Protecting Your Cryptocurrency Holdings
The Bitcoin.com Wallet app offers robust security features to safeguard your Bitcoin and other cryptocurrencies. Here are the key measures you can implement:
1. App Lock Functionality
Enable this feature in Settings > App Preferences:
- Requires PIN, fingerprint, or facial ID upon each app opening
- Prevents unauthorized access if your device is lost or stolen
2. Payment Authentication
For extra security on individual wallets:
- Tap the 3-dot menu on your wallet screen
- Toggle "Request Payment Authentication"
This requires verification for:
- Transaction creation
- Wallet exports
- Backup phrase access
3. Home Screen Lock
Device-level protection:
- Integrates with your phone's native lock settings
- Uses existing PIN/biometric authentication
- Provides first layer of security before accessing apps
Advanced Security Options
Shared (Multisignature) Wallets
Multi-party controlled wallets offer:
- Enhanced security through distributed control
- Business use cases (corporate treasuries)
- Family financial management solutions
- Collaborative investment accounts
👉 Learn more about multisig wallet setups
Wallet Backup Essentials
Critical steps for secure backups:
- Create a strong recovery password
- Store it securely offline (never digitally)
- Test recovery process periodically
- Update backup after significant changes
Security Best Practices Checklist
| Priority | Action Item | Frequency |
|---|---|---|
| High | Enable all available authentication methods | One-time setup |
| High | Verify backup integrity | Quarterly |
| Medium | Review wallet access logs | Monthly |
| Medium | Update app immediately when available | As released |
Frequently Asked Questions
Q: How often should I change my wallet PIN?
A: We recommend changing your PIN every 3-6 months, or immediately if you suspect compromise.
Q: Can I recover funds without a backup?
A: Without your recovery phrase and password, funds are permanently inaccessible. This emphasizes backup importance.
Q: Are shared wallets more secure than single-signature?
A: Multisig provides superior security through distributed control, making them ideal for significant holdings.
Q: What happens if my biometric authentication fails?
A: The app defaults to PIN entry after multiple failed biometric attempts, maintaining access security.
👉 Discover advanced wallet security strategies
Final Security Recommendations
- Always install official app updates promptly
- Never share authentication details
- Consider a dedicated security device for large holdings
- Educate all wallet users on security protocols
Remember: Your wallet security depends equally on technology and personal practices. Combining these features with vigilant habits provides optimal cryptocurrency protection.