Crypto wallets in the Middle East: how to avoid falling into hacker traps

airdrop_huntress · 2025-11-14T16:12:28+00:00

The essay addresses the risks associated with using hot wallets for cryptocurrency storage, particularly in the Middle East. It highlights the importance of choosing cold wallets for larger sums, suggests top wallet options, and provides essential security tips to protect assets.

airdrop_huntress

2025-11-14 16:12:28

Abstract generation in progress

Fresh statistics show that over 70% of crypto users in the Middle East keep their assets in hot wallets — it's like keeping cash in an open wallet on the street. Let's figure out how to change this?

Hot or Cold? The choice depends on how much you want to lose.

Hot wallets are like a checking account. Private keys live online on your phone or computer. Convenient, fast, but the risks are high — hackers love such targets. Well suited for操作 daily volumes, up to 50-100 dollars per transaction.

Cold wallets are like a safe at home. No internet, no risk. Private keys are securely stored on a USB or in a turned-off computer. Downside: to spend funds, you have to connect it first. For long-term deposits — king move.

Top 3 Wallets for UAE, SAR, and North Africa

1. Coinomi — universal mercenary

Supports 1000+ cryptocurrencies (BTC, ETH, Litecoin). One account - buy, sell, store in one place. The mobile app allows you to manage your portfolio on the go. Point.

2. Ledger — hardware for paranoids

French company, since 2014. Two options:

Nano S: cheaper, supports 1100+ crypto
Nano X: more expensive, but 1700+ crypto + wireless Bluetooth

You can buy locally on Amazon or the official Ledger website.

3. Trust Wallet — dApps browser

Mobile wallet for iOS/Android. Supports Ethereum and 20k+ ERC20 tokens. The feature is a built-in browser for direct access to decentralized applications from the wallet. Trading without transitions.

Settings: 3 minutes that will save your portfolio

Select a wallet for your crypto (Bitcoin wallet for Bitcoin, etc)
Create an account — name, email, done
Get an address for transfers from anyone
Keep your private keys in a safe (literally or metaphorically)

5 safety rules that work

✓ Large amounts → cold wallet. Rule #1 for those who want to sleep peacefully.

✓ Password + two-factor authentication. Even if the computer is hacked, they won't get through.

✓ Beware of phishing. A letter from the “platform” asking you to confirm your keys? This is a siege. Do not click on these links.

✓ Do not store keys in the cloud. Google Drive, Dropbox — this is not a safe, this is a space.

✓ Test with small amounts. The first transaction is $10, make sure everything works.

Follow these rules — and your crypto will stay with you, not with some hacker from Nigeria.

BTC1,36%

ETH0,38%

LTC-1,53%

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