Klever
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap
No Result
View All Result
  • Login
  • Register
Klever News
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap
No Result
View All Result
Klever News
Home Global

How to keep your crypto safe with Klever

by Misha Lederman
November 19, 2020
in Global, Wallet
Reading Time: 7 mins read
3k
A A
0
Share on FacebookShare on Twitter

Here’s a guide on how to keep your crypto safe in Klever app.

Security & basics of crypto accounts

In order to know how to keep your crypto safe with Klever, we first need to understand some basic fundamentals about crypto accounts themselves. A cryptocurrency or blockchain account consists of two pieces of main information, the address and the private key. 

The address is the public identification of your account. It is through the public address that you can receive coins from other people, or track transactions of an account through a blockchain explorer.

The private key is like an immutable password, and while this fact makes it very powerful, it also brings with it risks if exposed to anyone but yourself. The private key is a key that opens access to all actions and transactions in your crypto account. Whoever has the private key, has unrestricted and eternal access and control of an account.

Image for post

It is also necessary to explain that the 12 Words Seed, Mnemonic and Private Key, are basically all the same just in different representations. The 12 Words Seed, also known as Mnemonic, is simply a human-interpretable representation of your private key.

Klever is a decentralized and non-custodial wallet, which means that we empower our users by giving them all the power; only the users themselves have full custody of their private keys and their funds. Hence the expression: Your keys, your crypto. 

To summarize everything you need to do to protect your Klever account in one sentence:

Never, for any reason, ever share your Private Key or 12 Words Seed with ANYONE.

Image for post

Once you give your private key or 12 Words Seed to someone, you have given that person all the power over your crypto account. No one, no one, should ever have access to your private key beside you. 

Know the risks to stay safe

There are primarily two ways to become vulnerable and jeopardize your crypto: Hackers and Scammers.

So how can hackers access your account?

  1. A hacker can access an unprotected wallet if your device is infected.

  2. A hacker can find your private key or mnemonic if you keep it in a digital format, meaning you took a screenshot of it, wrote it up in Notes, or perhaps sent yourself an email with that sensitive information.

    Image for post
Image for post

We recommend to only write your 12 Words Seed or mnemonic on a physical paper, outside any digital devices, in the correct order and keep them in a safe place. A place only you know the whereabouts of. 

Also, to increase the security of your Klever app, make sure to enable your wallet security options, such as PIN code, Face ID or biometrics.

So how can scammers access your account?

  1. Using fake profiles of crypto founders or CEOs, offering rewards, participation and benefits through the form of links, fake pages or something similar. (Mainly via telegram and Facebook groups)

Image for post
  1. Impersonating someone from the official support or admin of Klever and offering help with a problem or an issue you might be having.

    Image for post

Image for post

So a simple rule to keep yourself safe is to only contact the support team through the official channels. You can find them through your Klever app or contact them at support.klever.io.

Our support team will never initiate contact with any user as a policy, and we only respond when the user starts the conversation to mitigate scammers’ success. Moreover, be very careful with channels/groups that add you without your permission. It doesn’t matter what you are offered. Remember: Never send your private key to anyone. This means anyone, even if it was to a real founder, CEO or support team staff member.

You might also like

Klever joins Web3 Domain Alliance to advance blockchain naming ecosystem

Klever joins Web3 Domain Alliance to advance blockchain naming ecosystem

February 22, 2023
7.4k
Klever Wallet: A Secure Solution for Managing Your Crypto Assets

Klever Wallet: A Secure Solution for Managing Your Crypto Assets

February 14, 2023
7.4k
Image for post
Image for post

Let’s make the crypto world a safer place together.

If you found the tips in this article helpful, please do share it with your friends. And if you see any unofficial groups you might recognize as a scam, please do report them, and of course, notify the Klever team if any suspicious users approach you.

Enjoy your financial freedom with Klever by simply keeping your 12 Words Seed and private keys safe. It’s as simple as that. 

Sincerely,

Misha Lederman

Director of Communications and Marketing at Klever.io

Tags: crypto safecrypto security
Advertisement Advertisement
Previous Post

Bitcoin breaches its All-Time High in market cap, as more institutional players join the BTC game

Next Post

Klever Weekly Newsletter – November 20

Misha Lederman

Misha Lederman

Related Stories

Klever joins Web3 Domain Alliance to advance blockchain naming ecosystem

Klever joins Web3 Domain Alliance to advance blockchain naming ecosystem

by Klever
February 22, 2023
0
7.4k

We are excited to announce that Klever has recently joined the Web3 Domain Alliance, a group dedicated to promoting the...

Klever Wallet: A Secure Solution for Managing Your Crypto Assets

Klever Wallet: A Secure Solution for Managing Your Crypto Assets

by Isabela Bellumat
February 14, 2023
0
7.4k

With so many options available, it can be difficult to determine which wallet is the best choice for your digital...

The Rise of Decentralized Autonomous Organizations: Transforming the Future of Business and Society

The Rise of Decentralized Autonomous Organizations: Transforming the Future of Business and Society

by Warren Manuel
February 10, 2023
0
7.3k

Imagine a world where businesses and organizations operate with complete transparency, security, and autonomy. A world where intermediaries and central...

Revolutionizing Investment: Can AI be Your Next Financial Advisor?

Revolutionizing Investment: Can AI be Your Next Financial Advisor?

by Warren Manuel
February 9, 2023
0
7.3k

Investment and financial management have come a long way in the digital age. With the advent of Artificial Intelligence (AI),...

Next Post

Klever Weekly Newsletter - November 20

PayPal and Square are buying up all newly mined Bitcoin, creating BTC supply shortage and driving up price

Download Klever Wallet Download Klever Wallet Download Klever Wallet
ADVERTISEMENT

Recommended

Ethereum

Coin of the Week: Ethereum (ETH)

November 14, 2021
7.5k
Tron (TRX)

Coin of the Week: Tron (TRX)

May 19, 2022
7.5k

Popular Story

  • Stand a chance to win your share of 10,000 KLV

    Stand a chance to win your share of 10,000 KLV

    8360 shares
    Share 3344 Tweet 2090
  • Test drive Klever Wallet, K5 and Win 1000 KLV & 1 KFI

    7033 shares
    Share 2813 Tweet 1758
  • Bitcoin battles back from record losses to $21,000

    5915 shares
    Share 2366 Tweet 1479
  • Klever showcases its blockchain ecosystem on a Time Square billboard

    5360 shares
    Share 2144 Tweet 1340
  • K5 adds new blockchain and KleverSafe support in the latest Android version

    5072 shares
    Share 2029 Tweet 1268

Follow us on Twitter

Klever News

Join the Klever community
Growing together we are stronger.
Be sure to follow us on social media to stay up to date.

Categories

  • Announcements
  • Coin of the Week
  • Education
  • Exchange
  • Games
  • Global
  • Hardware Wallet
  • Market Updates
  • NFTs
  • Opinions
  • Sponsored
  • Wallet
Download Klever Wallet Download Klever Wallet Download Klever Wallet
ADVERTISEMENT

Recent News

Klever joins Web3 Domain Alliance to advance blockchain naming ecosystem

Klever joins Web3 Domain Alliance to advance blockchain naming ecosystem

February 22, 2023
Klever Wallet: A Secure Solution for Managing Your Crypto Assets

Klever Wallet: A Secure Solution for Managing Your Crypto Assets

February 14, 2023
  • Sponsored Content
  • Advertise
  • Contact Us
  • RSS Feed

© 2022 Klever News - Premium Crypto news & insights by Klever Finance.

  • Login
  • Sign Up
No Result
View All Result
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00
Go to mobile version