How to keep your crypto wallet safe?

[Jlife]

I store most of my cryptocurrency in crypto exchanges and one of my favourite is coinbase and binance, all these exchanges have the best security system, I do not save my secret code in any online platform. They are all written in a book offline.

 

[Ub40]

Of course it is obvious that for our wallet or even any other online account safe, is to first and foremost create a strong password, then create 2FA, as already stated, though for the site with the function. And we also remember that we should not write down our password on a piece of paper.

 

[Senator]

I'm keeping your cryptocurrencies wallet save, it is very important that you apply and use the two factor verification on it too. Activate it I'm order to maintain safety of your funds

 

[BrolySSJ]

There are some cryptocurrency wallets that actually allow you to set a password that can be requested on every transaction which will make your wallet a lot more secure. This can be in the form of a direct password or it could even be to access of your fingerprint if your device is able to support such.

 

[Senator]

There are some cryptocurrency wallets that actually allow you to set a password that can be requested on every transaction which will make your wallet a lot more secure. This can be in the form of a direct password or it could even be to access of your fingerprint if your device is able to support such.

This is another quality input on how we can safely keep our cryptocurrencies wallet safe from illegal access from outsiders and intruders

 

[BrolySSJ]

This is another quality input on how we can safely keep our cryptocurrencies wallet safe from illegal access from outsiders and intruders

From what i have seen from the wallets that i have used the wallet that is able to offer this feature is the bitpay wallet on android and this is the reason why i have chosen that as my primary cryptocurrency wallet.

 

[Aaron625]

Some of the wallets like Trust wallet doesnt have 2 FA feature , in that case one should write down the recovery phrase words in some notebook + save the copy of recovery phrase words in google drive.

 

[Kelly5]

Some of the wallets like Trust wallet doesnt have 2 FA feature , in that case one should write down the recovery phrase words in some notebook + save the copy of recovery phrase words in google drive.

Yes one should try to save their recovery phrase of their cryptocurrencies wallet on a note book. But not certainly on any digital saving platform like your email or even on your Google drive. It might be hacked there

 

[Aaron625]

Yes one should try to save their recovery phrase of their cryptocurrencies wallet on a note book. But not certainly on any digital saving platform like your email or even on your Google drive. It might be hacked there

I guess Goggle drive is safe enough , but yeah nothing can be trusted related to online. Its better to write down in a paper and keep it in the bag.

 

[Ceeny007]

Screenshot your seed phrase and save it to the cloud or send it to your own
Email address.

 

[Josemendez]

Screenshot your seed phrase and save it to the cloud or send it to your own
Email address.

If your email address is compromised , your wallet is also compromised and you will lose your fund once the hacker gets access to you seed phrase. This is something you need to consider.

 

[Hena101]

I think you have said it all because all the the once you mentioned are the best way to keep your wallet safe but me i prefer having 2fa on my wallet.

 

[Nurudeen]

Enabling two factor authentication is the best way to keep a crypto currency exchange platform safe. With this method nobody will be able to hack into the system

 

[mcjerry]

That is the best way to keep our crypto currency safe. I don't like the hardware wallets for it can get damaged or lost any time. But on paper wallet we only need to write many copies and save them different places. Most important we need to encrypt them with password

 

[Yusuf]

The best way to keep a wallet safe is to use two factor authentication on the crypto currency exchange platform and ensure to link email to the security system of your wallet.

 

[Kelly5]

That's a very nice one there Alex. Always make sure you create a two factor authentication for your wallets and make your password as lengthy as possible to make it hard to guess

 

[Shigobad2020]

1. Protecting your cryptocurrency investments.
2. Use wallets from known sources.
3. Do your homework.
4. Store your coins in a cold wallet.
5. Don't keep all your cryptocurrency in a single place.
6. Store your cryptocurrency private keys.
7. Back up your cryptocurrency private keys.
8. Use strong passwords.

You have to do a good homework if you are trying to keep your crypto currency safe in your wallet , I always use back up for my private keys , and I normally uses strong password.

 

[Senator]

Your recovery passphrase is a very important aspect to keeping your wallet safe. You should not save your recovery passphrase on any electronic device please.

 

[Rhapsody]

Apart from enabling 2FA, encrypting your digital wallet is another line of defense against potential cyber-attacks. This allows you to set a password and lock your coins whenever someone attempts to access your account. The hacker won’t be able to steal your Bitcoin unless he knows the password you set.

This is the best part that I like. For any Waller that I want to create that I will keep my coin for a long term, I do encrypt my wallet with password. That is why I do use and like coinomi wallet for that.

 

[Hena101]

All the method mentioned are good ways of keeping your wallet safe but the one i preferred and used is 2FA because it it more easy to me.