#CryptoSecurity101
Stay Safe in the World of Web3 🛡️
In crypto, security isn't optional — it's essential. With full control comes full responsibility. Understanding wallet types and securing your assets is the first step to long-term success in Web3.
👜 Hot vs Cold Wallets:
Hot Wallets (e.g., mobile or web wallets) are connected to the internet and great for quick access and daily trades — but more vulnerable to hacks.
Cold Wallets (e.g., hardware wallets or paper wallets) are offline and ideal for long-term storage of larger amounts.
🔄 Personally, I use a mix of both:
Hot wallets for small, frequent trades and cold wallets for HODLing and long-term holdings.
🔒 My Security Best Practices:
Enable 2FA on all exchange and wallet accounts.
Never share your seed phrase — not even with “support” agents.
Use a hardware wallet for significant holdings.
Regularly update software and be cautious with wallet extensions or dApps.
Double-check URLs and avoid phishing sites. Bookmark trusted platforms.
💡 In crypto, you are your own bank. One mistake can cost you everything — so take security seriously from Day 1.
What’s your go-to method for keeping your assets safe? Let’s share and learn together. 🙌
#CryptoSecurity101 #BinanceSquare