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Safety Precautions

Confirm URLs

Fake URLs impersonating the secure wallets and UIs used to stake are circulating on the internet. Always confirm you are using the exact sites we link to in these guides.

Understand Your Responsibilities

Using a self-custodied wallet means that you remain in full control of your cryptocurrency, and as such, the responsibility of remembering and safeguarding your password falls entirely on you. Password access for wallets are generally managed by a secret key or seed phrase. You can learn more about wallets in How to set up a crypto wallet.

Control Your Seed Phrase

Ensure that you store your seed phrase somewhere safe where it cannot be lost or compromised. Your seed phrase is the master key to your wallet; loss or compromise of your seed phrase may result in permanent loss of your digital assets. Coinbase Cloud will never ask you for your secret key or seed phrase.

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