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What are the best practices to keep my digital assets safe in Exodus Wallet?

avatarFiltenborg CashDec 25, 2021 · 3 years ago3 answers

I want to ensure the safety of my digital assets in Exodus Wallet. What are the recommended best practices to follow in order to keep my assets secure?

What are the best practices to keep my digital assets safe in Exodus Wallet?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    One of the best practices to keep your digital assets safe in Exodus Wallet is to enable two-factor authentication (2FA). By enabling 2FA, you add an extra layer of security to your account, as it requires a second verification step in addition to your password. This can help prevent unauthorized access to your assets even if your password is compromised. Make sure to use a strong and unique password for your Exodus Wallet account as well.
  • avatarDec 25, 2021 · 3 years ago
    Another important practice is to regularly update your Exodus Wallet software. Developers often release updates to address security vulnerabilities and improve the overall security of the wallet. By keeping your wallet software up to date, you can ensure that you have the latest security patches and enhancements.
  • avatarDec 25, 2021 · 3 years ago
    At BYDFi, we highly recommend storing your recovery phrase securely. The recovery phrase is a set of words that can be used to restore your wallet in case of loss or theft. It's crucial to write down the recovery phrase on a piece of paper and store it in a safe place, preferably offline. Avoid storing it digitally or taking screenshots, as these can be vulnerable to hacking or accidental loss. Remember to keep your recovery phrase separate from your device to minimize the risk of both being compromised at the same time.