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What is the best way to secure my ETH account?

avatarHaugaard BuckleyDec 26, 2021 · 3 years ago3 answers

I want to ensure the security of my ETH account. What are the best practices to protect it from unauthorized access and potential hacks? I'm looking for expert advice on how to safeguard my ETH holdings and prevent any potential loss or theft.

What is the best way to secure my ETH account?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One of the best ways to secure your ETH account is to enable two-factor authentication (2FA). By linking your account to a mobile app like Google Authenticator or Authy, you add an extra layer of security that requires a unique code generated on your phone to log in. This makes it much more difficult for hackers to gain access to your account even if they have your password. Remember to keep your 2FA backup codes in a safe place in case you lose your phone.
  • avatarDec 26, 2021 · 3 years ago
    Another important step to secure your ETH account is to use a hardware wallet. Hardware wallets are physical devices that store your private keys offline, making it nearly impossible for hackers to access them remotely. Ledger and Trezor are two popular hardware wallet brands that support ETH. By keeping your private keys offline, you significantly reduce the risk of your account being compromised.
  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we highly recommend using a decentralized wallet like MetaMask for securing your ETH account. MetaMask is a browser extension that allows you to manage your ETH and interact with decentralized applications (dApps) securely. It encrypts your private keys and stores them locally on your device, providing you with full control over your funds. Make sure to use a strong and unique password for your MetaMask account and keep your recovery phrase in a safe place.