Money Talk

What is the best way to protect your wallet?

Submitted by faizamer, , Thread ID: 91711

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RE: What is the best way to protect your wallet?

#11
Use a local wallet and encrypt with password.

And also make sure that you are virus free.

RE: What is the best way to protect your wallet?

#12
Hmm...i think the best is offline cold storage wallet but you still have to protect it bringing it back online might have to buy the hardware to do it.

RE: What is the best way to protect your wallet?

#13
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RE: What is the best way to protect your wallet?

#14
One of my favorite wallets that I use myself is Paxful.

RE: What is the best way to protect your wallet?

#15
Store your bitcoin in a offline wallet in a secure PC.

RE: What is the best way to protect your wallet?

#16
Have a good antivirus and make sure you dont have any malicious software lurking on your pc

RE: What is the best way to protect your wallet?

#17
I recommend everyone to put their bitcoin onto a trezor or similar device. If possible, put a password on it. Store it in a safe place and write down your backup seed.

Don't connect the device to the internet at all.

RE: What is the best way to protect your wallet?

#18
Hardware wallet + biometric signature lock will be the most secure way.

RE: What is the best way to protect your wallet?

#19
After being over a year and a half into cryptocurrency I moved out from online wallets, bought a 100$ physical wallet which works fine, it has a two step verification alongside 2 pins that you should never forgive. It saves a lot of coins ( the most generic ones like: btc, eth, ltc ... ) and it works like a charm, there is a cloud copy of your wallet and all the information is backed up in case your physical wallet breaks or something you can always restore it with the 12 secret words, the 2 pins and the two step verification. Overall a very secure way to keep your crypto currency from hackers and in general from "internet" afterall you have them physically, just make sure you do not lose the physical wallet / ( pen drive ) . Haha.

RE: What is the best way to protect your wallet?

#20
Well I usually don't use ewallets but when I do, I make sure to always use two-factor authentication and always make a backup of it

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