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Author Topic: How to ensure the safety of wallet?  (Read 907 times)
pavan@hosur
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July 17, 2018, 03:50:56 PM
 #121

The safety is basically when you own your private keys. If you use hardware wallet your keys are always there. If you use web wallet you don't own them.


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July 17, 2018, 03:53:17 PM
 #122

The safety is basically when you own your private keys. If you use hardware wallet your keys are always there. If you use web wallet you don't own them.

It can't guarantee your amount will be safe, use the hardware wallet will give you the more guarantee for your amount because it will give you the more security. I have used it and i need to do so many verification to access my amount and this is called the safety way to keep our money.

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July 17, 2018, 04:24:16 PM
 #123

the best thing you can do if you plan to invest some serious amount of money in crypto is to buy an hardware one like Ledger, Trezor or CoolWallet S
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July 17, 2018, 04:29:13 PM
 #124

Most people in crypto only use erc20 wallet so i assume you use it aswell, it is better to bookmark Myetherwallet and use the bookmark whenever you want to access it because there's a lot of phising sites, you should check the url again before sending your crypto to make sure you do it right. Most of the problems come from user's fault so if you are careful then you should be fine.

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July 17, 2018, 04:33:36 PM
 #125

I am new one in this market place, so it is important to know the safety issues of the wallet. Please someone help to understand the issues of safety of the market.

If you are looking for safety of your fund in cryptocurrency then I will advise you to buy hardware wallet in order to store your coins. With hardware wallet, your coins are safe from hacked because your private key will not be exposed.

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July 19, 2018, 12:20:33 PM
 #126

I am new one in this market place, so it is important to know the safety issues of the wallet. Please someone help to understand the issues of safety of the market.
You need to verify many factors when accessing your wallet. Do not disclose any confidential information to anyone.
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July 19, 2018, 02:38:53 PM
 #127

To ensure the safety of your wallet, it is wise to find a wallet with security measures beyond the normal wallet providers. Some wallets are now using encryption to protect the private keys. Users should always have at least two digital wallets (or even more, depends on amount of crypto funds). One wallet should be used for trading and transactional purposes, and the other wallet should be used to store savings and be kept in a secure location.
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July 26, 2018, 02:35:31 PM
 #128

Just a simple ways, that is you just You don't give your wallet information to anyone, then use google authenticator to add security to your wallet (you can download it in appstore). there is another way, you can convert your coin to the cold wallet

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July 26, 2018, 02:37:58 PM
 #129

First of all, you need to be mindful of your wallet to keep it safe. We need to think that it can be still be snatched if we do not take care of it properly. Ensuring the safety is simple because it is on the internet. First we need to think of the threats to our wallet that can possibly take away our balances. We need to avoid those threats and simply know what to do if we are affected by one. We also need to be mindful where we keep our personal passwords and private keys.
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July 26, 2018, 03:30:07 PM
 #130

to ensure the safety of your wallet, you must keep your password secret, never give your private key to any third party, and make sure you keep your recovery keep as a secret to prevent unauthorised entry into your wallet. You must make sure your entries into your wallet is very personal and secure never give out your private key

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July 27, 2018, 04:33:05 PM
 #131

It calculates on classification of the pocketbook. The not a good away protected ones are shop notecase, ilk Electrum, so you can similarly let a paper pocketbook.
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July 27, 2018, 04:43:36 PM
 #132

 This is my view, ensuring the safety of a wallet all depends on the individual using the wallet. There are precautionary measures put in place to make sure wallet are safe for use. such as keeping your private keys in a safe place, and not dropping your wallet carelessly
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July 28, 2018, 02:41:05 PM
 #133

To ensure the safety of the wallet you must know if the company is trustworthy enough to handle the security of their business to ensure you guys that you are in the safe zone in this kind of business.
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July 28, 2018, 04:52:59 PM
 #134

I am new one in this market place, so it is important to know the safety issues of the wallet. Please someone help to understand the issues of safety of the market.
The current Crypto market is a great food for many hackers. System security is too bad to make good hackers. I feel we should not put too much money on a trading floor. Buy a cool purse, Ledger Nano S. That wallet has very good security and has never been compromised.

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July 30, 2018, 12:33:30 PM
 #135

The best way for you to ensure the safety of your wallet is to make sure that you do not share your wallet passwords and private keys with anyone else. There is always hackers who are trying to break into wallets so get paranoid if you have to but make sure that you secure all of your sensitive information that is associated with your wallet offline.

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July 30, 2018, 12:35:07 PM
 #136

The safety is basically when you own your private keys. If you use hardware wallet your keys are always there. If you use web wallet you don't own them.

Wallet exchange is not a solution. because we do not have full access to our assets. we can actually lose the asset because if there is hacking in exchange
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July 30, 2018, 12:38:27 PM
 #137

Hardware or paper wallets are the best. Whatever your wallet though, make sure your private keys are safe and that you dont give them out to anyone.
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July 30, 2018, 12:44:01 PM
 #138

I am new one in this market place, so it is important to know the safety issues of the wallet. Please someone help to understand the issues of safety of the market.

ERC-20 Wallet should always been use under metamask so you won't need to open your Private Key every time you do a trade to exchange like ED FD and etc.

When you are registering to an exchange platform don't use similar password you use on social medias also always active 2FA if they have.

Always save the key of every account you have to a safe place.

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July 30, 2018, 12:46:15 PM
 #139

I am new one in this market place, so it is important to know the safety issues of the wallet. Please someone help to understand the issues of safety of the market.

Online wallets are prone to hack. I am using Myetherwallet to keep my coins and there are also so many fake websites to that are imitating this. I admit I am afraid that my wallet be hacked so to avoid it , I lessen the time opening my wallet. i just check my coins in etherscan.io. another I also suggest that you use hardware wallet so that your coin is only on your laptop and not in online.

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July 30, 2018, 12:55:32 PM
 #140

From the beginning, I was just as worried as you are, where I can save money and save and increase, but today I have no such questions. Set yourself a metamask and forget about theft problems

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