Reasons why you should be using a Burner Wallet🔥 [Web3 Security]
Author: 0xOhm.eth @ Wallet Guard
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So you’ve heard the term Burner Wallet but have no idea what it is. Look no further, this guide will give you an overview of what a Burner Wallet is and how it can be used.
◻️ Secure your assets 💰
◻️ Maintain your privacy 🕵️
◻️ Test out new projects 💻
◻️ How to create a Burner Wallet 🔥
💰 Secure your assets //
By using a burner wallet for your web3 transactions, you can increase the security of your assets and protect them from potential threats. If you happen to interact with a malicious transaction, your other wallets will remain safe.
🕵️ Maintain your privacy //
A burner wallet can help you maintain privacy in your transactions, but it’s important to remember that your operational security (OpSec) in funding the burner wallet will greatly affect the level of privacy you can achieve.
💻 Test out new projects //
Want to try out a new dApp or ICO without risking your main assets? A burner wallet is a perfect solution.
🔥 How to create a Burner Wallet //
1️⃣ Create account
By clicking on this you will create a new account on your MetaMask with a brand new ETH Address (EOA)
2️⃣ Name the Wallet
3️⃣ New Burner Wallet is created
Wallet Guard //
If this is your first time coming across Wallet Guard we offer a chrome extension designed to combat scams/phishing in Web3.
Our extension acts as a security companion to your crypto wallet of choice. Check us out at WalletGuard.app
