Crypto Wallet Security
Securing your crypto is non-negotiable. Once lost or stolen, it is gone forever.
Types of Wallets
Hot Wallets (Online)
- MetaMask, Trust Wallet, Phantom
- Connected to internet
- Convenient for trading
- Higher risk of hacking
Cold Wallets (Offline)
- Ledger, Trezor hardware wallets
- Not connected to internet
- Most secure for storage
- Less convenient for trading
Exchange Wallets
- Funds on exchange
- Exchange controls keys
- Convenient but risky
- Not your keys, not your crypto
Seed Phrase Security
What is a Seed Phrase?
- 12 or 24 word recovery phrase
- Generates all your private keys
- Anyone with it controls your funds
Protection Rules
- Write on paper or metal plate
- NEVER store digitally (no photos, no cloud)
- NEVER share with anyone
- Store in multiple secure locations
- Consider a safety deposit box
Common Attack Vectors
Phishing
- Fake websites that look real
- Scam emails asking for keys
- Always verify URLs manually
Social Engineering
- Fake support agents
- Telegram/Discord scams
- Nobody legit asks for your keys
Malware
- Clipboard hijackers change addresses
- Always verify send address
- Use antivirus software
Best Practices
- Use hardware wallet for significant amounts
- Keep only trading funds on exchanges
- Enable all security features
- Verify addresses character by character
- Test with small amounts first
- Have a backup and recovery plan