How to use decentralized wallets and avoid risks
Non-custodial wallets, like MetaMask, Trust Wallet, and Ledger, allow you to manage your cryptocurrencies without intermediaries. This gives you greater control, but it also entails greater responsibility.
Key tips for using them safely:
Keep your seed phrase secure: Never share it or store it online. Write it down on paper and keep it in a safe place.
Verify contract addresses: Before connecting your wallet to a DApp, check that the contract is legitimate.
Enable security measures: Some wallets allow you to set up an additional password or two-factor authentication.
Use hardware wallets for large amounts: If you have a significant investment, a cold wallet like Ledger or Trezor is the safest option.
In the crypto world, you are your own bank. Security should be your priority!