Safety and scamsIntermediate
Multisig wallets
A wallet that needs several keys, for example 2 of 3, to approve a transaction.
- What it means
- One stolen key alone cannot move the coins, and with one key lost the other keys can still approve.
- What to watch
- The extra setup, where each key is kept (each in a separate place), and what happens if more than one key is lost.
- How Compass-Alpha uses it
- Background only; not used in any figure on Compass-Alpha.
Free guides and tools
Crypto Fear & Greed IndexBitcoin DCA calculatorCrypto taxCrypto basics
More in Safety and scams
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Messages or tokens that promise a free airdrop to lure you to a look-alike website.
Seed phrase safety
A seed phrase is 12 or 24 words that can restore your whole wallet on any device.