ApeX

    ApeX Security Guide

    Protect your crypto with wallet security best practices, scam prevention, and emergency protocols

    Arbitrum-Compatible Wallet Comparison

    WalletTypeSecurityEase of UseBest For
    LedgerHardwareVery HighMediumLarge holdings, long-term storage
    TrezorHardwareVery HighMediumLarge holdings, open-source preference
    MetaMaskSoftware (Browser/Mobile)MediumHighDaily trading, beginners, DeFi
    RabbySoftware (Browser)MediumHighPower users, multi-chain traders
    OKX WalletSoftware (Browser/Mobile)MediumHighOKX exchange users, mobile trading
    Brave WalletSoftware (Browser)MediumHighBrave browser users, privacy-focused
    Coinbase WalletSoftware (Mobile)MediumHighCoinbase users, mobile-first traders

    Important: Arbitrum Compatibility Only

    ApeX Protocol operates on Arbitrum and Ethereum-compatible chains. Do NOT use: Phantom (Solana), Keplr (Cosmos), or other non-EVM wallets. They won't work with ApeX and could result in lost funds if you send assets to incompatible addresses.

    Self-Custody Best Practices

    Seed Phrase Security
    Write it down physically: Use pen and paper, never store digitally. Metal backup plates (e.g., Cryptosteel) offer fire/water protection.
    Store in multiple secure locations: Keep copies in different physical locations (home safe, bank deposit box). Never keep all copies in one place.
    Never share with anyone: No legitimate service will ever ask for your seed phrase. Not support, not developers, not "wallet verification".
    Test recovery before large deposits: Create a new wallet, write down seed phrase, delete it, recover it. Verify the process works.
    Never: Take photos, save to cloud, email, text message, or store in password managers
    Enable 2FA & Multi-Wallet Strategy
    Use hardware 2FA: Prefer hardware security keys (YubiKey) over SMS/app-based 2FA for exchanges and email accounts.
    Separate hot and cold wallets: Use hardware wallet for 80%+ of holdings (cold storage), software wallet for daily trading (hot wallet).
    Multi-signature for large amounts: For institutional or very large holdings, consider multi-sig wallets requiring 2-of-3 or 3-of-5 signatures.

    Common DeFi Scams & How to Avoid Them

    Verifying Contract Addresses

    1. 1

      Get Address from Official Source

      Only trust contract addresses from official sources: apex.exchange website, verified Twitter account, official docs, or CoinGecko/CoinMarketCap with green checkmark.

    2. 2

      Cross-Reference Multiple Sources

      Verify the contract address matches across at least 3 independent official sources. Scammers can fake one source, but not all.

    3. 3

      Check on Arbiscan

      Visit Arbiscan.io and search for the contract address. Verify:

      • Contract is verified (green checkmark)
      • Holder count matches expected range
      • Transaction history looks legitimate
      • Token name and symbol are exact match

    Dedicated DeFi Browser Profile
    Create a separate browser profile: Use Chrome/Brave profiles or Firefox containers exclusively for DeFi. Never use this profile for general browsing.
    Only install essential extensions: MetaMask/Rabby + ad blocker. More extensions = more attack surface.
    Bookmark official sites: Save apex.exchange, Uniswap, bridges, etc. Only access via bookmarks, never search engines.
    Browser Security Settings
    Enable "Do Not Track" and disable third-party cookies
    Install uBlock Origin or similar ad blocker
    Clear cache and cookies after each trading session
    Use HTTPS Everywhere extension

    If Your Wallet is Compromised

    Act immediately if you suspect your wallet has been compromised. Every second counts.

    1. 1

      Transfer Funds Immediately

      Create a NEW wallet with a NEW seed phrase on a clean device. Transfer all funds (tokens, NFTs, everything) to the new wallet as quickly as possible. Prioritize high-value assets first.

    2. 2

      Revoke All Approvals

      Use Revoke.cash or Etherscan to revoke ALL token approvals on the compromised wallet. This prevents attackers from draining tokens even if they have access to your wallet.

    3. 3

      Scan for Malware

      Run full antivirus/anti-malware scan on all devices that accessed the wallet. Consider reformatting if trojan/keylogger is found. Change all passwords from a clean device.

    4. 4

      Investigate & Document

      Review transaction history on Arbiscan to understand how the compromise occurred. Document everything for potential law enforcement or exchange freeze requests. Learn from the mistake to prevent recurrence.

    Important: NEVER attempt to recover a compromised wallet. Consider it permanently burned. The seed phrase/private key is exposed and can never be secure again. Always create a completely new wallet.

    Frequently Asked Questions

    Disclosure & Disclaimer

    No affiliation

    whatisapex.com is not affiliated with, endorsed by, or sponsored by ApeX Omni Protocol, APEX or ApeX DAO, or any other centralized or decentralized exchange, protocol, or company. ApeX Omni Protocol is an independent decentralized exchange protocol.

    Educational use only

    All content on this website is for educational and entertainment purposes only. Nothing here constitutes financial, investment, trading, accounting, tax, or legal advice.

    High-risk warning

    Perpetual futures are highly speculative and may result in substantial or total loss of capital. Leverage amplifies gains and losses. Trade only with money you can afford to lose. Always do your own research and consider seeking advice from a qualified professional.

    Affiliate disclosure

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    User responsibility

    By using this website and any linked platforms, you acknowledge these risks and agree that you trade at your own discretion and responsibility.