Read our best advice on keeping your digital assets safe and avoiding common risks.

Security Tips From BenQ Wallet Experts

Always Choose Cold Storage

The safest way to protect your cryptocurrency is by keeping it offline. Cold storage eliminates threats from hackers, malware, and phishing attacks. Unlike hot wallets, which are vulnerable at all times, a cold wallet separates your assets from the risks of the internet, giving you unmatched security and peace of mind.

Backup Recovery Phrases Safely

Your private keys and recovery phrases are the keys to your digital wealth. Always create secure backups and store them in multiple offline locations such as safes or deposit boxes. Never share them digitally or over the internet. A reliable backup strategy ensures you never lose access to your assets, even in emergencies.

Stay Educated About Threats

Cybercrime in the crypto world changes rapidly. To protect yourself, stay informed about the latest scams, phishing tactics, and fraudulent schemes. Following reliable news, updates, and expert advice strengthens your awareness. Knowledge is a powerful defense, allowing you to detect and avoid risks before they even reach your wallet.

Separate Wallets for Different Uses

Avoid keeping all your assets in one place. Use different wallets for daily transactions, trading activity, and long-term holdings. This diversification minimizes risks and ensures that even if one wallet is compromised, the rest of your funds remain unaffected. Proper separation is a simple yet effective risk management practice.

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BenQ Wallet GmbH, a company duly incorporated and registered in Germany, is authorised and licensed as a Crypto-Asset Service Provider (“CASP”) under the European Union’s Markets in Crypto-Assets Regulation (“MiCA”) (Licence No. BQ927364H5P1LQ82KTA59). The Company, represented by its Director Santiago Gabriel Cruz, further confirms that it fully complies with the applicable crypto-asset regulatory frameworks of Israel, including registration with the Israel Securities Authority (“ISA”) and the Capital Markets, Insurance and Savings Authority (“CMISA”); the Crypto Asset Module of the Central Bank of Bahrain (“CBB CAM”); and the Virtual Assets Regulatory Authority (“VARA”) in Dubai, United Arab Emirates.

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