How to Protect Your Crypto Assets on Ethereum, Solana and TON
Trading cryptocurrency can be exciting, but it's crucial to prioritize security. This guide will help you safeguard your assets while exploring various blockchain ecosystems.
Table of Contents
- Wallet Security Basics
- Safe Trading Practices
- Using Hardware Wallets
- Use Cases for Different Blockchains
- Conclusion
1. Wallet Security Basics
Step-by-step guide:
- Create separate wallets:
- Main wallet for long-term holdings
- Trading wallet for active transactions
- Use strong, unique passwords for each wallet
- Enable two-factor authentication (2FA) where available
- Store seed phrases securely offline (e.g., written on paper in a safe)
- Never share seed phrases or private keys with anyone
Tip: Consider using a password manager to generate and store complex passwords.
2. Safe Trading Practices
Step-by-step guide:
- Only use reputable decentralized exchanges (DEXs)
- Double-check website URLs before connecting your wallet
- Be cautious of unsolicited airdrops or tokens in your wallet
- Revoke unnecessary wallet permissions regularly
- Use a VPN for additional privacy when trading
Tip: Start with small amounts when trying new platforms or tokens.
3. Using Hardware Wallets
Step-by-step guide:
- Purchase a hardware wallet from a reputable manufacturer (e.g., Ledger, Trezor)
- Set up the device following the manufacturer's instructions
- Create a new wallet or import your existing one
- Use the hardware wallet to sign transactions on supported wallets
- Store the hardware wallet in a secure location when not in use
Tip: Practice sending small amounts before moving large sums to your hardware wallet.
4. Use Cases for Different Blockchains
Solana (SOL):
Ethereum (ETH):
TON Blockchain (TON):
5. Conclusion
By following these steps across different blockchains, you can significantly reduce the risk of losing your crypto assets. Always prioritize security, stay informed about potential threats, and be cautious when interacting with new platforms or tokens. Remember, it's better to be safe than sorry in the world of cryptocurrency.