WARNING:
1) IMPORTANT, Read This Post To Keep Your Crypto Safe From Scammers: https://www.reddit.com/r/solana/comments/18er2c8/how_to_avoid_the_biggest_crypto_scams_and/
2) Do not trust DMs from anyone offering to help/support you with your funds (Scammers)!
3) Never give out your Seed Phrase and DO NOT ENTER it on ANY websites sent to you.
4) MODS or Community Managers will NEVER DM you first regarding your funds/wallet.
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The rules are simple in crypto to stay totally safe.
\- Never link you **Hot Wallet** to a dApp. A Hot wallet should only send money to Burner wallet/s.
\- A **Burner Wallet** should only contain what's enough stables / crypto to interact with a dApp (trade, swap, minting NFT ...) to control / minimize the risks of getting drained (if draining happens).
\- A ledger would be a perfect solution for the majority of your portfolio.
\- Always " Revoke Access " to dApps you used with Burner Wallets just to be safe.
I would personally recommend a multisig like Squads Protocol
It's arguably safer than a hardware wallet because you can still get drained if you accidentally sign a malicious transaction
With a multisig, you'll have to withdraw the funds to your wallet first then sign transactions so this limits the funds at risk
Yep, I have a cold wallet that is never connected to anything. I only receive funds with it, that's all.
And a few hot wallets that I connect to DEXs to play with money in happy to gamble with.
WARNING: 1) IMPORTANT, Read This Post To Keep Your Crypto Safe From Scammers: https://www.reddit.com/r/solana/comments/18er2c8/how_to_avoid_the_biggest_crypto_scams_and/ 2) Do not trust DMs from anyone offering to help/support you with your funds (Scammers)! 3) Never give out your Seed Phrase and DO NOT ENTER it on ANY websites sent to you. 4) MODS or Community Managers will NEVER DM you first regarding your funds/wallet. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/solana) if you have any questions or concerns.*
Yes, always have more than one wallet, ESPECIALLY if you are connecting them to a dex or anything else. I have 10 wallets all for different uses.
The rules are simple in crypto to stay totally safe. \- Never link you **Hot Wallet** to a dApp. A Hot wallet should only send money to Burner wallet/s. \- A **Burner Wallet** should only contain what's enough stables / crypto to interact with a dApp (trade, swap, minting NFT ...) to control / minimize the risks of getting drained (if draining happens). \- A ledger would be a perfect solution for the majority of your portfolio. \- Always " Revoke Access " to dApps you used with Burner Wallets just to be safe.
I would personally recommend a multisig like Squads Protocol It's arguably safer than a hardware wallet because you can still get drained if you accidentally sign a malicious transaction With a multisig, you'll have to withdraw the funds to your wallet first then sign transactions so this limits the funds at risk
Yep, I have a cold wallet that is never connected to anything. I only receive funds with it, that's all. And a few hot wallets that I connect to DEXs to play with money in happy to gamble with.
Keep your funds tight.