#CryptoSecurity101
Keeping Your Crypto Safe
In Web3, security is crucial for protecting your assets. Understanding how to store crypto safely, secure private keys, and use wallets is essential for long-term success.
Hot vs. Cold Wallets: Hot wallets (like MetaMask) are convenient but vulnerable to hacks, while cold wallets (like Ledger) offer offline security. Many users combine both for flexibility and safety.
Managing Assets: Always use strong passwords, enable 2FA, and never share private keys. Store backups securely, preferably offline.
Best Practices
- Verify smart contracts before interacting.
- Use hardware wallets for large holdings.
- Stay updated on scams.
Stay SAFU by prioritizing security in every transaction!