#CryptoSecurity101

šŸ” #CryptoSecurity101: Protecting Your Digital Assets

1. Use a Secure Wallet

• Hardware Wallet (cold storage): Best for long-term holdings (e.g., Ledger, Trezor).

• Software Wallet (hot wallet): Convenient for frequent transactions but more vulnerable to hacks (e.g., MetaMask, Trust Wallet).

• Never store large amounts on exchanges.

2. Protect Your Private Keys

• Your private key or seed phrase gives full access to your funds.

• NEVER share it with anyone.

• Write it down offline and store in a safe place. Avoid digital storage (e.g., screenshots, cloud services).

3. Enable 2FA (Two-Factor Authentication)

• Always use Google Authenticator or Authy (avoid SMS-based 2FA which is vulnerable to SIM swapping).

• Secure your email and exchange accounts with strong passwords and 2FA.

4. Beware of Phishing Scams

• Never click on suspicious links or download unknown files.

• Double-check URLs — scammers often mimic exchange or wallet websites.

• Bookmark trusted sites and access them only from bookmarks.

5. Keep Software Up to Date

• Regularly update your wallet apps, browser extensions, and firmware on your hardware wallets.

• Updates often fix vulnerabilities.

6. Avoid Public Wi-Fi

• Don’t access your crypto accounts on unsecured or public Wi-Fi.

• Use a VPN for extra protection.

7. Use Reputable Projects

• Do due diligence before investing in or interacting with new tokens or protocols.

• Watch out for rug pulls, fake airdrops, and pump-and-dump schemes.

8. Backup Everything

• Backup your seed phrase and any relevant credentials.

• Consider multiple backups stored in separate secure locations.

9. Watch for Social Engineering

• Scammers often impersonate support agents or influencers.

• No legit service will DM you first or ask for your private key or seed phrase.

10. Plan for the Worst

• Have a crypto inheritance plan (trusted person with access instructions in case something happens to you).