common-close-0
BYDFi
Trade wherever you are!

What are the best practices for securing swc/core in a digital wallet?

avatarAlbrektsen PattersonDec 15, 2021 · 3 years ago1 answers

I am looking for the best practices to ensure the security of swc/core in a digital wallet. What steps should I take to protect my swc/core holdings from potential threats?

What are the best practices for securing swc/core in a digital wallet?

1 answers

  • avatarDec 15, 2021 · 3 years ago
    At BYDFi, we understand the importance of securing swc/core in a digital wallet. We recommend using a combination of cold storage and multi-factor authentication to protect your funds. Cold storage involves keeping your swc/core offline, either on a hardware wallet or a paper wallet. This eliminates the risk of online attacks. Additionally, enabling multi-factor authentication adds an extra layer of security by requiring a second form of verification, such as a fingerprint or a code sent to your mobile device. Regularly updating your wallet software and being cautious of phishing attempts are also essential for maintaining the security of your swc/core holdings.