Coinbase Learn: How to set up a crypto wallet
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Coinbase Learn: How to set up a crypto wallet
How to keep your crypto safe | School of Block
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Wallet experience: For some, just holding crypto assets may be enough, but many will be drawn to all that web3 offers from various dApps to NFTs and more. A crypto wallet is the passport to web3 and making it clear how to set one up, become familiar with connecting to other services, dealing with transactions and more will be a key experience to ge... See more
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Welcome to School of Block.Sections in this video0:00 Intro - how do you keep your crypto safe?0:50 What is self-custody?2:31 Where do you start?3:26 Limitations of exchanges4:54 Software wallets or “hot wallets”5:46 Getting your coins into cold storage7:29 Ledger Live - interacting with software wallets15:38 Wrapping it up
Ledger • How to keep your crypto safe | School of Block
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Your tokens are stored on a public address. Your ability to access them requires a key (or your seed phrase). You need to keep your seed phrase safe to protect your assets. Never give your private key to anyone else.
Using two-factor authorization for your exchange account is necessary.
Be wary of phishing attacks where hackers send a fr
... See moreLedger • How to keep your crypto safe | School of Block
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Custodial wallets are wallets where third-parties keep and maintain control over your cryptocurrencies on your behalf. Non-custodial wallets are wallets where you take full control and ownership of your cryptocurrencies.
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Coinbase has become one of the world's largest digital currency wallets and platforms where merchants and consumers can transact digital currencies. One of their focuses is to create user-focused products that are easier and more intuitive to use.
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WEB3 SECURITY 101 Learn about:
1. Basic Terms & Concepts
2. Choosing Your Wallets
3. The DO's
4. The DON'Ts
5. Protecting Your Seed Phrase
6. Avoiding NFT Scams
7. Phishing Attacks
8. Scams on Discord
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