Always back up your wallet. If you go with a hardware wallet like a trezor, set up your recovery phrase from the get-go and then write it down. Once written down, keep it somewhere safe and tell maybe only one other person of confidence. Alternatively, if you have a software wallet, make sure you opt for a wallet that allows you to store your own private keys. Wallets like jaxx or samourai will let you do this and like the trezor, allow you to create a recovery phrase as well. The trick is being responsible. There is a higher chance of you losing your recovery phrase than someone stealing it.
As far as keyloggers--you can DL anti-keylogger software on your computer. And of course, always engage in safe web-browsing practices.
Topic: Wallet security settings (Read 169 times)
The private keys that are necessary for accessing a Bitcoin address are stored on a “bitcoin wallet.” In general, wallets grant you access to your public Bitcoin address and allow you to sign off on transactions, but they differ based on how you choose to access them. Factors to consider when choosing the best bitcoin wallet for you include security, anonymity and control.You The private keys that are necessary for accessing a Bitcoin address are stored on a “bitcoin wallet.” In general, wallets grant you access to your public Bitcoin address and allow you to sign off on transactions, but they differ based on how you choose to access them. Factors to consider when choosing the best bitcoin wallet for you include security, anonymity and control. Enable two factor authentication (2FA) if your wallet allows for it. 2FA is simply a double authentication of who you are. 2FA Authentication can be done in different ways – Google Authenticator app uses a 6 digit code which is changing minute by minute and is unique to you.
Hello everyone.
I would like to know how to secure my wallet. Could you share some best practices?
Thanks!
You can secure your wallet many ways like save your private key ,download your backup wallet file,save paper wallet key.Now most of the people lost their asset or hack only for click phising site and give here important private key.If you use destop wallet first download your backup wallet and save it your google drive or any secuire place on your destop or pendrive and last you can print your paper wallet key I would like to know how to secure my wallet. Could you share some best practices?
Thanks!
Hey guys. Thank you so much for all your replies. I really appreciate it.
Even if I save my pass somewhere safe and keep parts of it in different places, I'll still have to type it sometimes. How do I avoid keyloggers or how do I detect them on my PC?
The first step is to don't get infected in the first place. Don't download untrusted files and use your antivirus to check for malwares from time to time.Even if I save my pass somewhere safe and keep parts of it in different places, I'll still have to type it sometimes. How do I avoid keyloggers or how do I detect them on my PC?
I would also recommend you to use your OS virtual keyboard[1] to type the password.
Hi TryNinja. Thank you so much for your reply. You're right, I totally forgot about my OS virtual keyboard. That should work nicely. Thanks!
Hey guys. Thank you so much for all your replies. I really appreciate it.
Even if I save my pass somewhere safe and keep parts of it in different places, I'll still have to type it sometimes. How do I avoid keyloggers or how do I detect them on my PC?
The first step is: don't get infected in the first place. Don't download untrusted files and use your antivirus to check for malwares from time to time.Even if I save my pass somewhere safe and keep parts of it in different places, I'll still have to type it sometimes. How do I avoid keyloggers or how do I detect them on my PC?
I would also recommend you to use your OS virtual keyboard to type the password.
Hey guys. Thank you so much for all your replies. I really appreciate it.
Even if I save my pass somewhere safe and keep parts of it in different places, I'll still have to type it sometimes. How do I avoid keyloggers or how do I detect them on my PC?
Even if I save my pass somewhere safe and keep parts of it in different places, I'll still have to type it sometimes. How do I avoid keyloggers or how do I detect them on my PC?
If you are holding your wallet on the web then no matter what kind of precautions you are taking, you are still in the danger. The best way is to hold your wallet/private keys in offline manner.
Paper wallet generated in a secure manner along with backup copies is the cheapest way to hold your funds and if you are expecting more user friendly option then any reputed hardware wallet like Trezor would work for you.
Paper wallet generated in a secure manner along with backup copies is the cheapest way to hold your funds and if you are expecting more user friendly option then any reputed hardware wallet like Trezor would work for you.
2FAC is a great way to secure your wallet. I suggest keeping saving your keystore and your password save in multiple locations. You don't it to get locked and lost. Also I have my keystore saved in a private location and the password is something I remember. No need to write it down.
Hello everyone.
I would like to know how to secure my wallet. Could you share some best practices?
Thanks!
You can consult my way. With MEW wallet, i use Json + Password to unlock, don't use your Private key, because if you lost Private key, you lost all, avoid using it.I would like to know how to secure my wallet. Could you share some best practices?
Thanks!
Then i split my password to 2 part: a half i save in a notepad file and a half i remember. So when logging in i copy a half and type a half.
With other wallet, if it have 2FA authenication, you must use it
One of the most safest methods you're going to get is to just straight out purchase a hardware wallet, preferably a Trezor[1] or a Ledger Nano S[2]. Sure it might be costly for some people, but better safe than sorry. And as always, whatever wallet you're using, it's always best to write down your recovery seed on pieces of papers(non-digitally).
When using a desktop/mobile wallet though, make sure you're device isn't compromised, and that you're seed is not stored on a sort of .txt file or a note app.
[1] https://trezor.io/
[2] https://ledgerwallet.com/
When using a desktop/mobile wallet though, make sure you're device isn't compromised, and that you're seed is not stored on a sort of .txt file or a note app.
[1] https://trezor.io/
[2] https://ledgerwallet.com/
Keeping your funds safe starts with using a good wallet. The most unsafe are web/hosted wallets so don't ever use it especially if you're gonna store a huge amount of money.
You can find more about wallet types and some best practices in this thread: https://bitcointalksearch.org/topic/general-bitcoin-wallets-which-what-why-1631151
You can find more about wallet types and some best practices in this thread: https://bitcointalksearch.org/topic/general-bitcoin-wallets-which-what-why-1631151
Hello everyone.
I would like to know how to secure my wallet. Could you share some best practices?
Thanks!
First of all what type of wallet are you using? If you are using web wallet, follow LADIDAZ's tip to strengthen your password. If your wallet is a desktop wallet, install a good antivirus and always be careful on what you click on the internet, better yet use another desktop for daily use. If it is a hardware wallet, then you are good to go since it is already secure. You can also follow the tip of LADIDAZ to create an offline wallet. I would like to know how to secure my wallet. Could you share some best practices?
Thanks!
Choose a long password with numbers, capitals and special characters so that your password can't be brute forced. You can make an offline wallet by creating a wallet on a webpage while your computer is offline and print out your seed and private key. Offline wallets are safer. An offline wallet means than nobody can hack your wallet unless they have your private seed.
Hello everyone.
I would like to know how to secure my wallet. Could you share some best practices?
Thanks!
I would like to know how to secure my wallet. Could you share some best practices?
Thanks!
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