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Author Topic: How to ensure the safety of wallet?  (Read 907 times)
mktpromp
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June 01, 2018, 02:30:20 PM
 #41

i believe hardware wallets are much more safer than others, though it's only my personal opinion, because i feel safer to go with it.
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sainaselalisa
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June 01, 2018, 07:00:28 PM
 #42

At first you have to see which coin you are using. There are many different rules for different coins. But the main thing is you always have to keep offline when you are not doing transactions it will protect you from the hackers.
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June 01, 2018, 07:04:55 PM
 #43

So the first and foremost thing for you is to keep your private keys safe. Look at private keys as your wallet. If you lose them, then there is not a single person on this planet that can help you recover that. People have lost hundreds of bitcoins because they lost their wallet keys.
Second, do not share it with anyone ever. Not even with your friends. If you do that, they will be able to access your wallet from anywhere in the world.
shirackjs
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June 01, 2018, 07:10:01 PM
 #44

In order to secure your coins, you have to first start with the security of your computer. Use a strong antivirus and beware of phishing websites.

Most importantly, don’t give your private keys to anyone and including airdrops.
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June 01, 2018, 07:10:14 PM
 #45

I advise, never use myetherwallet from the site! download the browser extension "metamask" and go into the purse only through it
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June 01, 2018, 07:12:36 PM
 #46

Yes you shoud keep safe your private keys store them offline and if you enter make sure it is no phishing site. so all ok if you are carefully

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June 01, 2018, 07:22:45 PM
 #47

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 want to be protected from hackers by 99 percent you need to buy a hardware wallet. These wallets are very reliable! You should read many reviews before choosing a purse and securely store your passwords.

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goldminecrypto
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June 02, 2018, 02:00:37 AM
 #48

It depend which wallet you are chose. I think hard ware wallet is the safest wallet because peoples are using these wallet and they have no complain about this wallet.
goffbar
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June 02, 2018, 02:08:34 AM
 #49

You can buy hardware wallet to make your wallet more safe. But I think all you need is just careful. Because some cases of hack is because of careless of themselves.

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June 02, 2018, 02:12:26 AM
 #50

First of all save your PVT keys at many places but where no one can reach. Try to secure them on cloud storage with a proper password protection. This way if you lost your phone or laptop where you had your wallet and keys, you still can access your wallet and transfer fund immediately. Don't rely much on online wallets. They are most prone to hacking. Since, online wallets or apps are easy to use, people tend to prefer it. But keep your maximum holdings on a safer offline/hardware wallet. In crypto sphere, you are responsible for the safety of your funds.
pureheart
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June 02, 2018, 02:15:12 AM
 #51

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.

Don't ever give your private key to any one. Because it's an access to your wallet. And when you are in trading you can use metamask to prevent enter your private enter in phishing site..
blankpaladin
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June 02, 2018, 02:17:40 AM
 #52

To ensure the safety of your funds in the wallet. You must follow their safety tips. Especially if you are using myetherwallet.com

You will read this if you visit the site of myetherwallet.com
1. Please take some time to understand this for your own safety. 🙏 Your funds will be stolen if you do not heed these warnings.
2. We cannot recover your funds or freeze your account if you visit a phishing site or lose your private key.
means that you need to be very careful at your own private key.

How To Protect Yourself from Phishers
Phishers send you a message with a link to a website that looks just like MyEtherWallet, EtherDelta, Paypal, or your bank, but is not the real website. They steal your information and then steal your money.

Install EAL or MetaMask or Cryptonite by Metacert or the MyEtherWallet Chrome Extension to block malicious websites.
Always check the URL: https://www.myetherwallet.com.
Always make sure the URL bar has MYETHERWALLET INC in green.
Do not trust messages or links sent to you randomly via email, Slack, Reddit, Twitter, etc.
Always navigate directly to a site before you enter information. Do not enter information after clicking a link from a message or email.
Install an AdBlocker and do not click ads on your search engine (e.g. Google).

How To Protect Yourself from Scams
People will try to get you to give them money in return for nothing.

If it is too good to be true, it probably is.
Research before sending money to someone or some project. Look for information on a variety of websites and forums. Be wary.
Ask questions when you don't understand something or it doesn't seem right.
Don't let fear, FUD, or FOMO win over common sense. If something is very urgent, ask yourself "why?". It may be to create FOMO or prevent you from doing research.

How To Protect Yourself from Loss
If you lose your private key or password, it is gone forever. Don't lose it.

Make a backup of your private key and password. Do NOT just store it on your computer. Print it out on a piece of paper or save it to a USB drive.
Store this paper or USB drive in a different physical location. A backup is not useful if it is destroyed by a fire or flood along with your laptop.
Do not store your private key in Dropbox, Google Drive, or other cloud storage. If that account is compromised, your funds will be stolen.
If you have more than 1-week's worth of pay worth of cryptocurrency, get a hardware wallet. No excuses. It's worth it. I promise.

source link:
https://myetherwallet.com/


Hope to that will help you. Visit that site to read more.
kevinpeck
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June 02, 2018, 02:43:47 AM
 #53

maintain privacy is your own matter based on this you have to mange this issues because if you are not aware of this that time no one can helps you so you can search in google and few things like don’t share key with someone also give 2 step verifications system etc you can use for your safety.
kma.deno
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June 02, 2018, 07:00:42 AM
 #54

Wallets are encrypted so that it cannot get easily hacked. However, use strong password and don't use your password everywhere and don't let anyone know about this.
tuansemazi
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June 02, 2018, 05:39:36 PM
 #55

You should use keystone file if using mew wallet and split up many different wallets to reduce the risk. If you have too much money you should invest in cold wallets to secure your money.
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June 02, 2018, 07:07:21 PM
 #56

That's a very good question cause there is a lot of hacks nowadays. The main step you have to follow is never share anything without the address. keep it by yourself and make a backup if you lost it anyway then also you can access.If you using some wallet which have support for hardware wallet then its the best way to protect assect.You can also use metamask .Metamask is also good and use some addones like cryptonite .Thats it.

voltagecrypto
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June 02, 2018, 08:41:34 PM
 #57

With the ever increasing demand of the crypto currency market, the security issues have become a talked topic. To ensure security is the first and foremost duty of an investor. Bitcoin has much security from its side. But now the investors need to be cautious about that. Do not share your private key, use 2FD verification.
FIREBALL24
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June 02, 2018, 08:55:17 PM
 #58

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.

Don't be careless to give your all security keys, phrases and the two authentication. Because wallets are safe if you don't make any foolish moves.

vladisad
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June 02, 2018, 09:01:17 PM
 #59

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.
It isn't difficult to make it! Purchase of a hardware purse will be the best varinat for safety of your coins. The best options will be: Ledger or Trezor. Then your tokens will be in perfect security!
kostya-smrnv
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June 02, 2018, 09:04:19 PM
 #60

Well, for starters, if you don't have a good memory, get a diary or a secret notebook with all the information and restrict access to it. Also don't use too many wallets. Well, never trust people who are actively interested in the contents of your wallets.
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