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Topic: Is wallet security important to use? (Read 28216 times)

full member
Activity: 226
Merit: 102
February 12, 2021, 04:08:33 PM
Those wallets that are most used are secure. It is insecure to hold crypto or money on stock market for crypto as they are often hacked.
sr. member
Activity: 728
Merit: 317
Crypto Casino & Sportsbook
February 12, 2021, 03:56:03 PM
Security of wallets is MUST HAVE for every trader! The more secure your portfolio, the more calmly you feel in yourself and not emote that some hacker can get all your hard-earned possessions. So it’s better to well-protect your wallet than to hesitate.
full member
Activity: 1204
Merit: 104
February 02, 2021, 09:52:02 AM
We rarely think about the security of our much-needed accounts.  I feel comfortable writing down on paper or storing information on the Internet.  I think a strong hardware wallet is needed when it comes to protection.
In any case, to buy a hardware wallet, you need a lot of money, and given the small solvency of a simple cryptocurrency user, you have to look for other ways to protect your assets. In this situation, you will need to think about the security of your accounts, as well as your phone number, where everything is very often connected.
full member
Activity: 1093
Merit: 103
February 11, 2021, 08:23:15 AM
Securing the private keys and pass phrases into a safe place whether it's a soft or hard copy is essential for our assets will be secured from theft and intrusions. Awareness from phishing links and scam airdrops that requires pass phrases to claim the rewards are highly be not to be patronized and stay away. Only import pass phrases on trusted wallets to avoid from being hacked.
Generally, when it comes to the security of their personal assets, the security of the wallet should attract particular attention to the user. It is necessary by any means to block the leakage of all data to the Internet. And the best thing is to Save all passwords and secret keys in a paper version.
newbie
Activity: 23
Merit: 9
February 09, 2021, 10:05:02 AM
Sure digital wallets must be secure enough to give thieves no opportunity to hack coins. But I’ve read some stories about owners of digital wallets who forgot their passwords, lost private keys and no one can help them to break into their wallets. Just think about this: it’s easier for hackers to break in the exchange data base and to hack thousands of coins from cryptomarket than to enter your privet wallet.
sr. member
Activity: 1750
Merit: 267
February 02, 2021, 09:02:56 AM
We rarely think about the security of our much-needed accounts.  I feel comfortable writing down on paper or storing information on the Internet.  I think a strong hardware wallet is needed when it comes to protection.
legendary
Activity: 2184
Merit: 1012
February 01, 2021, 06:25:30 PM
In any case, a cryptocurrency wallet that a person can use in everyday life should not only be protected, but also very easy to manage. Assuming that cryptocurrency will soon be massively used as a means of payment, the ease of use of a wallet will be one of the most important determining factors.
Well, I think even though cryptocurrency is not used everyday, managing or using a wallet should be easy but still, high security is mandatory to apply. So far I personally have never found a wallet that is difficult to manage or use so that in that way, a cryptocurrency wallet can be said to be friendly to use in all circles. Regarding security, I think it depends on the user himself, because even if the developer provides a secure wallet but if the user is not caring or careless, I think it will still make it insecure.
It all depends on the amount you are operating on, because if the amount is significant enough, it is better to be safe and sacrifice convenience for the sake of security. You can also divide the capital into parts and, accordingly, each part has its own level of security. The best and safest thing in this situation is to use a hardware wallet or a separate computer for operations with cryptocurrency and of course hide backups and passwords in different places.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
February 01, 2021, 06:00:02 PM
wallet security is very important, for example you don't just need to use a password. you need to use pharphrase or 2FA codes it will be better for now than you have to risk just using a password

Password is just enough if you do know how to put up a strong one and on how you do protect yourself on possible breaches or hacking incident that would

really compromise the safety of those keys or passwords.So this will always depend on someones common sense and awareness on how they should secure things up.
Wallet security is important to use because if you dont set it up then you are just like on letting those scammers stole all of your money easily.
full member
Activity: 827
Merit: 100
February 01, 2021, 05:24:44 PM
wallet security is very important, for example you don't just need to use a password. you need to use pharphrase or 2FA codes it will be better for now than you have to risk just using a password
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
February 01, 2021, 01:43:52 PM
In any case, a cryptocurrency wallet that a person can use in everyday life should not only be protected, but also very easy to manage. Assuming that cryptocurrency will soon be massively used as a means of payment, the ease of use of a wallet will be one of the most important determining factors.
Well, I think even though cryptocurrency is not used everyday, managing or using a wallet should be easy but still, high security is mandatory to apply. So far I personally have never found a wallet that is difficult to manage or use so that in that way, a cryptocurrency wallet can be said to be friendly to use in all circles. Regarding security, I think it depends on the user himself, because even if the developer provides a secure wallet but if the user is not caring or careless, I think it will still make it insecure.
full member
Activity: 714
Merit: 104
February 01, 2021, 08:46:16 AM
In any case, a cryptocurrency wallet that a person can use in everyday life should not only be protected, but also very easy to manage. Assuming that cryptocurrency will soon be massively used as a means of payment, the ease of use of a wallet will be one of the most important determining factors.
newbie
Activity: 14
Merit: 0
February 01, 2021, 02:35:21 AM
Kcash wallet is still reliable. Kcash digital wallet is currently the wallet with the most functions, supports multi-chain and will have a great breakthrough in cross-chain. The wallet uses triple encryption, white box encryption, HMAC-SHA-256, 40,000 hashes, algorithm cutting, block storage, and shell protection (7-fold core security mechanism) encryption technology Kcash wallet is still reliable. Kcash digital wallet is currently the wallet with the most functions, supports multi-chain and will have a great breakthrough in cross-chain. The wallet uses triple encryption, white box encryption, HMAC-SHA-256, 40,000 hashes, algorithm cutting, block storage, and shell protection (7-core security mechanism) encryption technology.
full member
Activity: 224
Merit: 100
https://eloncity.io
February 01, 2021, 01:43:44 AM
Are you fine to leave your funds in a crypto wallet if you don't guarantee its security is adequate? Of course not. Without a useful security feature in a crypto wallet, it will be vulnerable for hackers to lose all of your funds. Hence, wallet security is essential for you to ensure that your funds are safe and sound in the long term.
even your wallet is secure you still can loose your funds  and it's avaliable for hackers
full member
Activity: 224
Merit: 100
https://eloncity.io
February 01, 2021, 12:57:36 AM
what calls wallet security 2 factors identification
member
Activity: 1120
Merit: 68
January 27, 2021, 07:47:15 AM
Are you fine to leave your funds in a crypto wallet if you don't guarantee its security is adequate? Of course not. Without a useful security feature in a crypto wallet, it will be vulnerable for hackers to lose all of your funds. Hence, wallet security is essential for you to ensure that your funds are safe and sound in the long term.
sr. member
Activity: 1666
Merit: 268
January 26, 2021, 10:06:47 AM
Of course, it is very important, so that the wallet is protected from hackers, a good security system is needed. Because without a good security
system, it's very easy for hackers to steal coins from our wallets. So it's no wonder that nowadays all wallets enforce 2FA via e-mail, google
authenticator and phone SMS. So if there are people who underestimate wallet security, I make sure that person is a newbie. Or indeed people
who have not been victims of hackers.
sr. member
Activity: 840
Merit: 255
SportsIcon - Connect With Your Sports Heroes
January 26, 2021, 09:39:39 AM
Continuously be watchful and alarm, Since i am in cryptoworld also lost some coins for negligence.Dont save key on device and online, Always enable Two factor authentication. A few individuals can truly be remiss securing their private key, overlooking that, that's all a individual needs. It is best practice to put key in hardware at different places where only you can access. Never trust any link and don’t open on device because it may affect your wallet.
member
Activity: 2044
Merit: 16
January 26, 2021, 06:54:50 AM
Securing the private keys and pass phrases into a safe place whether it's a soft or hard copy is essential for our assets will be secured from theft and intrusions. Awareness from phishing links and scam airdrops that requires pass phrases to claim the rewards are highly be not to be patronized and stay away. Only import pass phrases on trusted wallets to avoid from being hacked.
newbie
Activity: 1
Merit: 0
January 26, 2021, 06:45:04 AM
Yes, security is an issue to always have in mind 
newbie
Activity: 3
Merit: 0
March 21, 2019, 05:26:45 PM
You should always have security concerns ..
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