Protecting your Account

Securing your digital assets, including NFTs and cryptocurrency, is essential in the world of Web3.

Identifying a Compromised Wallet

Watch for signs of unusual activity, such as:

• Unauthorized transactions.

• Unrecognized wallet addresses.

• Suspicious access attempts.

Regularly monitor your wallet to detect issues early.

Immediate Steps to Take

1. Secure Remaining Assets

• Transfer NFTs and cryptocurrency to a new wallet immediately to prevent further losses.

2. Use Bulk-Sending Tools

• Tools like bulk-send services help transfer multiple NFTs efficiently. Ensure the tools are reputable and secure.

3. Retire the Compromised Wallet

• Stop using the compromised wallet entirely. Assume the attacker has full control of its private key or seed phrase.

Best Practices for Wallet Security

1. Invest in a Hardware Wallet

• Use a hardware wallet to store valuable assets securely offline. It provides an extra layer of protection by keeping your private keys inaccessible to online threats.

2. Use Hot Wallets for Active Trading

• Keep frequently traded assets in a hot wallet and store valuable items elsewhere. Choose wallets with a strong reputation for security.

3. Stay Updated

• Regularly update wallet software and your device's operating system to ensure you benefit from the latest security patches.

4. Enable Strong Authentication

• Use unique, complex passwords for wallets.

• Enable two-factor authentication (2FA) whenever possible for added security.

Prevention is Key

By proactively following these best practices, you can reduce the risk of hacking attempts and safeguard your assets:

• Monitor wallet activity regularly.

• Invest in trusted hardware and software solutions.

• Stay vigilant and prioritize wallet security at all times.

Enjoy the benefits of Web3 with confidence, knowing your digital assets are secure. If you encounter any issues or need assistance, contact KEX Support for help.