Yoroi Wallet is a Safe Wallet
Last updated
Last updated
Is Yoroi Wallet Safe?
Yoroi wallet is a safe wallet to use. You are in control of the private keys. As a result, nobody else can access your ADA in your Yoroi. Just make sure that you keep your private keys private. Don’t give them to anybody. Whoever has access to these private keys, has also access to the coins in that wallet.
Make sure to write down the seed phrase, which can be a 15- or 24- word seed phrase. Keep it in at least two different and safe locations.
Furthermore, you can connect Yoroi to a Ledger or Trezor hardware wallet. Now you can transfer your ADA to cold storage. This is also known as a hardware wallet.