common-close-0
BYDFi
Trade wherever you are!

What measures can I take to prevent my trust wallet watch only mode from being hacked?

avatardayBYdayDec 27, 2021 · 3 years ago6 answers

I recently started using the watch only mode on my Trust Wallet to keep track of my cryptocurrency holdings. However, I'm concerned about the security of this mode. What steps can I take to ensure that my watch only mode is not vulnerable to hacking?

What measures can I take to prevent my trust wallet watch only mode from being hacked?

6 answers

  • avatarDec 27, 2021 · 3 years ago
    One important measure you can take to protect your trust wallet watch only mode is to ensure that your device is secure. Make sure you have a strong password or PIN for your device and enable biometric authentication if available. Additionally, keep your device's operating system and all apps, including Trust Wallet, up to date to benefit from the latest security patches and enhancements. It's also a good practice to avoid downloading apps or clicking on suspicious links that may compromise your device's security.
  • avatarDec 27, 2021 · 3 years ago
    Another important step is to enable two-factor authentication (2FA) for your Trust Wallet. This adds an extra layer of security by requiring a second verification step, such as a code sent to your email or generated by an authenticator app, before accessing your wallet. By enabling 2FA, even if someone gains access to your watch only mode, they won't be able to perform any transactions without the second factor.
  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we recommend using a hardware wallet for added security. Hardware wallets are physical devices that store your private keys offline, making it nearly impossible for hackers to access them. By connecting your Trust Wallet to a hardware wallet, you can securely manage your watch only mode and sign transactions without exposing your private keys to potential online threats.
  • avatarDec 27, 2021 · 3 years ago
    To further enhance the security of your watch only mode, consider using a separate device for your wallet. By dedicating a device solely for your cryptocurrency activities, you reduce the risk of exposing your wallet to potential malware or hacking attempts. Additionally, avoid using public Wi-Fi networks when accessing your wallet, as they can be vulnerable to man-in-the-middle attacks.
  • avatarDec 27, 2021 · 3 years ago
    Remember to regularly back up your wallet's recovery phrase or seed phrase in a secure location. This is crucial in case your device is lost, stolen, or damaged. By having a backup, you can easily recover your wallet and access your funds. However, ensure that your backup is stored securely and not accessible to unauthorized individuals.
  • avatarDec 27, 2021 · 3 years ago
    Lastly, stay informed about the latest security practices and potential vulnerabilities in cryptocurrency wallets. Follow reputable sources and communities to stay updated on any security advisories or best practices. By staying proactive and vigilant, you can minimize the risk of your trust wallet watch only mode being hacked.