# Keeping Your Crypto Safe

By [wifimosquito.eth](https://paragraph.com/@wifimosquito) · 2023-03-19

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Gnosis Safe: A Comprehensive Guide
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**Gnosis Safe** is a decentralized, multi-signature wallet that enables users to store and manage their cryptocurrencies securely. It is a highly trusted platform that is built on the Ethereum blockchain.

![](https://storage.googleapis.com/papyrus_images/c0b3973b81788358884b187cda4044ae67d834e251d4aab4e3991a850f4bd0ac.png)

What is Gnosis Safe?
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Gnosis Safe is a smart contract wallet that allows users to securely store their digital assets, execute transactions, and manage access permissions. The platform uses advanced cryptography techniques to ensure that all transactions are secure and tamper-proof. The wallet can be accessed through a web interface, or users can choose to download the mobile application for iOS or Android devices.

![](https://storage.googleapis.com/papyrus_images/d52893149000287d9aa7e3224fa18e59ed11ba8fd283565328a853176c813beb.png)

This service is used by a large number of **DAO,** some of them:

*   1inch
    
*   AAVE
    
*   Uniswap
    
*   Sushi
    
*   Lido DAO
    
*   Polygon
    
    The company has been creating its solutions since 2016 and during this time there has not been a single problem with hacks, not a single scandalous story with user funds.
    

[Currently stored in a safe $38,840,269,257 or 1,826,913 ETH](https://dune.com/anthonyricher/gnosis-safe-mainnet), you can see additional metrics by clicking on the link.

![](https://storage.googleapis.com/papyrus_images/d66cfa434e60a1265fa8d069216b8827dcde920fb0a20a319f3353b015076b11.png)

How to use Gnosis safe
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To use Gnosis Safe, users must first create a new wallet and set up the required security measures. This includes selecting the appropriate authentication methods, such as passwords, two-factor authentication, and biometric authentication. Once the wallet is set up, users can then start adding their digital assets to the wallet.

*   Create new safe
    

![](https://storage.googleapis.com/papyrus_images/b7836262beac242647c0d0cead077ef4d41b031240c13d2ce83946d903346e38.png)

*   Connect your wallet
    

![](https://storage.googleapis.com/papyrus_images/74d944549d4bad0f946eb15c2108775beb43adb818e5345faa60ec9bb68742a1.png)

*   name your wallet and choose network
    

![](https://storage.googleapis.com/papyrus_images/02f87cf0308de465c6bdc88154eaa50cb51c8ccdc931b9983fc9262424516506.png)

*   add the number of signers who will approve transactions
    

![](https://storage.googleapis.com/papyrus_images/eec04b1fad15ef6c672fd8fd2274d4abbb6965308be8f0b507a462b2dfe409b4.png)

*   click Next
    

![](https://storage.googleapis.com/papyrus_images/4e8fa071ac94ae0534d4e143222b710783acd3c9d6c10b1c49e8ce24abaa7a05.png)

*   we have successfully created a safe and an address to which we can send assets in the BNB network
    

![](https://storage.googleapis.com/papyrus_images/fc27f50f38b4278f83b0cb87f9d064449e2bb45e390eb75289de3189aabb8d58.png)

*   to create transaction click new transaction, fill in the fields and proceed further
    

![](https://storage.googleapis.com/papyrus_images/95c4d049a58a2647e507d52ec7950b84b1584b66ae7f13ac5a74a80c4d81581d.png)

*   Sign your transaction with two wallets, done, you have just made your first transaction
    

For your convenience inside the safe you can interact with various applications such as 1inch by exchanging your assets inside the safe itself

![](https://storage.googleapis.com/papyrus_images/81d1db792798cda73d2283659566ac8ee0e8260cca3929a72346fea126e179e7.png)

Overall, Gnosis Safe is a secure place for storing crypto assets, and its emphasis on security and user control makes it a popular choice for users who want to keep their assets safe.

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*Originally published on [wifimosquito.eth](https://paragraph.com/@wifimosquito/keeping-your-crypto-safe)*