Essential Guidelines for Hardware Wallet Users - ELLIPAL

Essential Guidelines for Hardware Wallet Users

1. Use your hardware wallet to securely generate and store private keys. 

2. Never share your private keys or seed phrase, as these are crucial for your wallet's security.

3. The most prevalent scam is phishing for seed phrases. Always be vigilant.

4. Passphrase is as important as your seed phrase once it has been added

5. Frequently check your seed phrase backup to ensure your custody. 

6. For maximum security, always keep your private keys and seed phrase offline.

7. Always thoroughly verify transaction details—Sign what you see

8.  Learn how to effectively use blockchain scan tools for monitoring transactions.

9. Develop strategies to cope with FOMO (Fear Of Missing Out) and FUD (Fear, Uncertainty, and Doubt) in the volatile crypto market.

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