Staying SAFU: 5 rules for strong passwords
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“Crypto” comes from the word “cryptography,” and anything touched by encryption must be safe by default. Right?
Wrong. Cryptocurrency may be unbreakable, but crypto wallets don’t enjoy the same luxury. Whether you keep your coins on an exchange or in a non-custodial wallet, you’re relying on mundane security measures to keep your assets safe. If they’re not up to snuff, your journey to the moon only has one end — not your keys, not your coins.
Your crypto wallet’s security starts with a strong password. In this article, we’ll teach you how to create a strong password for your coins by following six simple rules.
Every website wants you to make an account, and every account needs a password. Pretty soon, the amount of credentials becomes overwhelming, and you might be tempted to downsize a bit. Why not simply create a single super strong password for all your accounts?
Resist the temptation. If you reuse passwords, you’re putting all your eggs in one basket. A single data leak from a vulnerable website can put your entire digital kingdom in jeopardy. Once hackers have their hands on a set of credentials, they’ll run the username/password combo through email services, social media, and — you guessed it — crypto wallets.
And do you really want to risk thousands of dollars in crypto for easier access to Facebook?
So if every account must have a unique password, why not keep things simple? It’s much easier to remember multiple
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