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How To Secure My Crypto

How To Secure My Crypto​

By understanding the common causes of crypto hacks, users can take proactive steps to enhance their security practices and protect their crypto assets from potential threats. Let us give you some best practices on how to secure your Gem Wallet and your crypto.

Securing Your Device​

  • Use strong and unique passwords on your mobile device that are difficult to guess.
  • Use reputable antivirus and anti-malware software.
  • Avoid public Wi-Fi, prefer using mobile data or a trusted Wi-Fi network.
  • Regularly update your device’s OS to protect against vulnerabilities.
  • Enable Gem Wallet Security to prevent unauthorized access to your funds.

Protecting Your Seed Phrase​

  • Always have a backup of your Secret Recovery Phrase.
  • Write down your seed phrase on paper and store it securely.
  • Do not store your seed phrase digitally to prevent online hacks.
  • Use metal backups like CryptoSteel or Billfodl to engrave your seed phrase.
  • Store multiple copies in different secure locations to mitigate risks.
  • Never share your seed phrase with anyone and be wary of phishing attempts.
  • Periodically verify that your seed phrase storage method is secure.

Safe Online Activities​

  • Be wary of unsolicited emails or messages asking for your private keys or seed phrase.
  • Bookmark official websites and access them through bookmarks rather than clicking on links.
  • Keep your web browser updated to the latest version for improved security features.
  • Adjust privacy settings on social media accounts to limit the amount of personal information.
  • Enable 2FA on social media accounts linked to your crypto activities.
  • Use WalletConnect only for well-established and secure DApps.

User-Centric Practices​

  • Regularly educate yourself about the latest online security threats.
  • Read articles, join forums, and participate in webinars on crypto security.
  • If you are tech-savvy, participate in security audits and bug bounty programs.
  • Keep only a small amount of cryptocurrency in your hot wallet for trading.
  • Use Watch Wallets or Hardware Wallets for added security.

By following these best practices, you can significantly enhance the security of your Gem Wallet and protect your digital assets from potential hacks.