I always like to talk about security especially cryptocurrency wallet security. Only a simple mistake can cause irreversible loss. We should take care of your wallet. Steemit is a fantastic site which has a built-in security system. If you locked in your steem as steem power, You may not lose all your money. Hackers need at least 13 weeks to clear your account. In the meantime, If you are lucky you may get back your account.
Image: steem.io
A different wallet is available to store your cryptocurrency. If you use a hot wallet or online wallet, You need to be more careful. You need to keep your password safe, offline and inaccessible to other people. At first, Create a password which is difficult to hack.
Always Use:
- Different password for different wallet
- Mix your password with Upper and Lower Case.
- do not forget to use a special character in the password
- Minimum 12 words which are difficult to guess
- Keep your password Offline
- You may use a password manager like LastPass or whatever you like. Be sure it is safe to use.
If you want you may look into my other post regarding Security
Paper wallet is the safest of all cryptocurrency wallet. You can make your own paper wallet. Hardware wallet is also safest Crypto wallet. Three popular hardware wallet is available. Keep key, Trezor, and Ledger Nano S. You choose any one of these based on your research.
Best way to keep your coin is to keep it in a hardware wallet like Keepkey or Ledger Nano S or Trezor.
Today I have received my first hardware wallet KeepKey. Best feelings ever. I will update about my Hardware wallet after using it.
Thank you for taking the time to read this post. Your comments and upvotes are highly appreciated.
My Comments on Steemit " Steemit is the best platform. Steemit is not an idea only. We are using it daily. So enjoy Steemit."
My experience with KeepKey has not been great. It's a finicky little device. I've loved my Nano S and am thinking of getting a Trezor.
I was confused which one to buy. At last, I bought KeepKey. Nano s support lots of coin - great wallet indeed
I read many horror stories about folks losing their crypto coins for not taking the time to secure them.
Congratulation for your purchase of the Keep key cold wallet.
I have not much coin to store. Just my curiosity about Hardware wallet :)
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