New to owning bitcoin and obviously a cold wallet. Just wondering what the normal scams are to avoid and be safe?
Bought my cold wallet from the vendor’s website. Won’t keep the passcode online. What else?
What Are Common Ways To Having Your Cold Wallet Get Compromised?
byu/elmokilledseasamestr inbtc
Posted by elmokilledseasamestr
1 Comment
-Keep your physical backup safe from thirds;
-Never type your seed phrase anywhere;
-Use a pass phrase;
-Always type your pass phrase directly on the device itself;
-Double check transaction details like address and amount;
-Be careful with phishing emails, fake firmware updates, fake URLs and fake software to interact with the hardware device;