Wallets & Risk Mitigation
Rule #1, don't lose money. Rule #2, don't forget Rule #1.
- Never give your private keys to anyone, ever.
- Store your private keys/seed phrase off line and ideally in a safe
- Always log out of your browser extension wallet after using it
- Never log in to your account or type in your private key on open public wifi like cafe's or airports
- Understand the difference between blockchains. BTC (Segwit). ETH (ERC20). BSC (BEP20). Sending crypto to an address on the WRONG chain will make you LOSE YOUR FUNDS.
Planet Finance is in the process of creating the Purple Planet which is a free market insurance protocol. Insurance will enable you to pay a premium to be insured against various risks. More details to come on free market insurance on Planet.
Last modified 1yr ago