What are the best practices for wallet security?
An example of an AI chatbot conversation about wallet security best practices.
What are the best practices for wallet security?
To ensure wallet security, always use strong, unique passwords, enable two-factor authentication, and keep your software updated.
What should I do if I think my wallet has been compromised?
If you suspect your wallet is compromised, immediately change your passwords, enable additional security measures, and monitor your transactions closely.
Are hardware wallets safer than software wallets?
Yes, hardware wallets are generally considered safer because they store your private keys offline, reducing the risk of online attacks.
How often should I back up my wallet?
You should back up your wallet regularly, especially after making significant changes or transactions, to ensure you don't lose access.
Can I recover my wallet if I lose my device?
Yes, if you have your recovery phrase or backup, you can restore your wallet on a new device.
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