Hot wallets offer great convenience for DeFi and NFT, but this convenience also comes with enormous risks if not properly protected.

šŸ”¹ Separate your trading wallet and storage wallet

  • Separate your main wallet for storing large assets and your secondary burner wallet for smaller amounts used with unfamiliar dApps

  • If your secondary wallet gets infected with malware, your assets will remain completely safe in your main wallet.

šŸ”ø Control access permissions

  • Granting unlimited permissions indiscriminately is a leading cause of wallet theft

  • Use Revoke.cash weekly to revoke access permissions for old, unused applications.

šŸ”¹ Beware of Phishing and Clipboard Hijacking

  • Absolutely do not click on suspicious links and always carefully check the receiving wallet address to Avoid Phishing and Clipboard Hijacking

  • A moment of carelessness can send your money straight into the hands of hacker.

šŸ”ø Secure your device and network

  • Say no to public WiFi when trading and alway update your antivirus software to the latest version.

Have you turned your hot wallet into a fortress yet, or are you still leaving it to chance?

This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.