#CryptoSecurity101 Crypto security is an extremely important topic, especially in an era when digital assets are becoming increasingly popular. Here are the main thoughts to keep in mind when thinking about crypto security:
🔐 1. Storage security is critically important.
Hardware wallets are considered the most secure for storing cryptocurrencies. They store private keys offline.
Hot wallets (on your phone or PC) are convenient but vulnerable to viruses, phishing, and hacks.
Never store large amounts on exchanges. Even large platforms are prone to hacks (example — Mt. Gox, FTX, etc.).
🧠 2. Private keys are your responsibility.
Loss of a private key or seed phrase = loss of access to funds. No way to "recover password."
Never share your seed phrase with anyone, even if the person claims to be support or a friend.
🧪 3. Be cautious with new projects.
Many fraudulent tokens, "airdrop" scams, DeFi schemes.
DYOR (Do Your Own Research) — always conduct your own research.
⚠️ 4. Phishing is one of the main threats.
Fake websites, forged emails, and messages on social media often disguise themselves as well-known services.
Check URLs, do not click on suspicious links.
🛡️ 5. Anonymity ≠ security.
Many think that crypto is anonymous. In reality, most blockchains (for example, Bitcoin, Ethereum) are pseudonymous, and transactions can be tracked.
Using mixers, Monero, or other privacy coins is a separate topic, but they are monitored by regulators.
📚 6. Learning is key.
Continuously improve your literacy in crypto: security, blockchains, smart contracts.
Subscribe to verified resources and avoid "shill channels" and hype artists.
💬 Conclusion:
Crypto security is not just a technology, but a daily discipline. Once you enter the crypto world, you become your own bank. Therefore, the responsibility is on you.