Preventing wallet hacks

Modified on Mon, 8 May, 2023 at 11:20 AM


Wallet swaps or changes are not processed after your participation in a token event has take place.


To help prevent your Metamask wallet from being hacked or compromised, consider the following measures:


1. Download Metamask from official sources: Ensure you download Metamask only from the official website or trusted sources like browser extensions stores. Avoid third-party websites or links that could potentially distribute compromised versions.


2. Enable strong passwords and biometrics: Set a strong, unique password for your Metamask wallet.  To strengthen the security level, ensure your passwords are a random mix of at least 14 to 16 characters. You can also enable biometric authentication (such as fingerprint or face recognition) if your device supports it. This adds an extra layer of protection to your wallet.


3. Safeguard your recovery phrase: During the wallet setup, Metamask provides you with a recovery phrase (also known as seed phrase or mnemonic phrase). This phrase is crucial for restoring your wallet if you lose access. Write it down on paper and store it in a secure place offline. Never share it with anyone and avoid storing it digitally.


4. Keep your browser and extensions up to date: Regularly update your browser (e.g., Chrome, Firefox) and Metamask extension to ensure you have the latest security patches and bug fixes. Outdated software may expose your wallet to vulnerabilities.


5. Be cautious of phishing attempts: Be alert for phishing attempts aimed at tricking you into revealing your wallet details. Double-check URLs and verify the legitimacy of websites or links before entering your wallet credentials. Metamask will never ask you for your recovery phrase or private keys outside of the official wallet interface.


6. Use hardware wallets: Consider using a hardware wallet (such as Ledger or Trezor) in combination with Metamask. Hardware wallets store your private keys offline, making it significantly harder for attackers to compromise your wallet.


7. Avoid using public or unsecured networks: When accessing your Metamask wallet, avoid using public Wi-Fi networks or other unsecured connections. Public networks can be vulnerable to snooping and eavesdropping, increasing the risk of unauthorized access.


8. Regularly review wallet activity: Keep an eye on your wallet's transaction history and activity. If you notice any unauthorized transactions or suspicious behavior, take immediate action by disconnecting your wallet and contacting Metamask support.


9. Be cautious with browser extensions: Be mindful of the browser extensions you have installed alongside Metamask. Ensure they come from trusted sources and periodically review the permissions granted to each extension to prevent potential vulnerabilities.


10. Stay informed and educated: Stay updated with the latest security practices, news, and developments in the blockchain and cryptocurrency space. Educate yourself about common attack vectors, emerging threats, and best practices for securing your wallet.


By following these measures, you can significantly enhance the security of your Metamask or other self custody wallet and protect yourself from potential compromise.

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