#CryptoSecurity101 Cryptocurrency security is key because transactions are irreversible and you are fully responsible for your assets.
Basic crypto security tips
* Choose the right wallet:
* Hot wallets (online): Convenient for frequent trading, but more vulnerable. Use them only for small amounts.
* Cold wallets (hardware): Offline devices, extremely secure for long-term storage of significant funds (e.g. Ledger, Trezor).
* Protect your "seed" phrase: This is your master key.
* NEVER share it. No legitimate representative will ask you for it.
* Store it offline in a secure place (written on paper, engraved on metal), in several different places.
* Avoid photos or digital storage.
* Strong passwords and two-factor authentication (2FA):
* Use unique, complex passwords for each crypto account.
* Always enable 2FA (prefer authentication apps over SMS).
* Watch out for phishing:
* Always check website URLs.
* Donโt click on suspicious links.
* Never send crypto to strangers promising quick profits.
* Verify transactions:
* Always check the recipientโs address before sending.
* Make sure the network and token standard match.
Keep your software up to date and avoid public Wi-Fi networks for crypto transactions. Be informed โ in the age of cryptocurrency, you are your own bank!๐