Wallet guide

Crypto Wallet Security Guide

A practical security routine for protecting wallet backups, avoiding phishing and reducing the damage one bad signature can cause.

Updated August 4, 2026 · 9 minute read

Rule 1

Never share the wallet backup

Anyone with your recovery phrase or private key can control the wallet. Legitimate support teams do not need it. Never type it into a website, message, support form or unsolicited app.

Rule 2

Keep backups offline

Do not save a plain-text photo, cloud document, email or note containing the recovery phrase. Store a clear physical backup somewhere protected from theft, fire, water and accidental disposal.

Rule 3

Use official software and updates

Navigate to the provider’s verified domain yourself. Avoid search ads, unsolicited links and direct messages. Keep the wallet, browser, phone and computer updated.

Rule 4

Verify every transaction

Check the full destination address, network and amount before signing. On a hardware wallet, verify the information on the device screen—not only on the connected computer.

Rule 5

Treat dApp approvals as access

A wallet connection is not automatically safe. Read the transaction or permission request, reject unexpected approvals and periodically revoke permissions you no longer use.

Rule 6

Separate savings from activity

Use a smaller wallet for new apps, NFTs and frequent transactions. Keep long-term holdings in a separate wallet that is rarely connected.

If you think the wallet is compromised

  1. Stop interacting with suspicious websites or software.
  2. Using a clean device and verified wallet software, create a new wallet with a new backup.
  3. Move remaining assets to the new wallet, prioritizing the most valuable assets and required gas.
  4. Revoke token approvals where useful, but do not rely on revocation if the recovery phrase itself is exposed.
  5. Contact the wallet provider only through its verified support channel. Do not respond to unsolicited “support.”

Monthly security check

  • Install verified wallet, browser and operating-system updates.
  • Review connected apps and token approvals.
  • Confirm your physical backup remains readable and secure without exposing it.
  • Remove unused extensions and applications.

Primary sources