#CryptoSecurity101
🔐 Crypto Trading Fundamentals Deep Dive: #CryptoSecurity101
In crypto, you are your own bank—which means security isn’t optional, it’s essential. Knowing how to protect your assets is just as important as knowing how to trade.
💼 Hot Wallets vs Cold Wallets
🔥 Hot Wallets = Connected to the internet (e.g. MetaMask, Trust Wallet)
✅ Convenient for frequent trading
⚠️ More vulnerable to hacks and phishing
🧊 Cold Wallets = Offline storage (e.g. Ledger, Trezor)
✅ Maximum security for long-term holdings
⚠️ Less convenient for daily use
💡 I use a mix:
• Hot wallet for small, active trades and DeFi
• Cold wallet for larger, long-term holdings I don’t touch often
🛡 My Crypto Security Best Practices:
✅ Never share your private keys or seed phrase—not even with support teams
✅ Use hardware wallets for long-term storage
✅ Always double-check URLs to avoid phishing scams
✅ Enable 2FA (Two-Factor Authentication) on all exchange accounts
✅ Use a password manager to generate and store strong, unique passwords
✅ Keep software and wallets updated regularly
⚠️ One Mistake I Learned From:
I once approved a rogue smart contract without checking it—thankfully, it was a test wallet. Now I always review permissions using tools like Revoke.cash.
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#StaySAFU #CryptoSecurity #WalletSafety #PrivateKeys #ColdWallets #CryptoBasics #BinanceTasks