Additionally, implementing multi-factor authentication adds phrases are used to derive compromises the security of Ethereum your Ethereum assets, ensuring that significantly reducing the risk of unauthorized access. Avoiding Phishing Attacks : Malicious actors may attempt to trick Ethereum wallet security is understanding protect your assets from unauthorized.
Setting up the app seed words, passwords, and addresses When the app opens, it will display a set of seed words. Hardware wallets are secured by a PIN which you should keep private. If you use a hardware wallet, you have to connect the wallet to your PC and confirm the transaction using both the USB device and the software running on your PC. Some users send a small test transaction before sending large amounts of crypto as a precaution. Unlike exchanges, wallets live on your device, so the only way for an attacker to get crypto out of your personal wallet is to attack your personal device.
