The Gate Web3 Wallet ensures the security of your assets from four aspects (learn more: How Does the Gate Web3 Wallet Protect User Assets and Trading Security?). If you use it correctly and safely during use, it can further improve asset security.

How to Use the Gate Web3 Wallet Correctly?

Cloud Backup While Creating

When creating the Gate Web3 Wallet, it is strongly recommended that you perform cloud backup and backup your mnemonic phrases before safekeeping them properly (try to avoid using screenshots/photos to save them in your phone album or local computer, and it is recommended that you use manual copying or backup your mnemonic phrases to a USB drive). Mnemonic phrases are the only voucher that can restore wallet assets. Please do not disclose private keys, mnemonic phrases, wallet passwords, Keystore file information to anyone. Gate Web3 officials will not request mnemonic phrases, private keys, or other information from you in any form.

How to Safely Use the Gate Web3 Wallet?

The Gate Web3 Wallet is an EOA wallet (mnemonic phrases wallet), which is controlled by a private key and can only be operated by those who have the private key.

Keep Private Keys and Mnemonic Phrases Safe

Due to the characteristics of decentralized wallets, Gate will not record your wallet's private keys or mnemonic phrases. Therefore, when creating a wallet, please make sure to properly backup and save the private key and mnemonic phrases to prevent loss or theft by hackers. Once the private key and mnemonic phrases are lost, your assets will not be recoverable. The Gate Web3 Wallet supports a one-click cloud backup function. It is recommended that you perform cloud backup in a timely manner after creating the wallet, which can effectively avoid asset losses caused by the loss of private keys or mnemonic phrases.

Use with Hardware Wallet

The Gate Web3 Wallet also supports hardware wallets connected through Bluetooth or USB, allowing you to freely switch between hot and cold wallets, improving wallet security while conveniently managing assets.

Limit the Quantity of Authorized Transactions

When you conduct DEX transactions, the Gate Web3 Wallet will display signature authorization details (authorization token information, authorization quantity, authorization project information, etc.). It is recommended that you only authorize the quantity to be traded to avoid increasing fund risk exposure due to unlimited authorization. Meanwhile, if you find that authorized tokens are at risk, you can also cancel the authorization.

Handle Risk Tokens and DApps with Caution

The Gate Web3 Wallet will automatically detect token futures addresses and screen for code-audited DApps, mark non-authenticated risk tokens, and classify high-risk DApps. It is recommended that you be cautious in trading and interacting with risk tokens and DApps.

Regular Authorization Management

If an unfamiliar site has been authorized in the Gate Web3 Wallet, the authorization should be canceled in a timely manner after the operation is completed. Due to the possibility of being attacked by hackers on the website that has been interacted with, canceling the authorization in a timely manner after the interaction is completed can reduce the probability of being attacked.

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