Post
Topic
Board Nigeria (Naija)
Re: The Power of Seed Phrase Portability
by
Hatchy
on 29/06/2025, 19:17:14 UTC
The Dangers of Importing into Untrusted Wallets
Many Bitcoin wallets exist today, but only a small number are truly reliable. It's best to use these trusted wallets when you're storing your funds or importing your seed phrases. Be careful, as many wallets can put your seed phrase at risk. For this reason, you should only use opensource wallets for your funds.

Also when you import your seed, watch out for other dangers like clipboard malware. To protect yourself, avoid installing thirdparty applications on your device. Not only can your wallet expose your seed phrase but the device you're using to import it can too.

If you often need access to your funds, consider keeping some in a hot wallet for quick access and storing the bigger amount offline in a cold storage. This helps you avoid importing your seed online. You can track your offline funds using a watch only wallet, which only needs your public key.