#CryptoSecurity101 Crypto security is critical because unlike banks, there's no recourse if your funds are lost or stolen. Here's a practical, up-to-date guide to staying safe in the crypto world:
š Crypto Security Basics
š”ļø 1. Use a Hardware Wallet
Best protection from online threats (e.g., Ledger, Trezor).
Stores your private keys offline, safe from hackers.
Only sign transactions physically.
š 2. Protect Your Private Keys & Seed Phrase
Never share your seed phrase (even with āsupportā).
Store it offline (e.g., write on paper or metal backup).
Do not take a photo or store it on cloud services.
š 3. Enable 2FA (Two-Factor Authentication)
Always enable 2FA for:
Exchange accounts
Wallets
Email connected to your crypto
Use authenticator apps (e.g., Google Authenticator or Authy), not SMS.
š 4. Watch Out for Phishing Attacks
Donāt click on random crypto links from Discord, Twitter, or email.
Bookmark official exchange and wallet sites.
Double-check URLs for typos (e.g., binanse.com is fake).
ā ļø 5. Smart Contract Risk (DeFi)
Only use audited protocols.
Be cautious of new yield farms or copycat dApps.
Read permissions before approving any token on MetaMask or Phantom.
š¦ 6. Avoid Leaving Funds on Exchanges
Exchanges are prime targets for hacks.
Self-custody your assets when not actively trading.
If you must leave funds, use reputable platforms (e.g., Coinbase, Kraken).
š§āš» 7. Secure Your Devices
Keep your OS, browser, and apps updated.
Install antivirus and firewall software.
Use a VPN when accessing wallets or exchanges.
š 8. Review Token & DApp Permissions
Use tools like:
Etherscan Token Approval Checker
Revoke.cash
Revoke access from old or suspicious dApps.
