Security Best Practices
Best practices to stay secure at all times.
Wallet Security
Hardware Wallet Integration: Use Ledger or Trezor hardware wallets for maximum security when connecting to QuantsEdge. Hardware wallets keep your private keys offline and provide the highest level of protection against online threats.
Seed Phrase Protection: Never share your seed phrase with anyone, including QuantsEdge support. Store it offline in a secure location, never take photos or store it digitally, and consider using a metal backup for fire/water protection.
Multi-Signature Setup: For large accounts, consider using multi-signature wallets that require multiple approvals for transactions, providing an additional layer of security against single points of failure.
Account Security
Two-Factor Authentication: Enable 2FA wherever possible, use authenticator apps instead of SMS when available, and keep backup codes in a secure location separate from your main device.
Regular Security Audits: Review your connected wallets monthly, check for any unauthorized transactions, verify all active trading bots are legitimate, and update your security practices as threats evolve.
Network Security: Only access QuantsEdge from trusted networks, avoid public WiFi for trading activities, use a VPN when necessary, and ensure your home network is properly secured.
Trading Security
Position Limits: Set appropriate position size limits based on your risk tolerance, never risk more than you can afford to lose, and regularly review and adjust limits as your account grows.
Kill Switch Usage: Familiarize yourself with the kill switch functionality, test it regularly to ensure it works properly, and use it immediately if you notice any suspicious activity.
Regular Monitoring: Check your trading activity daily, review all executed trades for legitimacy, monitor for any unexpected behavior, and maintain detailed records of all trading activities.
Emergency Procedures
Suspected Compromise: Immediately stop all trading activities, disconnect your wallet from QuantsEdge, change all passwords and security settings, and contact support at support@quantsedge.ai.
Lost Access: If you lose access to your wallet, follow your wallet provider's recovery procedures, contact support for assistance with QuantsEdge-specific issues, and never share recovery information with anyone claiming to be support.
Regular Backups: Keep offline backups of all important information, test your recovery procedures regularly, and ensure multiple trusted people know your emergency procedures if needed.
Last updated
