Keep your keys safe

How are we doing today?

This post isn't for those who already are familiar with what Crypto is all about and how important security is.

This post is for users who for the very first time are getting to know about Crypto via their association with Uptrennd. I mean users like me who knew nothing about Crypto until @Read.Cash stole the show.

One key element of the crypto world is the security feature. This distinguishes from any other form of the financial system.

The security feature of crypto wallet is one such that only you have access to your funds irrespective of a stolen device.

When creating a wallet to keep your funds (ETH, read.cash, trust and any other), the wallet software will typically generate a key phrase, seed phrase or private key. Only you get to own this combination of words or letters. No one would have these exact combinations while creating a new wallet.

The special combs of keys are your LIFELINE to your wallet. When you give this out to anyone, you just gave out your wallet.

Unlike our conventional mobile apps, you have the option of forget password or either go to the bank to make enquiries. The crypto wallets arent like that. You forget your keys, your lose your funds. No magic can be done. Even a miracle won't happen.

No support whatsoever would ask or request for your seed phrase or private keys to process a query or transaction. Your keys are yours and never aids support issues. Anyone who asks for them should be tagged a Scammer and reported immediately.

This is what happens - when you give out your keys, it's used on a new device without stress and your funds accessed and immediately transferred to another. Boom! your funds are gone in a twinkle of an eye. Lest I forget, it's untraceable also.

No, you don't have anyone to report to or hold for your carelessness. I can attest to this so well.

No one to blame, no being to hold as the recipient of your funds. It's so annoying but the advantages of this feature outweigh the disadvantages.

Scammers are everywhere looking for keys to devour. Don't fall for their prey.

80% of organisations or project have a ruling that no admin initiates a conversation via DM as it relates to funds. So when next you see a DM talking about your funds in DM, that's a big RED FLAG!

Don't be a prey, don't get scammed!

Don't be a JJC with your funds!

Keep your keys safe!

Don't give ANYONE, Guard it like you would your funds.

Welcome to the Crypto world guys!!!