# Important Notes When Using a Web3 Wallet

Decentralization means you have full control over your assets. It also means you are solely responsible for the security of your private keys and wallet credentials. Please take the following precautions:

1. Back up your mnemonic phrase or private key promptly. Losing them will result in permanent loss of access to your assets.
2. Create a strong wallet password and store it securely. Luffa does not store or recover your password.
3. Beware of fraud and phishing attacks.
4. Exercise caution when clicking links or downloading software from unknown sources.

Luffa Web3 Wallet does not store your password, mnemonic phrase, or private key, and never transmits them to any external server.


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