What are the best tips for Polymarket security?

By enabling Two-Factor Authentication (2FA), Polymarket account holders can significantly enhance their account's security against unauthorized access.

Feb 12, 2025 at 01:36 pm

Key Points

• Use a strong password. Your password is the key to your Polymarket account, so make sure it's strong and unique. Don't use a password that you use for any other online account.
• Enable two-factor authentication (2FA). 2FA adds an extra layer of security to your account by requiring you to enter a code from your phone or email in addition to your password.
• Be careful about who you share your account details with. Only share your account details with people you trust.
• Keep your software up to date. Polymarket releases regular software updates that patch security vulnerabilities. Make sure to install these updates as soon as possible.
• Be aware of phishing scams. Phishing scams are attempts to trick you into giving up your account details. Be wary of emails or websites that ask you to enter your password or other personal information.
• Use a hardware wallet. A hardware wallet is a physical device that stores your cryptocurrency offline. This can help protect your cryptocurrency from hackers, even if your computer is compromised.
• Back up your account. In the event that something happens to your computer or your account is compromised, you can use a backup to restore your account.

Article body

1. Use a strong password and enable 2FA

Your password is the key to your Polymarket account, so it's important to make sure it's strong. A strong password is at least 12 characters long and includes a mix of upper and lowercase letters, numbers, and special characters. Don't use a password that you use for any other online account.

2FA adds an extra layer of security to your account by requiring you to enter a code from your phone or email in addition to your password. This makes it much harder for hackers to access your account, even if they have your password.

2. Be careful about who you share your account details with

Only share your account details with people you trust. If you share your account details with someone else, they will have access to all of your Polymarket funds and data.

3. Keep your software up to date

Polymarket releases regular software updates that patch security vulnerabilities. Make sure to install these updates as soon as possible. Outdated software can leave your account vulnerable to hackers.

4. Be aware of phishing scams

Phishing scams are attempts to trick you into giving up your account details. Be wary of emails or websites that ask you to enter your password or other personal information. Polymarket will never ask you to enter your password or other personal information in an email or on a website.

5. Use a hardware wallet

A hardware wallet is a physical device that stores your cryptocurrency offline. This can help protect your cryptocurrency from hackers, even if your computer is compromised. Hardware wallets are especially useful for storing large amounts of cryptocurrency.

6. Back up your account

In the event that something happens to your computer or your account is compromised, you can use a backup to restore your account. Polymarket allows you to create a backup of your account by exporting your private key.

FAQs

• What is the best way to store my Polymarket funds?

The best way to store your Polymarket funds is to use a hardware wallet. Hardware wallets are physical devices that store your cryptocurrency offline, which makes them much more secure than software wallets.

• What should I do if I think my account has been compromised?

If you think your account has been compromised, you should immediately change your password and enable 2FA. You should also contact Polymarket support.

• How can I recover my account if I lose my password?

If you lose your password, you can recover your account by using your private key. Your private key is a long string of characters that is generated when you create your account. You should store your private key in a safe place, such as a password manager.