What are the best practices for securing an EVM address?

3 answers

• Dec 26, 2021 · 3 years ago
  At BYDFi, we highly recommend following these best practices to secure your EVM address. Firstly, use a hardware wallet like Ledger or Trezor to store your private keys offline. This significantly reduces the risk of your keys being compromised. Secondly, enable multi-signature (multi-sig) functionality for your address. This requires multiple signatures to authorize transactions, adding an extra layer of security. Additionally, regularly check for any suspicious activities or unauthorized access to your address. Lastly, consider using a VPN (Virtual Private Network) when accessing your wallet to protect your connection from potential hackers.
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• Dec 26, 2021 · 3 years ago
  Securing an EVM address is of utmost importance to protect your digital assets. One of the best practices is to use a hardware wallet, such as Ledger or Trezor, to store your private keys offline. This ensures that your keys are not exposed to the internet and reduces the risk of being hacked. Another important practice is to regularly update your wallet software to the latest version, as developers often release security patches and bug fixes. Additionally, be cautious of phishing attempts and always double-check the address before making any transactions. Lastly, consider using a cold storage solution, like a paper wallet or a hardware wallet, for long-term storage of your EVM address.
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• Dec 26, 2021 · 3 years ago
  Securing an EVM address requires a proactive approach to protect your digital assets. One of the best practices is to use a strong and unique password for your wallet. Avoid using common passwords or easily guessable combinations. Additionally, enable two-factor authentication (2FA) to add an extra layer of security. Regularly monitor your address for any suspicious activities or unauthorized access. It's also recommended to keep your wallet software up to date and to avoid accessing your wallet on public Wi-Fi networks. Lastly, consider using a hardware wallet for storing your private keys offline, away from potential online threats.
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