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How to Stay Safe

22 articles

How to Stay Safe

Safety first! Learn how to spot scams, avoid phishing, and protect your digital assets.

Popular Articles

Protecting Yourself and Your Funds

(Source: @Jennicide ) 1. Get yourself a hardware wallet. One of the safest and easiest ways to store your ETH, Tokens, ETC, BTC, and many other coins is via a Ledger Nano S or Trezor . Both are…

Verifying the Authenticity of the Desktop Application

The MyCrypto desktop application is part of an older version of MyCrypto that is not actively maintained. You can find the latest version of MyCrypto on mycrypto.com . After downloading the desktop…

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How to Stay Safe

10 Min Read

Advanced: Creating a Secure Wallet by Tomshwom

This is the updated version of the original post on Steemit here . By /u/AtLeastSignificant . Purpose In this guide, we are going to create a customizable wallet solution that is cheap, secure, and…

Couldn't Everybody Type in Random Private Keys and Steal Funds?

Short Version Yes, but finding an account with a balance would take eons ... so ... no. Long Version Ethereum is based on Public Key Cryptography , specifically Elliptic Curve Cryptography , which…

Ensuring MyCrypto Doesn't Give Different People the Same Private Key

First of all, a wallet's private key is not given, it is randomly generated. Then the public key is derived from it and, finally, the address is derived from the public key. It is remotely possible…

How Can We Trust MyCrypto?

The quickest answer is: Luckily, you don't have to trust us! You can run us offline . You can use a hardware wallet . These both ensure that your keys never touch an internet-connected device, which…

Securely Store & Guard Your Private Key by Drewshaver

This guide assumes that you just received a Trezor and Cryptosteel in the mail. Which hardware wallet you chose is not integral to the guide -- any hardware wallet will do. The cryptosteel is not…

How to Use MyCrypto More Privately

With the cryptocurrency industry growing faster than ever, it has become more and more lucrative for financial companies and institutions to know as much as possible about you and how you interact…

How to Avoid Getting Scammed and Phished

Below are some tips to reduce the risk of losing your hard-earned coins Install either EtherAddressLookup or MetaMask if you use MyCrypto or other crypto-related sites. These warn you if you go to…

Protecting Yourself and Your Funds

(Source: @Jennicide ) 1. Get yourself a hardware wallet. One of the safest and easiest ways to store your ETH, Tokens, ETC, BTC, and many other coins is via a Ledger Nano S or Trezor . Both are…

Can I Turn on 2FA for MyCrypto?

2FA / MFA is something that works for server-side applications in order to add an additional layer of security on top of the username and password. TOPT (Google Authenticator) Time-based One-time…

Why You Should Backup Your Hardware Wallet

The following assumes you are using a Ledger Nano S or Trezor hardware wallet. Due to their ease of use and security, we recommend a hardware wallet for cold storage . To save / backup your Ledger or…

Hardware Wallet Recommendations

One of the safest and easiest ways to store your ETH, tokens, ETC, BTC, and many other coins is via a Ledger Nano S or Trezor . Both are hardware wallets. Both work with MyCrypto.com and the legacy…

Verifying the Authenticity of the Desktop Application

The MyCrypto desktop application is part of an older version of MyCrypto that is not actively maintained. You can find the latest version of MyCrypto on mycrypto.com . After downloading the desktop…

Common NFT Scams

Scams have run rampant in the crypto space for years, and NFT-related scams are increasing every day. As a relatively new (and very popular) trend, it has been the target of quite a lot of scams to…

What to Do If Your Funds Are Stolen

Victim of a phishing attack? We are sorry this happened Unfortunately, we encounter these phishing scams / attacks on a daily basis. The most common cause for these incidents is entering your private…

Malicious Software

Malicious software is anything that changes the functionality of your computer for the purpose of making someone else profit in some way. Malicious software can come in many forms, from Keyloggers…

How to Help Defeat the Phishers

These phishers will not stop until they stop getting money or get caught. We don't have the time or manpower to do it all. There are so many things to do and watch and document. We thank you for your…

Encrypting Your Windows PC with BitLocker

You must have Windows 10 Pro or Windows 10 Enterprise to access BitLocker. Back it Up! Before encrypting your machine, make a backup to an external storage device. Make sure you leave your PC plugged…

How to Stay Safe During ICOs and Other Periods

Domain verification The problem There are many website clones of ICOs with fake contribution addresses. Sometimes they use character substitutions in the domain (e.g., an "i" becomes an "l" in the…

Overview of Common Scams

This document set is intended to be a compendium of types of scams that can be found in Ethereum and in the wider cryptocurrency ecosystem. Why is This Important? Security is probably the most…

Hardware Wallet Scams and Hacks

General Tips for Securing Hardware Wallets Update the firmware of your device. Don't leave your device plugged in. Make sure your device is physically secure. Don't purchase pre-owned devices. Pre…

Privacy Concerns

Posting Your Public Keys on Social Media Why is this a problem? You should never do this, especially if you have a large amount of crypto-wealth, because it paints a target on your back. If people…

Phishing Scams and Hacks

Phishing is scamming via impersonating individuals, organizations, operations, websites, etc. Phishing is also the most common type of scam / attack on your funds in any cryptocurrency ecosystem. This…

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