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As the cryptocurrency market continues to grow, it is important to ensure that your digital assets are secure. One of the most important steps to take is to protect your seed phrase. A seed phrase, also known as a recovery phrase or backup phrase, is a set of words that can be used to restore your wallet if it is lost or stolen. Here are 10 tips to help you secure your seed phrase and protect your crypto.
1. Write it down: The most important thing to do is to write down your seed phrase and store it in a safe place. Make sure to use a pen and paper, as digital copies can be easily hacked.
2. Store it securely: Once you have written down your seed phrase, make sure to store it in a secure location. Consider using a fireproof safe or a safety deposit box.
3. Don’t share it: Never share your seed phrase with anyone, even if they claim to be from your wallet provider.
4. Don’t store it online: Never store your seed phrase online, as this can be easily hacked.
5. Use a password manager: Consider using a password manager to store your seed phrase. This will help keep it secure and encrypted.
6. Use two-factor authentication: Make sure to enable two-factor authentication on your wallet. This will add an extra layer of security to your account.
7. Use a hardware wallet: Consider using a hardware wallet to store your seed phrase. This will help keep it secure and offline.
8. Use a cold storage wallet: Cold storage wallets are a great way to store your seed phrase securely. These wallets are not connected to the internet, so they are less vulnerable to hacking.
9. Use a paper wallet: Paper wallets are a great way to store your seed phrase securely. These wallets are printed on paper and can be stored in a safe place.
10. Use a secure messaging app: Consider using a secure messaging app to store your seed phrase. This will help keep it secure and encrypted.
By following these tips, you can ensure that your seed phrase is secure and your crypto is protected. Remember, your seed phrase is the key to your wallet, so it is important to take the necessary steps to keep it safe.
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10th is an interesting point
Also get a hardware wallet if you have a big sum of crypto
This are the 10 commandments of your crypto wallet!
Actually, the pan and paper advice is a no brainer.
Good read, OP. I didn’t know about #10. Thanks!
Depending how paranoid youre feeling..Instead of #10 you could get a decoy wallet with a small amount in, to give
Engraving the phrase into steel is complete overkill, IMO. There’s nothing wrong with pen and paper.
Even if you think you will never fall to those scams online and you’re just too smart for it, still be secure as possible. Don’t be lazy and dedicate 30 mins of your time for your security. We’re all humans and we all do mistakes, it’s better to be safe than sorry.
The 10 th one is a unique as well as a good one.
You could pin this to the sub, or post it five times a day, and you’ll still have a weekly post saying “wallet got drained, is my crypto gone?”, with OP saying that his seed phrase was stored on his Notes app or something similar
Write it on paper with the permanent marker, perhaps laminate it and store it in a safe place.
No need to over complicate things.
The weakest link of Defi is always the one using it tbh. We need to get this post pinned, especially in a bullrun where new folks enter markets.
Engraving into metal seems a really nice idea! You do you get it done??
Never buy cold wallets from 3rd party resellers because they might be compromised. Also never use a prewritten set of 24 seed phrase words on a piece of paper you might find in the box of a cold wallet. That’s a 100% sign that it is a scam.
I would also add that I prefer open source cold wallets.
Do not tell anyone even your family about owning a seed phrase.
I particularly like the rule number 7.
Just repeat the memorized words twice a week.
11. Use commonsense
Now replace “seed phrase” with “penis” and surprisingly most of these still work
Nom 10 – I had no idea you could add a word to your passphrase! Or did I read that wrong lol
Do you want your crypto to go with you to the grave ?
Leave some instructions on where the seed is to your wife boyfriend
Never tattoo your seed on your body. A… uhm friend did that and he now regrets it.
Point# 10 is my point of focus as well. It’s interesting that I was not aware of it previously.
Nice post
Just lose it. 😎
Losing your seed phrase = losing your crypto and getting fucked.
Everyone should have that clear and secure their seed as if it was the holy grail
Use a Passphrase is something new for us to learn. Nice.
Crypto seeds are meant to be planted in the ground yes?
Steel stuff is excessive, but the rest I agree with.
I would also have: ‘Never keep it digital at all’. One I abide by. More important than the steel bollocks.
Stay safe everyone
Stamp your seed into metal to protect from fire and water damage
I know these kind of guides are repetitive to the OG’s but it’s very helpful for newbies and a great reminder for advanced users as well.
From the pov of a paranoid individual when it comes to seed phrases, this is one of the most helpful posts on the matter
Don’t get too creative is the big one. You always hear about people that decide to split their seed phrase into three parts and hide them in three separate locations. Keep it simple stupid!
Newbies to crypto are really naive when it comes to seed phrases. I’ve come across more than one collectible avatar user since gen 1 who lost the ability to sell their stuff because they uninstalled the Reddit app without making a note of the vault phrase. They thought they could just reinstall the app, login with their Reddit username/password and everything would be as it was before.
Protecting Seed Phrase for long term is even more challenging than Holding Crypto.
If you lose your Seed Phrase you lose your Coins.
Remember seedphrase, get kidnapped and tortured for it.
Practice safe CEX everyone. Protect your seeds.
11 Always test your seed phrase to ensure that you have written it down correctly.
1 write my Reddit seed phrase on a paper and I leave it in the desk, 1 or 2 month after I found that paper on the table with grocery list on it for my wife 🤦 .
Don’t be me hide it better
I minted my seed phrase as an nft for extra precaution
Getting a lot of scams lately also!
This one simple trick that pig butchers hate: Don’t tell anybody that you own crypto.
Write them down and put them out of order but an order u can remember. 1-12 with like your ss number starting for example. That way you can keep them physically but if found won’t work either
Yup protect it like my social security ; either way someone gets it your losing all your shit .
Point no.11- Make sure you don’t forget the safe place where you hide the seed phrase.