#CryptoSecurity101 @MrXLove
๐ Master Your Crypto Security: Hot vs. Cold Wallets + Top Tools
Hot Wallets (For Daily Use)
Best for: Quick trades, DeFi, NFTs.
Top Picks:
- Trust Wallet(Binance-integrated, 100+ chains)
- MetaMask (Ethereum/DeFi king, 4.5โ )
- Coinbase Wallet* (User-friendly, multi-chain)
Security Tip: Never store >10% of portfolio. Use 2FA (Authy/YubiKey) ๐
Cold Wallets (Long-Term Storage)
Best for: Holding large amounts securely.
Top Picks:
- Ledger Nano X (Bluetooth, 5,500+ assets)
- Trezor Model T (Touchscreen, open-source)
SafePal S1 (Air-gapped, $49)
Security Tip: Store seed phrases on metal plates & test backups! โ ๏ธ
Non-Negotiable Security Habits
1. Revoke unused contracts: Use Etherscanโs "Token Approvals" tool monthly .
2. Verify URLs: Bookmark CEX/DEX sites to avoid phishing .
3. Multi-sig vaults: For >$10k holdings (e.g., Gnosis Safe) .
4. Never share: Seed phrases, keys, or 2FA codes. Exchanges wonโt ask! ๐ซ
Why Hybrid Wins
Hot: 5-10% for daily spending.
Cold: 90-95% for "sleep-well" savings .
Pro Tip: Pair Trust Wallet (hot) with Ledger (cold) for Binance ecosystem synergy .