Hot wallets are a great way to store and manage your cryptocurrency, but they can also be vulnerable to hackers and other malicious actors. If you’re using a hot wallet, it’s important to take steps to keep your funds safe. Here are some simple tips to keep your hot wallets safe if you’re using the browser extensions.
1. Use a strong password: The first and most important step to keeping your hot wallet safe is to use a strong password. Make sure your password is at least 8 characters long and includes a combination of upper and lowercase letters, numbers, and symbols. Avoid using common words or phrases, and don’t use the same password for multiple accounts.
2. Enable two-factor authentication: Two-factor authentication (2FA) adds an extra layer of security to your hot wallet. With 2FA enabled, you’ll need to enter a code sent to your phone or email address in addition to your password in order to access your wallet. This makes it much harder for hackers to gain access to your funds.
3. Keep your browser up to date: Make sure you’re using the latest version of your browser and that all security patches are installed. Outdated browsers can be vulnerable to security exploits, so it’s important to keep them up to date.
4. Use a secure connection: Whenever possible, use a secure connection (HTTPS) when accessing your hot wallet. This will help protect your data from being intercepted by malicious actors.
5. Monitor your wallet activity: Regularly monitor your wallet activity to make sure there are no suspicious transactions. If you notice anything out of the ordinary, contact your wallet provider immediately.
By following these simple tips, you can help keep your hot wallet safe and secure. Remember, the best way to protect your funds is to use a combination of hot and cold wallets. This will help ensure that your funds are always safe and secure.
28 thoughts on “Simple Strategies for Securing Your Hot Wallets When Using Browser Extensions”
Thanks OP, if I want to interact I’ll always user a burner wallet for safety … expensive though
I appreciate the tip!
Thanks O.P , i would like to add something
• Install ‘ **Privacy Badger** ‘ extension
5. Stop with the sketchy porn sites
>First and foremost, install uBlock Origin.
Definitely not cool, browser extension wallets are all not cool in general
Solid tips, thanks OP 🤜🤛
Very informative this is a post i will save
Always appreciate the Adblock tips. Thank you
Probably guys need to use a cold wallet for more convenience
Bottom portion is the most crucial piece of advice. Very few people are truly hacked, 90-95% are phished. Watch what you click.
Also make sure you’re the only one in the room.
Preordered the Ledger Stax today – design looks tight
Why would having other tabs open result in being compromised? Just wondering, thx!
Most browser wallets and browser extension wallets support hw-wallets – always using it protected me from the MyAlgo hack recently. But it won’t protect you from user error.
Number 3 is a must. It adds and extra layer of protection.
Welcome to that unlucky 5-10% friend, you’ll get it back
Just saved this post to check what things I missed out
Also these tips are crucial:
5. Revoke contracts from time to time
6. Disconnect all sites
Or use a browser just for crypto. There are many browser, many of them are good. Opera, Firefox, Chrome, Brave and Edge. You can one installed only for your crypto uses and even in those you can have different profiles
5- Don’t tell anyone you have crypto.
Use brave browser and done
you can run a guest session on your browswer for crypto. thats a great way to keep everything seperate too
And use a ledger
Treat everything as a scam until it is proven not to be!
Thanks for the advice. So much to learn, when it comes to keeping your crypto safe.
Thanks for the tip!! I was once dumb and I use only 1 wallet for everything and the wallet connected to 10-20 sites at one time and I never revoke access!
There is no need to be THAT paranoid. Nothing happened to you, good for you, but this is not due to these practices.
I have not been hacked either, yet the only rule we have in common is the first.
Your password cant be stolen those ways, no transaction is going to be made without your consent either, and your computer is much more likely to get hacked by warez_pron_latestTvShow.exe than by just browsing with 200 tabs.
The important points are to revoke access and never giving unlimited access to a smart contract / app, since if it gets hacked, it is going to be ugly.
Note that metamask lists which website you are connected, and you can disconnect from there too.
Just out of curiosity, how does the U block extension compare with the ad blocking/privacy of using Brave Browser or something similar?
Great post OP! Can’t take security lightly. 🤙