No Be Wallet Dey Secure Your Funds, Na Seed Phrase

[Coyster]

Hackers can't get your seed phrase except you release it to them

I don already talk am before, no be only through physical attacks wey you fit lose your seed phrase/private keys, some of you seem to be forgetting that. Atomic Wallet users didn't lose their assets through losing their physical backup, them lose their funds because the wallet na closed source wallet and hackers were able to maliciously steal funds from so many customers unnoticed.

You fit also lose your assets if your wallet dey for device wey you dey use visit dangerous websites, like Porn sites for example, were you are at risk of infecting your device with maware, so as i don talk, complete security is required, not just protecting your physical backup.

[Slimzeee]

Backing Up Your Seed Phrase Is Key
Backing up your seed phrase is one of the very first things you should take care of the moment you begin your crypto journey or have anything to do with wallets.
This small mistake or simply being careless has caused a lot of people to lose valuable digital assets, I'm talking about large volumes of assets.

I personally know someone close to me who was affected. He created a new wallet just to do some transactions and keep it separate from his main account so incase any malicious attempt it wouldn't get to the main wallet as he didn't really trust the third party. Somehow, he forgot to back it up and few days later his phone was stolen while trying to get a bus. I almost scolded him a bit (well, let me just say I actually did because it felt quite unreasonable and careless not to have backed up the seed phrase with his level of knowledge). But then again, I reminded myself that no one really plans to forget or plans for their gadget to get stolen.
That’s why I strongly recommend backing it up immediately

[Cryptohygenic]

Op wetin u talk na true but las las na to store those key phrases in safety condition be the Koko becos even the prioritized personal security keys fit stil to loose guard if we no dey extreme concious. The tin be say every measures on how to keep our funds safe for blockchain get their potential traits of loosing dem.
So na to just maintain high voltage wetin e take to stay decentralized and self custodian with ur bitcoin.

[Hyphen(-)]

For clarification, no comparison was been done in the writeup, infact fam, the main point in the post was simply to highlight that even if you’re using the most secure wallet in the whole wide world, it’s your proper handling of the seed phrase that makes it possible to regain access to your crypto wallet in case you loose guard your phone or hardware wallet.

That’s true, not your keys, not your coin is the language we should always take when we are about to venture into long term Bitcoin investment because such hardware wallets are the most secure wallets because they are offline, you will only access the internet if you are about to transact in the wallet.

There are some close-source wallets that do give seed phrase and private key too, they are also different from exchanges because they are decentralized also, but they can easily get hacked because it is a close-source wallet; example, Trust wallet.

Therefore, hardware wallets are the best, but they can be expensive to setup; therefore, you can use the Electrum wallet or Bluewallet to save your Bitcoin and keep your seed phrase safe offline in a secure place where only you will have access to.

[BtcAnalyst1]

The truth be say seed phrase na the baba wey go safeguard your coins, e nor get another shortcut wey person go pass theif the coim/tokens wey dey the wallet, so to keep your seed phrase very safe dey important.
As for exchanges, dem nor dey save at all, dem dey always suffer attack well well, e nor dey advicabke to keep person beta coin, especially big coin/tokens for there. Make we wise up!, safeguard your seed phrase, make nobody see am oo.