Fundamentals of Asset Protection in Web3
Security is a key aspect of crypto trading. The choice between hot and cold wallets determines the level of protection for your assets.
Hot wallets are convenient for frequent transactions but are susceptible to hacking risks. Cold wallets, on the other hand, provide high security by storing private keys offline.
The best approach is a combined use: a hot wallet for operational transactions and a cold wallet for long-term storage.
How to protect assets?
- Use hardware wallets.
- Activate two-factor authentication.
- Never share private keys.
- Check links before logging into crypto platforms.
What protection methods do you apply? Share your experience!
