The invention discloses an anti-oxidation storage device and method for a copper wire coil and a combustion bucket. The method comprises the steps that firstly, the copper wire coil is lifted into a woven bag, and then a magnesium strip is ignited and put into the combustion bucket; a fan at the top of the combustion bucket is started, and the combustion bucket is put into the woven bag; the bag mouth of the woven bag is fastened, the magnesium strip continues to burn under the fan blowing and drives the air circulation in the whole woven bag, Mg is reacted with the oxygen in the woven bag toproduces MgO powder in the process of combustion, therefore, after the magnesium strip combustion is completed, relatively closed oxygen-free environment is formed in the woven bag; and on the other hand, the MgO powder is blown by the fan airflow to a combustion product collection device at the bottom of the combustion bucket, and has a large contact surface area with the air, and MgO can gradually absorb and transform moisture and carbon dioxide in the air into alkaline magnesium carbonate subsequently, so that relatively closed oxygen-free and low-humidity environment is formed in the wovenbag, and the copper wire oxidation blackening is effectively prevented.