#cryptosecurity101

#CryptoSecurity101 is a great starting point for understanding how to stay safe in the world of cryptocurrency. Here's a concise guide that covers the most important principles:

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๐Ÿ” 1. Secure Your Wallet

Use Hardware Wallets: Devices like Ledger or Trezor keep your private keys offline.

Avoid Hot Wallets for Large Funds: Only use mobile/web wallets for small, frequent transactions.

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๐Ÿ—๏ธ 2. Protect Your Private Keys & Seed Phrases

Never Share Them: With anyone. Ever.

Write Offline, Store Safely: Use paper (or metal backups), keep in multiple secure locations.

Avoid Screenshots: They can be hacked or accessed via cloud backups.

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๐Ÿง  3. Beware of Scams

Phishing Links: Double-check URLs and donโ€™t click links in DMs or emails without verification.

Fake Support: No legit company will DM you first.

Too Good to Be True? It is. If someone promises guaranteed returns, itโ€™s likely a scam.

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๐Ÿ”„ 4. Enable 2FA (Two-Factor Authentication)

Use Authenticator Apps: Google Authenticator or Authyโ€”not SMS.

Don't Reuse Passwords: Use a password manager like Bitwarden or 1Password.

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๐Ÿ”Ž 5. DYOR (Do Your Own Research)

Donโ€™t Trust, Verify: Look into project teams, whitepapers, community trust, and audit history.

Avoid Hype FOMO: Many projects pump and dump. Stick to fundamentals.

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๐Ÿ›๏ธ 6. Use Reputable Exchanges

Check Licensing and Reviews: Stick to well-known platforms like Coinbase, Kraken, Binance (if available in your country).

Withdraw When Not Trading: "Not your keys, not your coins."

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๐Ÿงฑ 7. Understand Smart Contracts

Be Cautious with DApps: Read contract audits and reviews.

Avoid Giving Unlimited Token Approvals: Limit permissions in your wallet.

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๐Ÿ”„ 8. Keep Software Up to Date

Wallets, Browsers, OS: Security patches fix vulnerabilities.

Use Trusted Sources Only: Download software from official websites.