Securing your crypto wallet is essential to protecting your Bitcoin and crypto assets. Wallets give you control of your funds, but they also require you to take on the responsibility of proper storage and protection. This guide outlines the main ways to secure your crypto wallet and avoid common mistakes that lead to loss or theft.
What Are Crypto Wallets and How Are They Secured?
Crypto wallets are software or hardware tools used to manage private keys and send or receive cryptocurrencies. Bitcoin wallets, in particular, support the storage of BTC and other Bitcoin-based assets. Wallet security refers to how well you protect the private keys and recovery phrase linked to your wallet. If you lose these credentials, your funds may be unrecoverable.
Best Practices to Secure Your Crypto Wallet
Write down your recovery phrase and store it in multiple physical locations.
Use a hardware wallet for long-term or high-value storage.
Secure your password with a password manager.
Don’t share your seed phrase or private keys with anyone, ever.
Use secure connections: avoid logging into wallets over public Wi-Fi.
Use two-factor authentication when available.
How Leather Helps Secure Your Funds
Self-custody: Leather gives you full control of your Bitcoin and Web3 assets.
Encrypted key storage on your device keeps your keys private.
Ledger integration adds hardware security for power users.
To learn more, visit our guide on securing your recovery phrase.