What are the common mistakes to avoid when creating a seed phrase for my digital assets?

3 answers

• Dec 17, 2021 · 3 years ago
  One common mistake to avoid when creating a seed phrase for your digital assets is using easily guessable words or phrases. Avoid using common words, personal information, or easily predictable patterns. Instead, opt for a random combination of words that are unrelated to each other. This will make it much harder for anyone to guess your seed phrase and gain access to your digital assets.
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• Dec 17, 2021 · 3 years ago
  Another mistake to avoid is not securely storing your seed phrase. It's important to keep your seed phrase in a safe and secure location, such as a hardware wallet or a secure offline storage device. Avoid storing it digitally or in a location that is easily accessible to others. Remember, your seed phrase is the key to your digital assets, so treat it with the utmost care and security.
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• Dec 17, 2021 · 3 years ago
  At BYDFi, we highly recommend using a hardware wallet to store your seed phrase. Hardware wallets provide an extra layer of security by keeping your seed phrase offline and away from potential online threats. They are designed to protect your digital assets and make it much harder for hackers to gain access to your funds. Investing in a hardware wallet is a smart move to ensure the safety of your seed phrase and your digital assets.
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