{"id":11696,"date":"2024-10-05T07:00:41","date_gmt":"2024-10-05T07:00:41","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=11696"},"modified":"2024-10-05T07:00:41","modified_gmt":"2024-10-05T07:00:41","slug":"top-7-simple-ways-to-secure-your-recovery-seed-from-hackers-and-loss","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=11696","title":{"rendered":"Top 7 Simple Ways to Secure Your Recovery Seed from Hackers and Loss"},"content":{"rendered":"

Photo by Shubham Dhage<\/a> on\u00a0Unsplash<\/a><\/p>\n

Relay on online exchanges to store your crypto is not considered the best practice because they are vulnerable to hacking\u00a0attacks.<\/p>\n

Instead of keeping your crypto on an exchange, use a wallet that lets you own your private key by creating a seed\u00a0phrase.<\/p>\n

The Seed Phrase<\/strong> is a series of 12\u201324 randomized words created when setting up a\u00a0wallet.<\/p>\n

Note<\/em><\/strong>: It\u2019s also called a seed key, recovery key, or seed\u00a0phrase.<\/em><\/p>\n

The wallet creates public-private key pairs based on the seed\u00a0phrase.<\/p>\n

If your wallet is lost or destroyed, you can use the seed phrase to recover all your crypto holdings.<\/p>\n

That is why it is important to store the seed phrase\u00a0safely.<\/p>\n

Here are some methods to store your seed phrase securely:<\/p>\n

Take a Pen and Paper Write Down Your Seed\u00a0Phrase<\/h3>\n

One simple and secure way to store your wallet\u2019s seed phrase is to take a pen and paper, write it down, and keep that paper in a secure\u00a0place.<\/p>\n

It\u2019s the cheapest way to store seed words, and the main advantage of writing them down on paper is that they never become digital, helping you avoid dangers like viruses or\u00a0malware.<\/p>\n

However, paper can easily be misplaced, destroyed by water, or damaged by\u00a0fire.<\/p>\n

Use a Hardware\u00a0Wallet<\/h3>\n

There are different types of crypto wallets for storing your assets, including paper wallets, desktop wallets, and hardware\u00a0wallets.<\/p>\n

A hardware wallet can protect 99.99% of your crypto assets from various\u00a0attacks.<\/p>\n

Hardware wallets are physical devices\u200a\u2014\u200aoften resembling USB sticks\u200a\u2014\u200athat store your crypto holdings securely. When setting up your wallet, your seed phrase is stored in a protected area of a microcontroller, ensuring it cannot be transferred out in plaintext.<\/p>\n

For additional protection, you can enable two-factor authentication (2FA).<\/p>\n

Popular hardware wallets like Ledger Nano X<\/strong> <\/a>and Trezor<\/strong><\/a> are recommended for safeguarding your seed\u00a0words.<\/p>\n

Use Metal Plates (Metal Puch\u00a0Card)<\/h3>\n

Metals like steel, aluminum, and titanium can survive extreme temperatures and are resistant to saltwater and acids. Various companies provide metal plates for securely storing your seed\u00a0words.<\/p>\n

Metal plates have 24 numbered slots\u200a\u2014\u200a12 on each side\u200a\u2014\u200awhere you can engrave your seed words using letter punches. Be sure to do this yourself in\u00a0private.<\/p>\n

Once your words are engraved, store the plate in a secure location. Companies like Cryptosteel<\/a>, and Cobo Tablet<\/a> offer reliable metal\u00a0plates.<\/p>\n

Use a Safety Deposit\u00a0Box<\/h3>\n

Again and again, I\u2019m saying to store your Seed Word hard copy in a secure place protected from unauthorized access and natural calamities.<\/p>\n

You can use the Safety Deposit box to store your Seed Word hard copies like paper or metal plates because these boxes require multiple keys, identification, or fingerprint scanners to gain access and are locked away in vaults that are monitored 24 hours\/day.<\/p>\n

Also, the Safety Box is immune to fire or\u00a0water.<\/p>\n

But they can only be accessed during bank hours, and the bank controls access to the box. There may also be costs involved.<\/p>\n

Set an Advanced Recovery Phrase or Passphrase<\/h3>\n

What if your recovery seed gets compromised?<\/p>\n

Setting a passphrase adds an extra layer of protection.<\/p>\n

A passphrase is a password attached to your seed phrase that unlocks an additional set of accounts. If an attacker tries to access a passphrase-protected account, they will need both the seed phrase and the passphrase.<\/p>\n

Keep in mind that a passphrase can be up to 50 characters long. Misspelling even one character will generate an entirely new wallet linked to your original recovery\u00a0seed.<\/p>\n

Both Trezor and Ledger Nano X allow you to set passphrases.<\/p>\n

Use Steganography<\/h3>\n

Steganography is a technique used to hide a file or message within another file or\u00a0message.<\/p>\n

You can use this technique to hide your seed phrase within other\u00a0files.<\/p>\n

There is a tool called Stegoseed<\/a>, which helps you to convert your seed phrase into a long story which you can save as a text document on your computer.<\/p>\n

Whenever you need your seed, you can paste a saved long story to this tool to get your seed phrase\u00a0back.<\/p>\n

I used fake Seed Phrase to show you the tool\u00a0preview<\/p>\n

Stegoseed builds a story around your Seed Phrase using non-Seed words as filler text. This allows the tool to work in reverse to decipher the seed words by simply pasting the entire\u00a0story.<\/p>\n

Note:<\/strong> If you want to store your seed using Stegoseed then, it is safer to download the files from Github and run the tool locally from your computer.<\/p>\n

Memorize Hole Seed\u00a0Phrase<\/h3>\n

The most secure method to store your seed is by memorizing it.<\/p>\n

However, remembering a 24-word phrase can be difficult.<\/p>\n

You can try creating a story around the seed or use mnemonic pegging techniques to memorize\u00a0it.<\/p>\n

These are the simple methods to follow for keeping your recovery seed\u00a0safe.<\/p>\n

Also, I listed some methods you never follow to store your\u00a0seed.<\/p>\n

Never Use These\u00a0Methods<\/h3>\n

#1<\/strong> Don\u2019t take a screenshot or mobile photo of your seed because computers\/mobile are vulnerable, an attacker can easily gain access to your device and copy\u00a0it.<\/p>\n

#2<\/strong> Never make a digital copy of the seed phrase; never store it on email or cloud services.<\/p>\n

#3<\/strong> Never buy or accept a used hardware\u00a0wallet.<\/p>\n

#4<\/strong> Never print your seed\u00a0word.<\/p>\n

#5<\/strong> Never share your seed with a stranger or post on social\u00a0media.<\/p>\n

#6<\/strong> Don\u2019t use a pre-generated seed.<\/p>\n

#7<\/strong> Do not split up your seed into 2\u20133 parts to keep it in different locations. This can be fatal, and you can lose everything you\u00a0have.<\/p>\n

Conclusion<\/h3>\n

The security of your crypto holdings ultimately depends on how safely you store your seed phrase. Use one or more of the methods above to keep your seed\u00a0safe.<\/p>\n

Which method do you prefer, and why? Let me know in the comments.<\/em><\/p>\n

Top 7 Simple Ways to Secure Your Recovery Seed from Hackers and Loss<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":"

Photo by Shubham Dhage on\u00a0Unsplash Relay on online exchanges to store your crypto is not considered the best practice because they are vulnerable to hacking\u00a0attacks. Instead of keeping your crypto on an exchange, use a wallet that lets you own your private key by creating a seed\u00a0phrase. The Seed Phrase is a series of 12\u201324 […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-11696","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/11696"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11696"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/11696\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}