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A practical guide to self-custody

Web3 · Intermediate · 5 min read

The essentials

Self-custody means controlling the keys that authorize transactions. A recovery phrase can recreate those keys, so anyone with the phrase can generally control the wallet.

What to consider

Hardware wallets isolate signing from a general-purpose computer, but malicious approvals remain a risk. Verify addresses and transaction details on the trusted device screen.

Put it into practice

Store backups offline in separate secure locations. Test recovery with a small balance and never enter a recovery phrase into a support chat or website.

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