At Reveel, we're dedicated to empowering individuals with transparent and secure self-custodial solutions. Safeguarding your cryptocurrency wallet is fundamental to protecting your on-chain activity and earnings and there are some simple steps users can take to help increase their security. Let's explore some practical steps you can take to enhance the security of your Reveel wallet.
1. Create a Backup of Your Private Key
Reveel Wallets are designed with your security in mind, utilizing a non-custodial approach where the Reveel Team does not have access to your funds, ensuring your financial autonomy. However, this means that in the event of lost private keys, recovery assistance is not available. To safeguard your assets, consider employing hardware wallets such as Ledger or Trezor. These devices store your private keys offline, providing robust protection against online threats.
Where to Find Your Reveel Wallet's Private Key:
a. Tap on the three dots in the upper-right corner of your wallet.
b. Tap on "Export wallet".
c. Tap to reveal your private key.
⚠️ Remember to treat your private keys, mnemonic phrases, and recovery seeds as valuable assets and never share them with anyone.
2. Consider Utilizing Third-Party Security Tools
When engaging with decentralized applications (dApps), it's common for smart contracts to request permission to execute specific actions. These permissions can range from narrow to quite broad in scope. It's essential to review the permissions granted and utilize tools like Revoke.cash to mitigate any potential risks of unintended actions, especially in the event of a smart contract hack or similar security breach.
Revoke.cash is a valuable tool that empowers users like you to maintain control over your cryptocurrency wallet, bolstering security in two crucial ways:
a. Managing Token Approvals: Easily monitor and revoke permissions granted to dApps to access your tokens, ensuring you retain full control over your assets.
b. Preventing Scams: Receive alerts and warnings about suspicious or potentially risky interactions before granting permissions, helping you make informed decisions and safeguarding your digital assets.
📌 Connect your Reveel Wallet to Revoke.cash using the walletConnect scan feature for added security.
3. Stay Alert to Phishing Attempts
Remain vigilant against phishing scams by:
a. NEVER connect your wallet unless you have verified that the link is trusted. It's essential to confirm the authenticity of the link to protect your funds and personal information.
b. Avoid clicking on suspicious links in unsolicited emails, messages, or social media posts.
c. Educating yourself on common scams to recognize and avoid fraudulent schemes.
⚠️ If you suspect that a link may be a scam or are unsure if it has originated from the Reveel team, please don't hesitate to reach out to our support team. We're here to keep you and all our users safe.
4. Monitor Your Transactions
Regularly review your transaction history for any signs of unauthorized or suspicious activity. Utilize blockchain scanners like Etherscan. Simply add your wallet address in the search box on Etherscan.
You can find the links to the scanners for the blockchain networks we currently support below:
📌 We’re also working on an “activity section” feature that will display your Reveel account’s transaction history and this will be available soon.
Protecting your cryptocurrency wallet address is paramount for maintaining the integrity and security of your on-chain activity and earnings on Reveel. By following these user-friendly and actionable steps, you can mitigate the risks associated with hacking, phishing, scams, and other threats. Remember, your security is our priority at Reveel, and we're committed to supporting you throughout your Web3 journey.