Although your assets exist digitally on the blockchain, the tools that grant access to them are physical. In this guide, we explain how a home safe can guard your cryptocurrency. Plus, share tips for the most secure way to store your hardware wallet.

Why Physical Security Matters for Cryptocurrency Storage

Cryptocurrency is digital, but accessing it requires physical devices and recovery information. As an investor, your cryptocurrency hardware wallet, recovery seed phrase, and backup storage media require a secure solution to keep them safe.

In Australia, you face various risks to your investments, including: 

• Residential burglary
• Accidental house fires 
• Bushfires
• Flooding and storm damage
• Accidental loss or disposal
• Damage from moisture or environmental exposure

If your hardware wallet and its recovery phrase are lost or destroyed, you can permanently lose access to your funds on the blockchain. So, proper storage is critical.

What Is a Cryptocurrency Hardware Wallet?

A cryptocurrency hardware wallet is a physical device that stores private keys offline. They work by generating and securely storing private keys. Users then sign transactions without exposing these keys to the internet. 

When you set up your hardware wallet, you receive a recovery seed phrase – typically 12 to 24 words. This phrase is the master backup for your wallet. If you lose the device or it’s damaged, it allows you to regain access to your account.

However, if both the hardware wallet and the recovery phrase are destroyed or stolen, you can permanently lose access to your money. In addition to cryptocurrency scams, which Australians lost an estimated $3 million to last year, it’s a significant risk for investors.

A deposit safe made for crypto specifically can protect:

• The hardware wallet itself
• The written recovery phrase
• Metal backup plates
• USB backup drives

To ensure you’re the only one accessing your funds, storage must provide sufficient protection. 

Choosing the Right Safe for Crypto Hardware Wallets

Not every safe suits the unique requirements of a crypto hardware wallet. When you’re choosing protection for your digital assets, it should meet the following criteria. 

• Fire Resistance: A fire-rated safe can protect its contents for 30 minutes. As bushfires are part of life in Australia, this is a vital defence.
• Water Resistance: Flooding, burst pipes, humidity, or water exposure can damage electronics, metal components, and paper seed phrases. A safe with a moisture seal is a must. 
• Solid Steel Construction: Thick steel walls and reinforced doors deter forced entry.
• Secure Locking Mechanisms: Options include digital keypad locks, combination locks, or key-operated systems. The goal here is to balance security and usability.
• Anchoring: You must be able to bolt the safe to concrete flooring or solid structural elements. If not, a thief can easily remove it.

Options such as home office safes, personal safes, and house safes are popular for this purpose. You can even use a second-hand safe to store cryptocurrency, provided you buy a high-quality used safe from a reputable supplier like Askwith Safe Company. 

With our advice, your choice will align with the asset value and risk profile of your investments.

Best Practices for Storing Recovery Phrases and Backups

Your cryptocurrency recovery phrase is just as important as the hardware wallet itself. When you don’t protect it, you’re more vulnerable to hacking and data breaches. Even worse, you have no backup if you lose the wallet. 

To keep it safe, we recommend:

• Writing the phrase clearly and legibly.
• Using metal seed storage for durability.
• Keeping recovery phrases stored inside a secure safe.
• Separating the wallet and recovery phrase into different compartments.
• Never photographing, emailing, or storing seed phrases in the cloud.

The goal is accessibility for you, but not anyone else. The right safe can achieve it.

Safe Placement and Concealment Within the Home

The Australian Government estimates that the number of crypto ATMs has increased from 23 in 2019 to 1,800 today. As more Australians invest in cryptocurrency, we can expect an increase in theft and scams. So, choosing the right location for your safe is critical.

As experts in home safes, we advise our customers to keep them:

• Out of sight and not immediately visible to visitors.
• Installed in a structurally strong area of your home, like a garage or wardrobe.
• Anchored in place to concrete floors or reinforced walls.

Balancing accessibility and privacy, you should be able to access your wallet as needed. But most importantly, never advertise its presence.

Why a Quality Used Safe Can Be a Smart Investment for Crypto Holders

Cryptocurrency portfolios have the potential for strong returns. For many, what begins as a modest investment can become a significant asset – and the same goes for safes. Buying a high-quality used safe to protect your investment can reduce the upfront cost without compromising security.

However, it’s vital to buy wisely. Crypto storage incorporates both physical and digital security. Any second-hand safe must be up to the task, which is where Askwith Safe Company range and expert advice are invaluable. 

Why Buy a Safe for Crypto Storage from Askwith Company

Askwith has decades of experience protecting our customers’ assets with safes in Perth, greater Western Australia and nationally. From compact storage to larger security solutions, we have what you need. Our range includes:

• Fire-rated safes
• Anchor-ready models
• Compact personal safes for hardware wallets
• Deposit safes for additional secure storage needs
• Refurbished and second-hand safes for cost-effective protection

Our team can help you select a safe that matches your property structure and asset value. We can also assist with installation, giving you peace of mind that your investments are safe. 

Secure Your Cryptocurrency the Right Way with Askwith Company

Your cryptocurrency may be digital, but the hardware wallets and recovery keys that protect it are real – and irreplaceable. Protect them from theft, fire, and environmental damage with a high-quality safe from Askwith Company.

We offer fire-rated, anchor-ready safes ideal for storing hardware wallets, recovery phrases, and backup devices, along with expert advice and professional installation across Perth and Australia.

Explore our range of new and second-hand safes at www.askwithcompany.com.au or call (08) 9451 7848 to speak with our security specialists.

The post Home Safes For Your Crypto Hardware Wallets in Australia: What You Need to Know appeared first on Askwith Safe Company.

Whether you need a cash management safe or simple cash tins, selecting the right safe requires careful consideration of several key factors.

Understanding the Importance of a Cash Safe in 2025

More people than ever are investing in the security of cash safes. The global safes and vaults market reached AUD 9.69 billion in 2023 and is expected to continue growing steadily. The Asia-Pacific region drives this growth as security concerns rise and technology advances. 

Some modern cash safes now incorporate smart features like biometric access and remote monitoring capabilities, and the demand keeps rising in Australia.

Did you know? Around 2% of Australian households, approximately 194,100, experienced a break-in. Of these incidents, 65% involved stolen property.

Let’s investigate how you can choose the right safe to protect your precious assets:

Fire-Resistant vs. Burglar-Resistant Safes: Which Should You Choose?

Modern safes offer dual protection against both fire and burglary attempts:

• Fire protection: Modern safes shield valuables from extreme heat, making them essential for safeguarding cash and documents, particularly in bushfire-prone regions.
• Burglar protection: With reinforced steel construction, anti-drilling mechanisms, and resistance to advanced cutting tools, these safes offer robust security against theft.

Size and Capacity: How Much Cash Can Your Safe Hold?

When selecting a safe’s size, consider the following:

• Cash safe for home: Our range includes compact safes for cash storage at home, ideal for keeping spare cash and valuables close at hand.
• Small businesses: Safes with a capacity of 500-800 litres are ideal, but opting for a slightly larger size ensures room for growth.
• Large enterprises: Safes with over 1,000 litres of capacity provide ample space and future-proofing for bigger storage needs.

Locking Mechanisms: Digital vs. Traditional Locks

Modern safes offer various locking options:

• Digital locks: These offer advanced features like biometric access, mobile app integration, and remote management for enhanced security and convenience.
• Traditional locks: Relying on key-operated or combination systems, they provide reliable security without the need for batteries or power.

Portability vs. Fixed Installation: What Suits Your Needs?

Focus on your security needs when choosing installation options:

• Fixed installation: Provides superior security through proper anchoring, often required for insurance compliance, with professional installation highly recommended.
• Portable options: They suit temporary storage perfectly, making them ideal for small businesses and easy to relocate as needed.

Additional Features to Look for in a Cash Safe

An extra-safe modern cash safe can include advanced features:

• Smart features: Modern cash safes offer real-time monitoring, automated cash counting, and digital audit trails for streamlined operations.
• Security enhancements: Equipped with time-delay locks, dual custody access, and anti-tampering alerts, they ensure maximum protection.
• Adaptability: Choose safes with upgradeable locking mechanisms, expandable storage options, and compatibility with evolving security protocols to stay ahead of threats.
• User-friendly design: Look for safes with intuitive interfaces, ergonomic handles, and customisable interior layouts to ensure ease of use.
• Warranty and support: A comprehensive warranty and responsive customer service ensure your investment is protected and supported for years to come.

Cost vs. Security: Balancing Budget with Protection

When balancing budget and protection, consider the following investment factors:

Initial Costs

Factor in the upfront expenses, including the purchase price of the safe, professional installation fees, and costs for integrating the safe with existing security systems.

Long-term Value

Assess the potential savings over time, such as reduced insurance premiums, minimised risk of theft-related losses, and improved operational efficiency for businesses or households.

Maintenance Costs

Consider the ongoing expenses for upkeep, such as replacement parts, routine servicing, and software updates for technologically advanced safes.

Resale Value

Opt for a high-quality safe that retains value over time, should you decide to upgrade or sell it in the future.

Risk vs. Budget

Evaluate your security needs against your budget to ensure the safe provides adequate protection without unnecessary overspending.

Top Recommended Cash Safe for Sale Options for 2025

Here’s a comparison of top-performing cash cabinets:

Best for Cash Deposits: CMI CMS Series Safe with Deposit Drawer Chute

Design and Build

The CMS Series safes, CMS-1 and CMS-2, feature a durable 12mm steel construction with bolt-down capability. Designed in Australia, they ensure secure, long-lasting use.

Capacity and Storage

Ideal for holding up to $5,000 overnight, both models include a deposit drawer (75mm x 183mm x 120mm). CMS-1 is compact, while CMS-2 offers larger storage.

Security Features

The safes feature restricted and standard key locks, ensuring secure cash handling. The deposit chute enhances efficiency and convenience.

Warranty and Support

Both models come with a 5-year construction warranty and 12 months on locks, backed by responsive customer support.

Best for High-Capacity Key Management: CMI SKC-250D Security Key Cabinet 

Design and Build

The SMI SKC-250D has a 3mm steel body and a 6mm door. The cabinet is durable and compact (530mm x 370mm x 220mm). Its 38kg weight ensures sturdiness and easy placement.

Capacity and Storage

The cabinet holds up to 250 keys, with three removable swinging leaves for organised storage, making it ideal for businesses or extra protection of your keys – including keys for cash safes.

Security Features

Equipped with digital, combination, or key locks, it includes bolt holes for secure anchoring to prevent tampering or theft.

Warranty and Support

Comes with a five-year construction warranty and two years on locks, which ensures long-term reliability and support.

Best for Versatility and Customisable Security: Askwith Protect-All Key Cabinet 

Design and Build

The Protect-All Key Cabinet is powder-coated steel with a 4mm door and 2mm body. This cabinet is durable and available in various sizes to suit different needs.

Capacity and Storage

With multiple size options, it’s ideal for small to large key storage, ensuring an organised and efficient setup.

Security Features

Features a quality digital lock with key override and pre-drilled bolt holes for secure anchoring to a solid surface.

Warranty and Support

Offers a reliable long-term solution with detailed support available via brochures or quotes.

Lock in Peace of Mind Today

The right safes for cash protect your business while boosting security and efficiency. Consider your specific needs, future growth, and security requirements when choosing a money safe box.

Remember that professional installation is crucial for maintaining insurance coverage and ensuring maximum security. Contact our expert team at Askwith Safe Company for personalised advice focused on your needs.

The post Choosing the Right Safe for Cash: Key Features to Consider in 2025 appeared first on Askwith Safe Company.

Whether choosing a fire resistant cash free standing safe, fire resistant floor safe, or fire resistant home safe, general criteria must be met to guarantee superior securing of important items. Below are key questions to consider prior to your purchase.

What type of budget should I be looking at for a fire resistant safe?

What you place inside your safe will define the ratings/protection needed, and this is reflected in the price. Keep in mind, saving money on a fireproof safe could render valuables a melted mess if the internal temperature rises too high.

Askwith Safe Company’s team of safe specialists provide safes Australia-wide for commercial and residential properties. Our experts ensure clients make informed decisions when securing premium yet affordable protection for valued goods.

How do I know a safe is truly fire resistant?

In today’s market, a rating system known as UL acts as a popular and recognised guide. UL stands for Underwriters Laboratories, who provide verified certification. Some UL ratings can only protect certain items during a fire, so you need to take note.

The first number tells the highest internal temperature the safe will reach. The second number shows the hours the safe stays equal to or under that range. (For example, documents need a UL rating that promises conditions they can survive.)

Why does my insurance provider need to know the cash rating of a safe?

Fire isn’t the only threat to your belongings. Stopping theft is also a lead priority. Think of the cash rating as a reflection of the security level the safe offers, in the face of a determined intruder. This is why both UL rating and cash rating matter.

A few factors relating to the safe’s construction quality impact the cash rating. This rating then affects your insurance cover. Yes, higher cash ratings equal higher-priced safes — but the result is increased cover from an insurance provider.

What else should I keep in mind?

A client may be concerned about particular conditions in a workplace or location that could potentially increase damage to the safe, in the event of a fire. In these cases, further fireproofing protection ratings may be sought.

Such conditions include proximity to highly flammable chemicals, or falls from a notable height. Consult our experienced team about industry ratings that measure a fireproof safe’s performance during an explosion, or as a result of impact.

Any other key factors I need to watch out for?

Where the safe is being placed matters, and it’s worth considering delivery and installation needs. At Askwith Safe Company we offer Delivery and Installation services, as well as Safe Maintenance, Repairs, and Servicing.

Waterproofing is also relevant. While people often focus on fire threats, it only takes water from a flood, burst pipe or even the firefighter’s hose to create havoc. Our team can help you ascertain the level of waterproofing you’re likely to need.

Why we’re a preferred safe provider

As Western Australia, South Australia and the Northern Territories’ sole distributor of Chubbsafes — and the Australian sole distributor of Mutual, Rhino, IronGuard and Protectall Safes — we know people rely on our expertise.

For a quarter of a century, Askwith Safe Company has been providing Australia’s domestic and commercial safes. Let’s talk soon about the specifics of needing a safe in Perth or elsewhere. Our friendly team will recommend the best brand and model for your budget.

The post What you need to know about Fire Resistant Safes appeared first on Askwith Safe Company.

So, it can be easy for a simple security check to slip your mind. At least you can have peace of mind that your security safe in Perth is staying firmly closed – provided you remember to lock it after retrieving your passport!

That’s just one of the things included in our list of 12 things you can do to bolster home security, to enjoy your time away worry-free.

1.   Make the house look occupied

Burglars are going to bypass a home that looks lived-in. Leave the TV or radio on for short trips or use smart home technology to switch lights on and off. Even better, hire a house sitter so the house is occupied.

2.   Ask a neighbour or friend for help

Enlist a neighbour to keep an eye on your place. Give them a key and ask them to do things like take out the bin, collect your mail (see #4 below), park in your driveway and feed the cat.

3.   Store valuables in a security safe

When you pit a burglar against a home security safe in Perth, the safe is always going to come out on top. Burglars are opportunistic and haphazard; they’re not going to spend several days in your home trying (in vain) to crack a safe.

4.   Forward your mail

If there’s nobody to collect your mail, have it temporarily forwarded to another address. Pause any delivery subscriptions and attach a No Junk Mail sign to your letterbox.

5.   Check every lock

Go through your home and lock every door, window, cat flap, and garage door. Then go around again and double-check, and when you’re sure…

6.   Remove spare keys

Thieves know to check under mats, in plant pots, above doors and in the garden for spare house keys. Make sure you collect them all, even if you have somebody keeping an eye on the property.

7.   Post sparingly on social media

Don’t give thieves the heads-up that you’re away by posting on public channels. Save the holiday spam for when you get home in case the wrong person sees it.

8.   Install a home security system

Security safes are great for keeping valuables locked up. However, you might want to consider investing in a CCTV system or monitored alarm for added peace of mind.

9.   Put electronics on timers

If you don’t have internet-enabled devices, old-school timers work just fine. Schedule lights to come on around dusk and have the radio playing during the day to give the impression someone is home.

10. Unplug nonessential appliances

If you’ve ever had the thought of “did I remember to turn off the iron?” then this point needs no further explanation. It’s a small action with big benefits.

11. Clear gutters and drains

The weekend before you leave, do a little DIY by clearing dead leaves from the gutter. Although the chances of a spontaneous fire are slim, it’s one less thing to worry about on holiday.

12. Keep the garden tidy

Consider booking the lawnmower to visit if you’re planning to be away for a while. Ask a friend to drop by and water your plants, or book a landscaper to do it all at once.

Use this as a checklist before your next holiday, work trip or weekend away from home. It also works if you need to lock up the office for a while or keep a business secure (for example, in the event of another lockdown).

And if you need a new, upgraded or relocated solution to stash your most valuable possessions, call Perth’s security safe experts at Askwith Safe Company.

The post How To Improve Home Security Before Going on a Holiday appeared first on Askwith Safe Company.

The industry your office operates in will dictate the type of office safe in Perth you need – from a safe that is tool resistant to one that is specifically designed for depositing large amounts of cash – so it is important to do your research and ask the experts about the type of safe your business needs.

At Askwith Safe Company, we have narrowed down our top three highest quality, most effective brands of office safe in Perth and broken down the various types that may suit your office environment.

1. Chubb Safes

Chubbsafes are “trusted the world over” and it is easy to see why, with a wide range of reliable, sturdy, affordable and secure safes.

At Askwith Safe Company, we are the only authorised reseller of Chubbsafes in Western Australia, so you know that you can trust our team to give you the best Chubbsafes products and best advice on their range.

Three of the office safes we recommend for Perth offices include the Deposit Container, Duoguard and Omni Drawer Trap safes.

Deposit Container

As the name suggests, the Deposit Container is designed to be a secure safe for cash deposits, which is ideal for small businesses who need to secure documents or cash within their business.

The safe features 8mm of solid steel construction to offer the protection you need, with the choice of an electronic or key lock for convenience.

DuoGuard

The DuoGuard range is the perfect option if you need to store a number of items safely from burglary and fire threats in your office.

The DuoGuard office safe comes in five sizes, from a small 62 litre capacity up to a brilliant 443 litre capacity, making it an ideal choice for both small and large offices. The safes also come with optional internal fittings, including:

• removable shelf;
• extendable shelf;
• lockable drawer;
• lockable compartment;
• extensible tray; and
• file frame

For those who have read our previous blog about What to Look for When Buying a Fireproof Safes in Australia, you’ll be glad to know that the DuoGuard range has been certified to protect paper documents for one hour in the event of a fire.

The DuoGuard range can be fitted with either a high-security electronic lock or a key lock, while some of the models can also come with a dual lock capability.

Omni Drawer Trap

Chubbsafes Omni Drawer Trap is a brilliant safe for office and retail environments where persons within the business need access to the safe to make deposits without the need to open the safe.

This safe comes in three sizes and offers a number of security features to keep your items safe and secure, including:

• A 10mm solid steel door;
• A drawer trap, which provides additional security;
• A $25,000 cash rating; and
• Being secured with a key lock, with the option for a second lock to be fitted.

2. IronGuard Safes

IronGuard Safes are another brand who create strong, resilient office safes that are manufactured to the highest security standards.

At Askwith Safe Company, we are big fans of the 32-D, 62-D and 62-C safes for use in an office environment. The IronGuard products are made with high density concrete, encased in steel, making them highly resistant to both thieves and fires.

The 32-D model is 335mm(h) x 440mm(w) x 355mm(d), making it a great option for a small office safe in Perth, while the 62-C & 62-D models are much larger, designed for use in cupboards. The 62-C and 62-D models are 628mm(h) x 410mm(w) x 357mm(d), offering adjustable shelving and enough space for all your office valuables.

3. Protect-All Safes

Protect-All Safes round out our trifecta of brilliant brands who offer office safes in Perth, in fact, we are the sole distributer of Protect-All Safes Australia-wide!

The range of Protect-All Safes do as the company’s name suggests – they protect all. These safes are constructed with a 2mm solid steel body and 3mm solid steel door, which is highly resistant against hand and mechanical tool attacks.

At Askwith, we offer three types of Protect-All Safes, which are all on the smaller side – perfect for keeping concealed in your office. The smallest safe is the PA-20K, which has an 11 litre capacity, while the largest safe, the PA-35 LCD LT has a 44 litre capacity.

Trust Askwith Safe Company for your Office Safe in Perth

With over 20 years experience in the industry, Askwith Safe Company are the name you can trust with your office safe in Perth.

We are committed to helping you find the right office safe solution for your business, whether you are looking for a safe to secure any cash deposits or a safe with a large capacity for storing larger or more significant items.

Secure your office safe in Perth with us today – contact the Perth team at Askwith Safe Company today on (08) 9451 7848 for more information.

The post Askwith Safe’s Top 3 Recommended Office Safes appeared first on Askwith Safe Company.

It is difficult to think that someone could break in to your home, often while you are at work or on holidays, and steal the valuables you have worked hard for or been gifted.

So what can you do to keep your jewellery safe in your home?

One way is by using a safe to store your jewellery – we’ll touch on this more in point five below. You can pick up used jewellery safes at Askwith Safe Company, Australia’s trusted provider of secure home safes.

Security Cameras & Alarm Systems

Investing in security cameras for your home works as both a deterrent to would-be thieves and a means of catching them if they are brazen enough to break in.

There are a number of security camera systems on the market these days that are affordable and even connect directly to your smartphone, so you can check on your home while you are on holidays or just out at the shops.

These security cameras can also be hooked up to a security alarm system to give you greater protection, as a security system can alert you to a break in or movement within your home when you’re not there, while the camera system gives you footage than can be used as evidence against the perpetrator.

Don’t Flaunt Your Valuables on Social Media

If you’ve recently had a birthday, received a beautiful piece of jewellery or you own a considerable collection of valuables, it is important to avoid flaunting them on social media to the masses.

Unfortunately, social media is a great way for thieves to find out what valuables you may have in your home, when you might be home or at work and when you might be on holiday; giving them the perfect time to pay your home a visit and a list of valuables to look for. (Related Article: 12 Ways to Improve Security While on a Holiday)

Tip: We also suggest that if you receive jewellery or valuables at Christmas or around Valentine’s day, that you avoid putting any bags or boxes from the jewellery in your bins outside your home. Opportunistic thieves can also use these boxes to find out what you may have received and subsequently, what may be inside your home.

Take Out Insurance

Unfortunately, theft does happen, as does accidental damage and loss as a result of fire and other tragedies. If the worst happens, you want to know that you are covered financially for the loss.
Taking out an insurance policy to cover your jewellery and other valuables in your home won’t stop theft from happening, but it will give you peace of mind that from a financial sense, you are covered for any loss.

Hide Jewellery

This one is a bit of a no-brainer really. If you have expensive and precious jewellery, we understand you may want to have it on show so you can appreciate it, but we urge you to consider hiding your jewellery in creative places or buying a used jewellery safe.

Hiding jewellery out of sight often isn’t enough – thieves tend to find the easy hiding spots. Consider hiding jewellery and other precious items in creative spots such as in a fake bottom of a potted indoor plant, inside an old coffee mug at the back on your cupboard or even in an old sock at the back of your underwear drawer.

Just don’t forget where you’ve hidden them!

you might interested in Drug Safes

The post 5 Ways to Keep Jewellery Safe at Home appeared first on Askwith Safe Company.