How to Protect Your Crypto Wallet 95% of the Time
chandan
0x50c8
December 20th, 2022
  • Always keep your private key and seed phrase offline, such as by writing them down on paper and storing them in a secure location that only you have access to. Do not save them on any device or cloud storage, as these can potentially be hacked and your wallet compromised.
  • To further increase security, you can consider leaving out a few words from your seed phrase when writing it down, and memorizing or securely storing these words separately. This way, even if someone gets hold of the paper with your seed phrase, they still won’t have access to your wallet.
  • Be careful when interacting with online wallets and make sure you only connect to websites that you trust. Double-check the URL before signing any transactions, and make sure to read the transaction details carefully before approving them. Bookmark the websites you visit frequently.
  • If you are participating in airdrops or giveaways, consider using a “burner” wallet specifically for these purposes. Transfer any tokens or NFTs you receive to your permanent wallet address.
  • If you are using browser extensions to access your wallet, use a native browser that has these extensions installed and only use this browser for Web3 DAPPS. Do not interact with any Web2 sites (such as email and social media) through this browser. It is also a good idea to change the password for your wallet extensions on a regular basis, as this can help protect your wallet in the event that someone gains access to your browser.
  • Finally, consider using a hardware wallet for added security. These devices, such as Ledger and Trezor, provide an extra layer of protection for your assets and are generally considered more secure than software wallets. If you have a significant amount of cryptocurrency or other digital assets that you do not want to risk losing, a hardware wallet may be a good investment.
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Arweave Transaction
xvNd8eAmOInQrX0…dgoPI0c5tB4NlJk
Author Address
0x50c88219BfE7A1D…02E30AfCa24679c
Content Digest
vuslsqt95p1vlNd…ybycdfchFmkySos