Security Best Practices
Learn essential security best practices for crypto wallets and transactions, including recovery phrase safety, scam awareness, and secure sending tips
Keeping your crypto safe starts with understanding how wallets and blockchains work—and how to protect yourself. Wire Wallet is built with strong security defaults, but your actions matter just as much.
This guide covers best practices to help you protect your wallet, assets, and transactions.
1. Protect Your Recovery Phrase
Your recovery phrase is the master key to your wallet.
Do:
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Write it down and store it offline
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Keep multiple secure backups
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Store it in a fireproof or metal backup if possible
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Treat it like cash or jewelry
Never:
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Share it with anyone
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Take screenshots
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Store it in email, notes apps, or cloud storage without encryption
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Enter it on websites or forms
Wire Wallet will never ask for your recovery phrase.
2. Use Device Security Features
Your device is the first line of defense.
Recommended settings:
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Enable Face ID, Touch ID, or fingerprint authentication
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Use a strong device passcode
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Enable auto-lock
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Keep your operating system up to date
Avoid using jailbroken or rooted devices.
3. Verify Addresses Before Sending
Blockchain transactions are final.
Before sending crypto:
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Double-check the recipient address
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Confirm the network matches the asset
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Watch for clipboard hijacking malware
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Send a small test transaction for large transfers
Once sent, transactions cannot be reversed.
4. Understand Networks and Fees
Mistakes often happen at the network level.
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Tokens exist on specific blockchains
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The same token name may exist on multiple networks
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Sending to the wrong network can permanently lock funds
Always verify:
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Network selection
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Token type
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Destination address
5. Be Cautious with Links and Messages
Scams often start with urgency or fear.
Watch out for:
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Fake support messages
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Links asking you to “verify” or “restore” your wallet
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Airdrops that require approvals
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DMs claiming your wallet is at risk
If someone asks for your recovery phrase—it’s a scam.
6. Review Transaction Approvals Carefully
Before approving a transaction:
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Read what you’re signing
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Check the contract address
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Review token permissions
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Be cautious with unlimited approvals
If something doesn’t look right, don’t approve it.
7. Use Trusted Apps and Services
Only connect Wire Wallet to:
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Reputable dApps
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Well-known protocols
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Official websites and links
Avoid:
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Copycat websites
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Random links from social media
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Unknown projects promising guaranteed returns
When in doubt, research first.
8. Monitor Activity and Use Block Explorers
Regularly review:
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Transaction history
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Token balances
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Connected app permissions
Use block explorers to:
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Verify transaction status
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Confirm token transfers
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Troubleshoot issues independently
Transparency is a security advantage.
9. Keep Software Up to Date
Updates often include:
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Security patches
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Bug fixes
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Performance improvements
Always:
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Update Wire Wallet when new versions are available
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Keep your device OS current
Avoid installing apps from unofficial sources.
10. Plan for Recovery
Prepare before something goes wrong:
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Know where your recovery phrase is stored
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Test recovery on a secondary device if possible
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Understand your sign-in and backup options
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Avoid relying on a single backup method
Preparation reduces risk.