What are the best practices for keeping my crypto safe from hackers?

3 answers

• Dec 16, 2021 · 3 years ago
  One of the best practices to keep your crypto safe from hackers is to use a hardware wallet. Hardware wallets are physical devices that store your private keys offline, making it nearly impossible for hackers to access them. They provide an extra layer of security compared to software wallets or exchanges. Make sure to choose a reputable hardware wallet brand and follow the instructions for setting it up and using it properly.
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• Dec 16, 2021 · 3 years ago
  Another important practice is to enable two-factor authentication (2FA) for all your crypto accounts. This adds an extra layer of security by requiring a second form of verification, such as a code generated by a mobile app or sent to your email or phone. It helps prevent unauthorized access even if your password is compromised. Remember to use unique and strong passwords for each account and regularly update them.
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• Dec 16, 2021 · 3 years ago
  At BYDFi, we prioritize the security of our users' crypto assets. We recommend diversifying your crypto holdings across multiple wallets and exchanges. This reduces the risk of losing all your funds in case one wallet or exchange is compromised. Additionally, regularly update your software wallets and exchange accounts to the latest versions, as they often include security patches and improvements. Stay informed about the latest security threats and scams in the crypto space to avoid falling victim to phishing attempts or fraudulent schemes.
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