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Wallets & Security hub

Crypto wallets and security, done properly

Set up hardware and software wallets, back up your seed phrase the right way, recover access when things go wrong, and avoid the scams that empty most wallets.

In this hub

Overview

Wallets & Security in a nutshell

Most crypto losses come from security mistakes, not market crashes: a seed phrase stored in a screenshot, a fake support agent, or a malicious token approval. A wallet doesn’t actually hold your coins — it holds the keys that prove you own them on the blockchain. Whoever controls those keys controls the funds.

This hub walks you through choosing between hot and cold wallets, setting up a hardware wallet properly, backing up and recovering a seed phrase, and recognising the scams that target new users. Follow the guides in order and you’ll have a setup that protects you from the most common ways people lose crypto.

What you'll learn

Key topics in Wallets & Security

01

Hot vs cold wallets

When convenience is fine and when your coins should live offline.

02

Hardware wallet setup

Unboxing checks, firmware updates and your first test transaction.

03

Seed phrase storage

Paper, metal and multi-location backups — and what never to do.

04

Wallet recovery

Restoring access after a lost, broken or reset device.

05

Scam and phishing defence

Fake support, poisoned addresses and malicious approvals.

06

Token approvals

What you grant when you connect to a dApp, and how to revoke it.

Latest guides

New in Wallets & Security

FAQ

Wallets & Security questions, answered

What is the safest way to store crypto?

For long-term holdings, a reputable hardware wallet with an offline seed phrase backup is widely considered the safest option for individuals, because your private keys never touch an internet-connected computer.

Your coins are not on the device — they are on the blockchain. If you still have your seed phrase, you can restore access on a new device. Without the seed phrase, recovery is usually impossible.

It is generally discouraged. Anything stored online or on a phone can be hacked or synced to the cloud. Most security guidance recommends writing it down offline and keeping it somewhere safe and private.

No legitimate wallet company, exchange or support agent will ever ask for your seed phrase. Anyone who does is attempting to steal your funds.

Related hubs

New to crypto?

Follow our six-step beginner path before diving into specifics.