Crypto Security Best Practices
Essential security practices every cryptocurrency user should follow.
⚠️ Security First
In crypto, you are your own bank. There's no customer support to recover stolen funds. Security mistakes can result in permanent, total loss.
1. Seed Phrase Security
Your seed phrase is the master key to all your crypto. Protect it above everything else.
✅ Do
- Write it on paper or engrave on metal
- Store in a secure physical location
- Consider multiple backup locations
- Verify backup is correct before funding wallet
❌ Never
- Store digitally (no photos, cloud, notes apps)
- Enter on any website - ever
- Share with anyone
- Store near your hardware wallet
2. Buying Hardware Wallets Safely
Only Buy From Official Sources
- Manufacturer's official website
- Authorized retailers listed on official site
Never Buy From
- Amazon (counterfeits common)
- eBay or second-hand
- Unknown online stores
- Anyone offering "pre-configured" wallets
When You Receive It
- Check tamper-evident packaging is intact
- Device should generate NEW seed - not come with one
- If a seed is included, the device is compromised
3. Software Security
Downloading Wallet Software
- Only download from official manufacturer websites
- Verify you're on the correct URL (check carefully for typos)
- Bookmark official sites
- Never click links in emails or social media
Computer Security
- Keep operating system updated
- Use reputable antivirus software
- Be cautious with browser extensions
- Consider a dedicated device for crypto
4. Transaction Security
Always Verify on Device
Before confirming any transaction, verify on your hardware wallet's screen:
- The receiving address matches what you intended
- The amount is correct
- The network/chain is correct
Address Verification
- Send a small test transaction first
- Double-check the first and last few characters
- Watch for clipboard malware that changes addresses
5. Protecting Against Phishing
Common Phishing Methods
- Fake websites mimicking wallet manufacturers
- Fake support accounts on social media
- Emails claiming security issues
- Fake apps in app stores
Protection
- Manufacturers will NEVER ask for your seed phrase
- No legitimate site needs your full seed phrase online
- Bookmark official sites and use bookmarks only
- Be suspicious of "urgent" security messages
6. Privacy Practices
- Don't discuss your holdings publicly
- Don't share wallet addresses on social media
- Use different addresses for different purposes
- Consider privacy-focused practices
7. Recovery Planning
Plan for Inheritance
- Document how to access your crypto
- Consider trusted family members or lawyers
- Balance security with accessibility for heirs
Backup Verification
- Periodically verify your seed backup is readable
- Consider testing recovery on a spare device
⚠️ Remember
Security is an ongoing practice, not a one-time setup. Stay vigilant, keep learning, and never let your guard down. This is educational content only - we are NOT affiliated with any wallet manufacturer.