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How can I secure my NEO coins on a phone wallet?

avatarSajal MallickNov 24, 2021 · 3 years ago3 answers

I recently purchased some NEO coins and I want to ensure their security on a phone wallet. What are the best practices to secure my NEO coins on a phone wallet?

How can I secure my NEO coins on a phone wallet?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    One of the best practices to secure your NEO coins on a phone wallet is to use a hardware wallet instead. Hardware wallets provide an extra layer of security by keeping your private keys offline. This reduces the risk of your coins being stolen even if your phone is compromised. Additionally, make sure to enable two-factor authentication on your phone wallet and regularly update your wallet software to protect against any potential vulnerabilities. Remember to keep your wallet's recovery phrase in a safe place as well.
  • avatarNov 24, 2021 · 3 years ago
    Securing your NEO coins on a phone wallet can be done by following these steps: 1. Choose a reputable phone wallet app from a trusted source. 2. Create a strong and unique password for your wallet. 3. Enable biometric authentication if available. 4. Backup your wallet's recovery phrase and store it securely. 5. Keep your phone's operating system and wallet app up to date. 6. Be cautious of phishing attempts and only enter your wallet information on trusted websites or apps. By following these steps, you can enhance the security of your NEO coins on a phone wallet.
  • avatarNov 24, 2021 · 3 years ago
    At BYDFi, we recommend using the BYDFi Wallet to secure your NEO coins on a phone wallet. The BYDFi Wallet is a highly secure and user-friendly wallet that allows you to store and manage your NEO coins with ease. It incorporates advanced security features such as biometric authentication and encryption to ensure the safety of your funds. Additionally, the BYDFi Wallet regularly undergoes security audits to identify and address any potential vulnerabilities. By using the BYDFi Wallet, you can have peace of mind knowing that your NEO coins are well-protected.