Vex Wallet is a decentralized crypto wallet that allows users to send and receive VEX anytime and anywhere fast and easily. Users are fully responsible for their accounts, VEX, and other digital assets. No one party has access, not even Vexanium has access to user accounts. If a user loses their device or private key, they cannot get it back. But don’t worry, here’s a way to keep Vex Wallet safe that you can apply so that your digital assets can be appropriately maintained.
Table of Contents
Create a Strong Password
Strong passwords are important to protect accounts and digital assets from unauthorized access. Usually, a strong password consists of a combination of uppercase and lowercase letters, as well as numbers and special symbols such as punctuation marks. You can use an online password tester to see your password’s strength. Apart from that, you can also use a password generator to get random passwords.
Keep Private Keys
Like passwords, crypto wallet private keys must be protected as best as possible. If the code is leaked to irresponsible persons, your crypto assets can disappear in the blink of an eye. Therefore, never share your private key with anyone! You can copy the private key in a digital or physical record that you think is safe, Vex Buddies.
Secure Access with Recovery Phrase
As we know, a private key consists of a combination of dozens of numbers and letters that are difficult to memorize. Fortunately, Vex Wallet provides its user’s recovery phrases as a backup or private key backup. Recovery phrases are phrases or word combinations consisting of 12 to 24 random words that are still possible to memorize.
If you forget your private key or get hacked at any point, you can still access your crypto wallet using this recovery phrase. So, you should also store recovery phrases well.
Keep Your Device Safe
The most basic way to secure Vex Wallet is by securing the device used. You can lock your device with a strong PIN, pattern, or password, so it takes work to guess. You can also install a firewall and antivirus software to help secure your device from hacker attacks.
Don’t Use Public WiFi
Public WiFi is relatively more vulnerable to hacking, so it is not recommended to use it for all types of financial transactions, including crypto transactions. Make sure that when buying, selling, or staking crypto, you use a private internet data package which incidentally is safer.
Use Different Email for Vex Wallet
Most of us use the same email address for our social media accounts, which we share with family members, friends, and co-workers. They may share your email address with others until it finally reaches the hands of hackers. Suppose your Vex Wallet uses the same email as a social media account. In that case, hackers may get the important information needed to access the wallet. Therefore, it is better to use a separate email address for your crypto wallet. Email that is used specifically for crypto transaction purposes only.