Simple Steps to Keep Your Crypto Safe: A Quick Guide for Beginners

Simple Steps To Keep Your Crypto Safe

Cryptocurrencies are hot, but so are the risks that come with them. Don’t worry, though – securing your digital assets doesn’t have to be rocket science.

Embark on the journey to secure your digital assets with DexWallet, an advanced solution within the DexAppBuilder platform by DexKit. Before diving into the comprehensive guide on keeping your crypto safe, explore here DexWallet and other exciting features of DexAppBuilder to elevate your DApp development for Web3.

Now, let’s break down in this quick guide the essentials to ensure your crypto stays safe and sound:
Hacker in action
There are many negative actors roaming the internet, especially on financial platforms, hence the importance of staying safe.

1. Lock Down Your Password

Your password is your crypto’s first line of defense. Keep it strong by mixing uppercase and lowercase letters, numbers, and symbols. Avoid using easy-to-guess info like your name or birthday. Tip: Let a reliable password manager handle the heavy lifting for you securely.

2. Double the Security Fun with 2FA:

Two-factor authentication (2FA) adds an extra layer of protection. It’s like having a secret handshake to keep out unwanted guests. Receive this code on your phone or email, and you’re good to go – you’ll enhance your security. We recommend Aegis for 2FA management. It’s open source and heavily secure.

3. Keep Things Updated:

Think of your crypto wallets like superhero suits – they need regular upgrades. Keep your software up-to-date to patch up any potential holes. It’s like putting on the latest, shiniest armor against digital baddies.

4. Stay Private with a VPN:

Want to go incognito online? A Virtual Private Network (VPN) encrypts your activity, making it invisible to prying eyes. It’s like wearing an invisibility cloak for your crypto adventures (ProtonVPN and Windscribe are incredible options).

5. Pick the Right Wallet:

Choosing a wallet is like finding a trustworthy sidekick. Go for well-known wallets, with a solid reputation. Look for features like extra layers of protection (multi-signature authentication) and a secret lair (cold storage options).

We recommend creating your very own crypto wallet with DexWallet attaching your email address to it, so you will have control over your assets all the time.

6. Keep Your Secrets Secret:

Public Wi-Fi is like a trap set by villains. Steer clear unless you’ve got your VPN on. Remember to share sensitive info only with trusted individuals and use only well-known VPN services.

7. Watch for Sneaky Phish:

Phishing scams, like cat burglars in disguise, attempt to trick you into divulging sensitive information, like usernames, passwords, and credit card details. Always double-check before handing over your info. If it smells fishy, it probably is.

8. Freeze Your Assets in Cold Storage:

Think of cold storage as putting your crypto on ice – it’s safe from online threats. Use a hardware wallet, and you’ll be like Fort Knox for digital currency. Trezor, Ledger and even metal cold wallets are the best picks if you want to store your treasure chest.

9. Backup Plans with a Seed Phrase:

Forget your password? No worries – the seed phrase is your backup plan. Keep it as secure as a hidden treasure map. Maybe in a safe or a top-secret location.

10. Chat Privately with Encryption:

When discussing secret plans (or crypto), use encrypted messaging platforms. It’s like having a secret language only you and your trusted allies understand. Some examples are Keybase, Signal, Session, and yes, even WhatsApp provides encryption for your chats.

11. Check in on Your Crypto:

Give your crypto a regular check-up. Any weird activity? Change your password and activate 2FA soon. It’s like a superhero health check for your digital assets.

You can even also revoke old permissions in your wallet using Revoke service. This will help you to keep your wallets even safer without old / deprecated / suspicious authorizations.

12. Play Defense with Regular Audits:

Do a security audit now and then – it’s like tightening the screws on your superhero suit. Fix any weak spots before they become entry points for super-villains.

And there you have it – 12 simple steps to keep your crypto safe and sound. Now go out there and be the superhero your digital assets deserve! 🦸‍♂️🦸‍♀️

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