#CryptoSecurity101 ✅
This information is vital if you are starting in the crypto world or if you already have digital assets and want to protect them better.
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🔐 #CryptoSecurity101 — Fundamentals of Crypto Security
1. 🛑 Never share your private keys
• Private key = your master password. Whoever has it controls your cryptocurrencies.
• Seed phrase: a list of 12 or 24 words generated by your wallet. Store it offline, on paper or a secure device, never in the cloud or in screenshots.
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2. 💼 Choose the right wallet
• Hot wallet (connected to the internet): useful for daily use, but more vulnerable to attacks.
• Eg: MetaMask, Trust Wallet
• Cold wallet (offline): ideal for long-term storage.
• Eg: Ledger, Trezor
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3. 🔐 Enable two-factor authentication (2FA)
• Protect accounts on exchanges like Binance, Coinbase, or Kraken.
• Use apps like Google Authenticator or Authy, not SMS (they are easier to intercept).
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4. ⚠️ Beware of scams
• Never send crypto to strangers promising to return more.
• Always verify the URL of the website.
• Be wary of direct messages on social media about “safe investments.”
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5. 🧠 Do DYOR: Do Your Own Research
• Do not blindly follow advice from influencers.
• Research the project, its team, purpose, and code (if you know how to read it).
• Use reliable sites like CoinMarketCap, CoinGecko, or Messari.
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6. 📉 Be careful with smart contracts
• Do not sign transactions without knowing what they do.
• Connect your wallet only to audited or known sites.
• You can use tools like DeBank or Etherscan to see what permissions a dApp has over your wallet.
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7. 🔍 Monitor and revoke permissions
• Use Revoke.cash or Etherscan Token Approvals to see and remove unwanted access to your tokens.