#CryptoSecurity101

Cryptocurrency offers financial freedom, borderless transactions, and the promise of decentralization — but it also comes with significant risks. From wallet hacks to phishing scams, the digital asset space can be a minefield for the unprepared.

Welcome to #CryptoSecurity101 — your essential guide to understanding and practicing basic crypto security.

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Why Crypto Security Matters

Unlike traditional banking systems, cryptocurrencies operate on decentralized networks. That means if your crypto is stolen, there’s often no way to recover it. Your private keys are your responsibility, and so is your security.

Without proper precautions, you could fall victim to:

Phishing scams

Exchange hacks

Malware/keyloggers

Rug pulls and fraudulent tokens

Loss of private keys or seed phrases

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The Basics of Staying Safe

1. Secure Your Wallet

There are two main types of wallets: hot wallets (connected to the internet) and cold wallets (offline). Use cold wallets like hardware wallets (e.g., Ledger, Trezor) for long-term storage.

> Tip: Never store large amounts of crypto on exchanges. Exchanges can be hacked or go bankrupt.

2. Protect Your Private Keys & Seed Phrase

Your private key or seed phrase is the master key to your funds. If someone gets access to it, they can drain your wallet.

Write it down and store it offline in a secure place.

Never share it online, even with people who claim to be “support staff.”

3. Use Two-Factor Authentication (2FA)

Enable 2FA on all crypto accounts (wallets, exchanges, apps). Use an app like Google Authenticator or Authy — not SMS-based 2FA, which can be vulnerable to SIM swap attacks.

4. Beware of Scams and Phishing

Double-check website URLs. Fake sites may mimic popular platforms like MetaMask, Coinbase, or Binance to trick users into entering credentials.

> Pro Tip: Bookmark your commonly used crypto sites and always use those links.

5. Keep Software Up to Date

Always keep your wallet apps, antivirus software, and browser extensions updated.