SlideShare a Scribd company logo
1 of 10
Copyright © Blockchain Council www.blockchain-council.org 1
Copyright © Blockchain Council www.blockchain-council.org
Top 10 Tricks To Keep Your Bitcoin Wallet Safe
Are you keen on creating Bitcoin portfolio, then one of the key things that you
need to consider is having a Bitcoin wallet. You may find many options, but when
it comes to using a Bitcoin wallet, then you must also know how to keep Bitcoin
wallet safe.
2
Copyright © Blockchain Council www.blockchain-council.org
10 tips and tricks to keep your Bitcoin wallet safe:
1. Prefer hardware wallet- There are different types of wallets available, but
when it comes to choosing the safest one, then you must consider hardware
wallet. It is perfect for those who have concerns regarding cyber threats.
Companies like Trezor and ledger offer USB-like decides which comes equipped
with encryption features that can only be accessed with the private key.
.
3
Copyright © Blockchain Council www.blockchain-council.org
2. Keep the private key offline- Another way to keep your Bitcoin wallet
protected is by keeping the private key offline, i.e. you can pen down the key on
the paper, and keep it in a safe place.
4
Copyright © Blockchain Council www.blockchain-council.org
3. Keep a check on the internet- Another impact aspect that you must not
ignore is that you must have a safe internet connection. If you have a Bitcoin
wallet on your laptop, then you must connect your laptop with the public network.
4. Switch to advanced antivirus system- One of the key aspect you must
not undermine is the antivirus software of your system. Windows are prone to
wider malware and other malicious programs. So, if you are using a Windows
operating system, then you must consider installing an advanced antivirus system.
5
Copyright © Blockchain Council www.blockchain-council.org
5. Neve click on the suspicious link- Beware of your malicious internet activity.
You may sometime encounter fishy links; these are malware that can hack into
your system and corrupt all the information. Make sure that you sue identical URL
address and if you are using online wallet where you are required to enter private
key, then make sure that you check the URL and verify that it is safe.
6. Never share private key- Irrespective of the trust level, you must never share
the private key to third-party. Ignore sharing private key is a strict no.
6
Copyright © Blockchain Council www.blockchain-council.org
7. Make use of strong password- Another key aspect that you need to take into
account is that the passwords that you use for the private key are strong. It must
be a mix of numbers and alphabets, make use of case-sensitive letters along with
special characters to keep it strong and unique.
8. Never share the private key- Irrespective of the trust level, you must never
share the private key with anyone.
9. Use two-factor authentication- One of the easiest ways to keep the wallet
safe is by using two-factor authentication. It nullifies any type of threat.
7
Copyright © Blockchain Council www.blockchain-council.org
10. Backup of digital wallet- Having a backup of digital wallet can keep your
asset safe. In case you lose the wallet, or your device fails to perform, then you
can use this digital wallet backup. Make sure that you keep the backup at a safe
place, and you can easily restore it.
Conclusion- With these basic tips, you can ensure the safety of your
cryptocurrency wallet. For more such interesting news, connect with Blockchain
Council today.
8
Copyright © Blockchain Council www.blockchain-council.org
Blockchain Council Certifications
You can check out our certifications, and kick start your career in the Blockchain
space today.
● Certified Blockchain Expert
● Certified Blockchain Developer
● Certified Smart Contract Developer
● Certified Solidity Developer
● Certified Ethereum Developer
9
THANK YOU!
Any questions?
You can mail us at
hello@blockchain-council.org
Copyright © Blockchain Council www.blockchain-council.org 10

More Related Content

Similar to Top 10 tricks to keep your bitcoin wallet safe

Crypto Wallets.pdf
Crypto Wallets.pdfCrypto Wallets.pdf
Crypto Wallets.pdf
Aiblogtech
 
Crypto Wallet Types Explained
Crypto Wallet Types ExplainedCrypto Wallet Types Explained
Crypto Wallet Types Explained
101 Blockchains
 
Public Vs. Private Keys
Public Vs. Private KeysPublic Vs. Private Keys
Public Vs. Private Keys
101 Blockchains
 

Similar to Top 10 tricks to keep your bitcoin wallet safe (20)

Top 10 cryptocurrency security tips for 2019
Top 10 cryptocurrency security tips for 2019Top 10 cryptocurrency security tips for 2019
Top 10 cryptocurrency security tips for 2019
 
5 ways
5 ways5 ways
5 ways
 
Crypto Wallets.pdf
Crypto Wallets.pdfCrypto Wallets.pdf
Crypto Wallets.pdf
 
How To Get Rich With Bitcoin Even If You Have No Clue About Technology – Apre...
How To Get Rich With Bitcoin Even If You Have No Clue About Technology – Apre...How To Get Rich With Bitcoin Even If You Have No Clue About Technology – Apre...
How To Get Rich With Bitcoin Even If You Have No Clue About Technology – Apre...
 
Crypto Wallet Types Explained
Crypto Wallet Types ExplainedCrypto Wallet Types Explained
Crypto Wallet Types Explained
 
Effective tips for crypto wallet management
Effective tips for crypto wallet managementEffective tips for crypto wallet management
Effective tips for crypto wallet management
 
How to Create a Crypto Wallet in 2023.pdf
How to Create a Crypto Wallet in 2023.pdfHow to Create a Crypto Wallet in 2023.pdf
How to Create a Crypto Wallet in 2023.pdf
 
Which Crypto Wallet App Type Should I Choose?
Which Crypto Wallet App Type Should I Choose?Which Crypto Wallet App Type Should I Choose?
Which Crypto Wallet App Type Should I Choose?
 
Which is the safest method of storing bitcoin with a bitcoin wallet in Canada?
Which is the safest method of storing bitcoin with a bitcoin wallet in Canada?Which is the safest method of storing bitcoin with a bitcoin wallet in Canada?
Which is the safest method of storing bitcoin with a bitcoin wallet in Canada?
 
Non-custodial wallets app development .
Non-custodial wallets app development .Non-custodial wallets app development .
Non-custodial wallets app development .
 
All You Should Know About Cryptocurrency Wallet!
All You Should Know About Cryptocurrency Wallet!All You Should Know About Cryptocurrency Wallet!
All You Should Know About Cryptocurrency Wallet!
 
How might cryptocurrencies impact
How might cryptocurrencies impactHow might cryptocurrencies impact
How might cryptocurrencies impact
 
How To Secure Your Cryptocurrency In 2020
How To Secure Your Cryptocurrency In 2020How To Secure Your Cryptocurrency In 2020
How To Secure Your Cryptocurrency In 2020
 
Public Vs. Private Keys
Public Vs. Private KeysPublic Vs. Private Keys
Public Vs. Private Keys
 
How to Use Bitcoin
How to Use BitcoinHow to Use Bitcoin
How to Use Bitcoin
 
Things You Must Know About Cryptocurrency Wallet Development
Things You Must Know About Cryptocurrency Wallet DevelopmentThings You Must Know About Cryptocurrency Wallet Development
Things You Must Know About Cryptocurrency Wallet Development
 
Top Security Strategies For Blockchain Wallets.pdf
Top Security Strategies For Blockchain Wallets.pdfTop Security Strategies For Blockchain Wallets.pdf
Top Security Strategies For Blockchain Wallets.pdf
 
BEGINNER’S GUIDE TO CRYPTOS
BEGINNER’S GUIDE TO CRYPTOSBEGINNER’S GUIDE TO CRYPTOS
BEGINNER’S GUIDE TO CRYPTOS
 
Webinar: 12 Tips to Stay Safer Online - 2018-10-16
Webinar: 12 Tips to Stay Safer Online - 2018-10-16Webinar: 12 Tips to Stay Safer Online - 2018-10-16
Webinar: 12 Tips to Stay Safer Online - 2018-10-16
 
What is a blockchain wallet
What is a blockchain wallet What is a blockchain wallet
What is a blockchain wallet
 

More from Blockchain Council

More from Blockchain Council (20)

A quick guide about blockchain based 'remittance' solution
A quick guide about blockchain based 'remittance' solutionA quick guide about blockchain based 'remittance' solution
A quick guide about blockchain based 'remittance' solution
 
By 2030, blockchain technology could drive a global economy of $1.7 trillion.
By 2030, blockchain technology could drive a global economy of $1.7 trillion.By 2030, blockchain technology could drive a global economy of $1.7 trillion.
By 2030, blockchain technology could drive a global economy of $1.7 trillion.
 
5 ways on how will blockchain impact healthcare
5 ways on how will blockchain impact healthcare5 ways on how will blockchain impact healthcare
5 ways on how will blockchain impact healthcare
 
In 2021, facebook plans to introduce its own cryptocurrency.
In 2021, facebook plans to introduce its own cryptocurrency.  In 2021, facebook plans to introduce its own cryptocurrency.
In 2021, facebook plans to introduce its own cryptocurrency.
 
Why NFTs has overtaken Defoe As the hottest trend in blockchain
Why NFTs has overtaken Defoe As the hottest trend in blockchainWhy NFTs has overtaken Defoe As the hottest trend in blockchain
Why NFTs has overtaken Defoe As the hottest trend in blockchain
 
Low code blockchain platform for crm by salesforce
Low code blockchain platform for crm by salesforceLow code blockchain platform for crm by salesforce
Low code blockchain platform for crm by salesforce
 
5 best blockchain stocks to buy in this year
5 best blockchain stocks to buy in this year 5 best blockchain stocks to buy in this year
5 best blockchain stocks to buy in this year
 
How to use hyperledger fabric for the enterprise
How to use hyperledger fabric for the enterprise How to use hyperledger fabric for the enterprise
How to use hyperledger fabric for the enterprise
 
Samsung started to develop its own blockchain
Samsung started to develop its own blockchain Samsung started to develop its own blockchain
Samsung started to develop its own blockchain
 
Google cloud became a network block producer by joining the eos blockchain co...
Google cloud became a network block producer by joining the eos blockchain co...Google cloud became a network block producer by joining the eos blockchain co...
Google cloud became a network block producer by joining the eos blockchain co...
 
Blockchain use cases in energy sector
Blockchain use cases in energy sectorBlockchain use cases in energy sector
Blockchain use cases in energy sector
 
Top Universities Are Increasing Blockchain Activity Worldwide.
Top Universities Are Increasing Blockchain Activity Worldwide.Top Universities Are Increasing Blockchain Activity Worldwide.
Top Universities Are Increasing Blockchain Activity Worldwide.
 
Vs code extensions required for blockchain development
Vs code extensions required for blockchain developmentVs code extensions required for blockchain development
Vs code extensions required for blockchain development
 
Blockchain Application In The Energy Sector Is Offering Cost Effective strate...
Blockchain Application In The Energy Sector Is Offering Cost Effective strate...Blockchain Application In The Energy Sector Is Offering Cost Effective strate...
Blockchain Application In The Energy Sector Is Offering Cost Effective strate...
 
Volvo committed to use blockchain for the highest level of transparency.
Volvo committed to use blockchain for the highest level of transparency. Volvo committed to use blockchain for the highest level of transparency.
Volvo committed to use blockchain for the highest level of transparency.
 
5 major advantages of blockchain technology for engineering students
5 major advantages of blockchain technology for engineering students 5 major advantages of blockchain technology for engineering students
5 major advantages of blockchain technology for engineering students
 
How blockchain can potentially replace traditional supply chain processes
How blockchain can potentially replace traditional supply chain processesHow blockchain can potentially replace traditional supply chain processes
How blockchain can potentially replace traditional supply chain processes
 
Do Smart Contract Matter To Become A Blockchain Developer
Do Smart Contract Matter To Become A Blockchain Developer Do Smart Contract Matter To Become A Blockchain Developer
Do Smart Contract Matter To Become A Blockchain Developer
 
How companies are leveraging blockchain in supply chains
How companies are leveraging blockchain in supply chainsHow companies are leveraging blockchain in supply chains
How companies are leveraging blockchain in supply chains
 
Blockchain Is Bringing Changes In American Healthcare Industry
Blockchain Is Bringing Changes In American Healthcare IndustryBlockchain Is Bringing Changes In American Healthcare Industry
Blockchain Is Bringing Changes In American Healthcare Industry
 

Recently uploaded

1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
QucHHunhnh
 
1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi  6.pdf1029-Danh muc Sach Giao Khoa khoi  6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdf
QucHHunhnh
 
Making and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdfMaking and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdf
Chris Hunter
 

Recently uploaded (20)

1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdf
 
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxBasic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
 
Food Chain and Food Web (Ecosystem) EVS, B. Pharmacy 1st Year, Sem-II
Food Chain and Food Web (Ecosystem) EVS, B. Pharmacy 1st Year, Sem-IIFood Chain and Food Web (Ecosystem) EVS, B. Pharmacy 1st Year, Sem-II
Food Chain and Food Web (Ecosystem) EVS, B. Pharmacy 1st Year, Sem-II
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot Graph
 
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
 
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17  How to Extend Models Using Mixin ClassesMixin Classes in Odoo 17  How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
 
1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi  6.pdf1029-Danh muc Sach Giao Khoa khoi  6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdf
 
Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan Fellows
 
Sociology 101 Demonstration of Learning Exhibit
Sociology 101 Demonstration of Learning ExhibitSociology 101 Demonstration of Learning Exhibit
Sociology 101 Demonstration of Learning Exhibit
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docx
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and Mode
 
Class 11th Physics NEET formula sheet pdf
Class 11th Physics NEET formula sheet pdfClass 11th Physics NEET formula sheet pdf
Class 11th Physics NEET formula sheet pdf
 
PROCESS RECORDING FORMAT.docx
PROCESS      RECORDING        FORMAT.docxPROCESS      RECORDING        FORMAT.docx
PROCESS RECORDING FORMAT.docx
 
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
 
Micro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfMicro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdf
 
Asian American Pacific Islander Month DDSD 2024.pptx
Asian American Pacific Islander Month DDSD 2024.pptxAsian American Pacific Islander Month DDSD 2024.pptx
Asian American Pacific Islander Month DDSD 2024.pptx
 
Making and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdfMaking and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdf
 

Top 10 tricks to keep your bitcoin wallet safe

  • 1. Copyright © Blockchain Council www.blockchain-council.org 1
  • 2. Copyright © Blockchain Council www.blockchain-council.org Top 10 Tricks To Keep Your Bitcoin Wallet Safe Are you keen on creating Bitcoin portfolio, then one of the key things that you need to consider is having a Bitcoin wallet. You may find many options, but when it comes to using a Bitcoin wallet, then you must also know how to keep Bitcoin wallet safe. 2
  • 3. Copyright © Blockchain Council www.blockchain-council.org 10 tips and tricks to keep your Bitcoin wallet safe: 1. Prefer hardware wallet- There are different types of wallets available, but when it comes to choosing the safest one, then you must consider hardware wallet. It is perfect for those who have concerns regarding cyber threats. Companies like Trezor and ledger offer USB-like decides which comes equipped with encryption features that can only be accessed with the private key. . 3
  • 4. Copyright © Blockchain Council www.blockchain-council.org 2. Keep the private key offline- Another way to keep your Bitcoin wallet protected is by keeping the private key offline, i.e. you can pen down the key on the paper, and keep it in a safe place. 4
  • 5. Copyright © Blockchain Council www.blockchain-council.org 3. Keep a check on the internet- Another impact aspect that you must not ignore is that you must have a safe internet connection. If you have a Bitcoin wallet on your laptop, then you must connect your laptop with the public network. 4. Switch to advanced antivirus system- One of the key aspect you must not undermine is the antivirus software of your system. Windows are prone to wider malware and other malicious programs. So, if you are using a Windows operating system, then you must consider installing an advanced antivirus system. 5
  • 6. Copyright © Blockchain Council www.blockchain-council.org 5. Neve click on the suspicious link- Beware of your malicious internet activity. You may sometime encounter fishy links; these are malware that can hack into your system and corrupt all the information. Make sure that you sue identical URL address and if you are using online wallet where you are required to enter private key, then make sure that you check the URL and verify that it is safe. 6. Never share private key- Irrespective of the trust level, you must never share the private key to third-party. Ignore sharing private key is a strict no. 6
  • 7. Copyright © Blockchain Council www.blockchain-council.org 7. Make use of strong password- Another key aspect that you need to take into account is that the passwords that you use for the private key are strong. It must be a mix of numbers and alphabets, make use of case-sensitive letters along with special characters to keep it strong and unique. 8. Never share the private key- Irrespective of the trust level, you must never share the private key with anyone. 9. Use two-factor authentication- One of the easiest ways to keep the wallet safe is by using two-factor authentication. It nullifies any type of threat. 7
  • 8. Copyright © Blockchain Council www.blockchain-council.org 10. Backup of digital wallet- Having a backup of digital wallet can keep your asset safe. In case you lose the wallet, or your device fails to perform, then you can use this digital wallet backup. Make sure that you keep the backup at a safe place, and you can easily restore it. Conclusion- With these basic tips, you can ensure the safety of your cryptocurrency wallet. For more such interesting news, connect with Blockchain Council today. 8
  • 9. Copyright © Blockchain Council www.blockchain-council.org Blockchain Council Certifications You can check out our certifications, and kick start your career in the Blockchain space today. ● Certified Blockchain Expert ● Certified Blockchain Developer ● Certified Smart Contract Developer ● Certified Solidity Developer ● Certified Ethereum Developer 9
  • 10. THANK YOU! Any questions? You can mail us at hello@blockchain-council.org Copyright © Blockchain Council www.blockchain-council.org 10