#CryptoSecurity101 Multisignature (multisig) wallets add an extra layer of crypto security. Unlike standard wallets, multisig requires multiple private keys to authorize a transaction, reducing the risk of single-point failures. For example, a 2-of-3 multisig setup needs two out of three keys to approve transfers. This is ideal for shared accounts, businesses, or high-value holdings. Set up multisig with trusted parties or distribute keys across secure locations, like hardware wallets and offline storage. Ensure your seed phrases are backed up safely. While multisig adds complexity, it significantly lowers the risk of theft or loss. Research compatible wallets and test small transactions first. Embrace multisig to fortify your crypto assets against evolving threats.