideasTime-locked walletsAn interesting unconventional solution. The idea is to use time-lock contracts to create a wallet which cannot be spent from until a certain date. One possible use-case might be by a gambling addict who locks up money for paying bills for a month, after a month has passed and their time-lock wallet is opened they use that money for paying bills instead of gambling. This is the equivalent proposal towards compulsive shoppers to freeze their credit card in a block of ice, so when they feel the urge to immediately buy something they see on the TV, they will need to wait for the block to melt until they can retrieve the credit card to be able to place the order. This hopefully gives them the time to cool off, and reconsider an otherwise meaningless purchase.Time lock wallets don't exist yet except for simple javascript pages which rely on Javascript cryptography and are therefore not safe.ConsultingIf you intend to store a very large amount of bitcoins, for example in a business, you should consider paying for security consulting.The 5 dollar wrench attackxkcd comic on the 5 dollar wrench attack.It's sometimes said that all this security is worthless because the $5 wrench attack can be used.There are two ways to beat this attack: by hiding or by defending yourself.Stored bitcoins are not secured by seed phrases, hardware wallets, multisignature, passwords, hash functions or anything like that; they are secured by people.Technology is never the root of system security. Technology is a tool to help people secure what they value. Security requires people to act. A server cannot be secured by a firewall if there is no lock on the door to the server room, and a lock cannot secure the server room without a guard to monitor the door, and a guard cannot secure the door without risk of personal harm.[7].Bitcoin is no different. The technology discussed on this page is only a tool to tip the scales in the defender's favour. Following from this principle, the way to beat the $5 wrench attack is to bear arms. Either your own, or employ guards, or use a safety deposit box, or rely on the police forces and army; or whatever may be appropriate and proportionate in your situation. If someone physically overpowers you then no technology on Earth can save your bitcoins. You can't be your own bank without bank-level security.