HOW TO SECURE YOUR CRYPTO ACCOUNT?
Cryptocurrency can be rewarding but dangerous, especially with so many cybersecurity risks. So how should you protect your crypto?
When it comes to keeping your cryptocurrencies secure, the blockchain industry today provides many security measures. From trading to storing and using your crypto, simple tips are effective in keeping your funds safe. In terms of storage, each alternative has its benefits and drawbacks, so it's essential to understand the trade-offs. As always, make sure to do proper research into anywhere you’re putting your money or crypto.
If you signed up for your exchange or chosen trading method, follow standard good practices to keep your account safe. These tips are no different from those you would use for your online bank account or other sensitive information. Preventing people from getting access to your account and its funds is easy by:
1. Using a strong password you regularly change. The password should not include identifiable personal information like your date of birth, for example. Make sure it is also long, is unique to that account, and contains symbols, numbers, and lowercase and uppercase letters.
2. Enabling Two-Factor Authentication (2FA). If your password is compromised, 2FA using your mobile device, authenticator app, or YubiKey acts as a second level of protection. You need to use both your password and the 2FA method together when logging in.
3. Watching out for phishing attacks and scams via email, social media, and private messages. Fraudsters frequently impersonate exchanges and trusted individuals to try and steal your funds.
4. For maximum safety, consider investing in a Virtual Private Network (VPN). A good VPN will encrypt your communications and hide your online activities from potential intruders while hiding all cryptographic activities from your Internet Service Provider (ISP).
Pro-tip: You also should not download software from unknown sources as it may contain malware
Cryptocurrency can be rewarding but dangerous, especially with so many cybersecurity risks. So how should you protect your crypto?
When it comes to keeping your cryptocurrencies secure, the blockchain industry today provides many security measures. From trading to storing and using your crypto, simple tips are effective in keeping your funds safe. In terms of storage, each alternative has its benefits and drawbacks, so it's essential to understand the trade-offs. As always, make sure to do proper research into anywhere you’re putting your money or crypto.
If you signed up for your exchange or chosen trading method, follow standard good practices to keep your account safe. These tips are no different from those you would use for your online bank account or other sensitive information. Preventing people from getting access to your account and its funds is easy by:
1. Using a strong password you regularly change. The password should not include identifiable personal information like your date of birth, for example. Make sure it is also long, is unique to that account, and contains symbols, numbers, and lowercase and uppercase letters.
2. Enabling Two-Factor Authentication (2FA). If your password is compromised, 2FA using your mobile device, authenticator app, or YubiKey acts as a second level of protection. You need to use both your password and the 2FA method together when logging in.
3. Watching out for phishing attacks and scams via email, social media, and private messages. Fraudsters frequently impersonate exchanges and trusted individuals to try and steal your funds.
4. For maximum safety, consider investing in a Virtual Private Network (VPN). A good VPN will encrypt your communications and hide your online activities from potential intruders while hiding all cryptographic activities from your Internet Service Provider (ISP).
Pro-tip: You also should not download software from unknown sources as it may contain malware
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.