How to Protect Your Private Keys
Private keys are the foundation of cryptocurrency ownership. Learn the essential practices for keeping them secure against various threats including both digital and physical attacks.
Read ArticleProtecting Your Digital Assets
In the rapidly evolving world of cryptocurrencies and digital assets, security is paramount. Even with the most advanced hardware wallet, understanding best practices and security principles is essential for comprehensive protection.
Our security resources are designed to help both newcomers and experienced users navigate the complex landscape of crypto security. From basic precautions to advanced threat mitigation, we provide actionable information to help you keep your assets safe.
Essential Security Guides
Basics of Secure Crypto Storage
Understanding the different wallet types and their security implications is critical for anyone holding cryptocurrencies. This guide explores the pros and cons of various storage solutions.
Read Article
Latest Cybersecurity Trends
The threat landscape for digital assets is constantly evolving. Stay informed about the latest attack vectors, emerging security technologies, and defensive strategies in the cryptocurrency space.
Read ArticleEssential Security Checklist
Regardless of which hardware wallet or security solution you use, these fundamental practices will help you maintain robust protection for your digital assets:
Secure Your Recovery Seed
Store your recovery seed phrase in a secure, offline location. Consider using metal seed storage solutions for protection against fire and water damage. Never store it digitally or take photos of it.
Use Strong Authentication
Enable all available authentication methods on your wallet, including PINs, passphrases, and biometric verification where available. Never use simple or predictable PINs.
Verify Every Transaction
Always verify recipient addresses and transaction details on your hardware wallet's screen before confirming. Never approve transactions based solely on what's displayed on your computer.
Use Trusted Connections
Avoid connecting your wallet to public computers or networks. Use trusted, updated devices and secure internet connections when managing your digital assets.
Keep Firmware Updated
Regularly check for and install firmware updates for your hardware wallet. These updates often include critical security patches and new features.
Beware of Phishing
Be vigilant against phishing attempts. Only download wallet software from official sources and verify the authenticity of websites before entering sensitive information.
Test Recovery Procedures
Periodically verify that your recovery seed works by performing a test recovery with small amounts. This ensures you can regain access if your primary device is lost or damaged.
Create a Succession Plan
Consider how your digital assets would be accessed by trusted individuals in case of emergency. Document secure procedures without exposing your private keys.
Common Threats & Countermeasures
Malware & Keyloggers
Malicious software that can monitor keystrokes, capture screenshots, or alter clipboard contents to redirect cryptocurrency transactions.
Countermeasures:
- Use hardware wallets that require physical verification of transaction details
- Maintain updated antivirus and anti-malware software
- Consider using a dedicated device solely for cryptocurrency transactions
- Always verify recipient addresses on your hardware wallet's screen
Phishing Attacks
Fraudulent attempts to obtain sensitive information like recovery seeds or private keys by masquerading as trustworthy entities through emails, websites, or social media.
Countermeasures:
- Bookmark official websites rather than using search engines
- Verify domain names carefully before entering sensitive information
- Never share your recovery seed or private keys with anyone, including support staff
- Be suspicious of unexpected communications, even if they appear to be from legitimate sources
Man-in-the-Middle Attacks
Attackers position themselves between you and your intended connection, intercepting and potentially altering communication data, including cryptocurrency transactions.
Countermeasures:
- Use secure connections (HTTPS websites with valid certificates)
- Avoid public Wi-Fi for cryptocurrency transactions
- Verify transaction details on your hardware wallet's trusted display
- Consider using a VPN for additional encryption
Physical Theft or Loss
Physical theft of hardware wallets or recovery seed backups, or loss due to natural disasters or accidental damage.
Countermeasures:
- Secure your recovery seed in multiple locations, preferably using fireproof and waterproof storage
- Enable PIN protection on your hardware wallet
- Consider advanced options like passphrase protection (25th word)
- For significant holdings, implement a multi-signature setup requiring multiple devices to authorize transactions