Wallet security πŸ”’

Now as we are expecting the bullrun any moment from now , here are few tips we should keep in mind to avoid losses from hacks .

  1. Use a secure wallet: Choose a reputable wallet service that provides security features such as two-factor authentication, encryption, and multi-signature. Avoid using web-based wallets or those that have been hacked in the past.

  2. Use a strong password: Create a strong and unique password that includes a combination of upper and lower case letters, numbers, and special characters. Avoid using common words or phrases.

  3. Backup your wallet: Make sure to backup your wallet regularly and keep a copy in a secure location. This will help you recover your funds if you lose access to your device or if it gets stolen.

  4. Enable two-factor authentication: Two-factor authentication adds an extra layer of security to your wallet by requiring a code from your smartphone or token in addition to your password when accessing your funds.

  5. Keep your private keys offline: Store your private keys offline in a hardware wallet or dedicated device that is not connected to the internet. This will prevent hackers from accessing your keys remotely.

  6. Keep your device secure: Make sure to keep your device secure by using antivirus software, keeping your operating system updated, and avoiding installing unknown software.

  7. Be aware of phishing scams: Phishing scams can trick you into giving away your private key. Be wary of unsolicited emails or messages that ask for your personal information.

  8. Avoid public Wi-Fi: Public Wi-Fi can be insecure and can expose your wallet to hackers. Avoid using public Wi-Fi when accessing your wallet.

  9. Keep your wallet software updated: Regularly update your wallet software to ensure that any known security issues are fixed.

  10. Consider diversifying your investments: Diversify your investments across different asset classes to reduce the risk of losing all your funds if one asset class performs poorly.

23 Likes

This was a good read

7 Likes

More important than making money is keeping it.

4 Likes

Thanks bro

2 Likes

Word!!! Thanks mate

3 Likes

Well detailed cool

3 Likes

thanks helpful info

3 Likes

great security post

2 Likes

It’s a beautiful write up

7 Likes

Great post! Thanks man

2 Likes

Thanks for this helpful piece

2 Likes

This was helpful

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Thanks for the information and advice fam,this is very important and cruiser, thanks buddy.

2 Likes

Using a reputable wallet cannot be overemphazized

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I certainly agree :ok_hand:

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That’s just it

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Your are welcome

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Happy to help

You’re welcome

1 Like

Thank you , i appreciate

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