Summarize a few precautions for using wallets in the currency circle
1. After backing up the private key, exit the wallet and log in with the backed up private key for verification; confirm that it is correct before transferring money to the wallet
2. Before exiting the wallet, log in with another device. If an error is reported, the fallback is to use the original device to perform the transfer
3. If you are not sure whether the receiving address is correct, transfer a small amount first, and then transfer a large amount after it arrives
4. Don't just save the mnemonic, save a copy of the mnemonic and the private key. The private key is more important than the mnemonic. The reason is as follows: After the wallet stops operating, only the mnemonic may cause the loss of assets because some wallets are incompatible with the mnemonic. After the private key stops operating, the assets will not be affected in any way, and the private key of wallet A can be imported and extracted in wallet B.
5. Use an offline cold wallet with an observation wallet; it is currently a method that is both safe and convenient. If you don't know how to operate it, see my previous article. Or privately chat with me and indicate your purpose, and I will send you the graphic operation steps.
6. Don't worry if you lose your private key and mnemonic phrase. Take your time. It's best to have the original manuscript, which will reduce the difficulty of the work.
Friends, if you have any additions, please leave a message below the comment area! ! !
