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Which phrases should I avoid using in my cryptocurrency wallet to minimize the risk of being hacked?

avatarRica Mae Dacanay BaliliDec 24, 2021 · 3 years ago3 answers

I want to ensure the security of my cryptocurrency wallet and minimize the risk of being hacked. Can you provide me with a list of phrases that I should avoid using in my wallet? I'm looking for phrases that are commonly targeted by hackers and could potentially compromise the security of my funds. Please provide me with some insights and recommendations to protect my wallet from unauthorized access.

Which phrases should I avoid using in my cryptocurrency wallet to minimize the risk of being hacked?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    It's crucial to be cautious when choosing phrases for your cryptocurrency wallet. Avoid using common phrases, such as 'password123' or '123456', as they are easily guessable by hackers. Additionally, refrain from using personal information like your name, date of birth, or address as part of your wallet's passphrase. Instead, opt for a strong and unique combination of words, numbers, and special characters. Remember to regularly update your passphrase and enable two-factor authentication for an extra layer of security.
  • avatarDec 24, 2021 · 3 years ago
    When it comes to securing your cryptocurrency wallet, it's essential to avoid using easily guessable phrases. Hackers often target wallets with weak passphrases, such as 'letmein' or 'qwerty'. Instead, choose a passphrase that is long, complex, and unique to your wallet. Consider using a combination of uppercase and lowercase letters, numbers, and special characters. It's also a good practice to avoid using phrases that are publicly associated with you, such as your favorite sports team or pet's name. By following these guidelines, you can significantly reduce the risk of your wallet being hacked.
  • avatarDec 24, 2021 · 3 years ago
    At BYDFi, we prioritize the security of our users' cryptocurrency wallets. To minimize the risk of being hacked, it's important to avoid using phrases that are commonly targeted by hackers. Some examples of phrases to avoid include 'password', '123456', or any easily guessable combination. Instead, create a strong passphrase that is unique to your wallet and difficult for others to guess. Remember to regularly update your passphrase and enable additional security measures, such as two-factor authentication, to further protect your funds.