Part 5/11:
Trust in a wallet’s security is vital. Opt for wallets that have undergone independent third-party security audits. These assessments, published by reputable security firms, verify that the wallet is free from backdoors and vulnerabilities. Moreover, the best wallets are periodically re-audited whenever new features are released, ensuring ongoing security integrity.
4. User Authentication Protections
Protection measures like PIN codes or passwords are essential. They guard against unauthorized access if someone manages to physically obtain your device. Devices without such protections should be immediate red flags.