Published: 27 Sept 2020 › Updated: 27 Sept 2020
Secure your Hardware Wallet - best practice
Here are the top rules and best practices to secure your funds in a hardware wallet. The biggest risks are moisture, fire and losing the seed/passphrase yourself:
Follow the following standard from Andreas Antonopoulos:
- Don't secure the seed or passphrase digitally - use a paper or metal.
- Don't split your seed in 2 pieces or more!
- Secure e.g. 2 copies of the seed in different geographical locations
- Do the same for your passphrase which should be 6-8 unrelated normal words.
- Laminate all of them (against moisture) and put them into secured fireproof safes for example plus envelopes from you know whether someone opened.
- Don't tell anybody except family that needs to know in case your e.g. die, are in a coma etc. Make sure they can only get to them in such in stances not in general.
Disclaimer: This is no financialadvice nor 100% bulletproof method, but rather the most secure approach with regards to practicalityaccording to current standards
Leave Secure your Hardware Wallet - best practice to:
Read more #crypto posts
Best Posts From src3
We have not curated any of src3's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From src3
- Vulnerabilities in medical apps
- Fake Ledger Mail, Caution! Spear phishing attack
- Banks under pressure
- Online elections in Germany
- Unbelievable: Whoever pays ransom in the USA could end up in jail himself
- Caution: Phishing attacks with bit.ly links
- Secure your Hardware Wallet - best practice
- Remote work intensifies challenges for IT security
- The end of passwords
- Create and NEVER forget your super SECURE Password again