What are the best security practices for storing digital currencies on Exodus wallet?

3 answers

• Nov 24, 2021 · 3 years ago
  One of the best security practices for storing digital currencies on the Exodus wallet is to enable two-factor authentication (2FA). This adds an extra layer of security by requiring a second form of verification, such as a code sent to your mobile device, in addition to your password. By enabling 2FA, you can significantly reduce the risk of unauthorized access to your wallet.
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• Nov 24, 2021 · 3 years ago
  Another important security practice is to regularly update your Exodus wallet to the latest version. Wallet updates often include security patches and bug fixes that can help protect your digital currencies from potential vulnerabilities. By keeping your wallet up to date, you can ensure that you are benefiting from the latest security enhancements.
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• Nov 24, 2021 · 3 years ago
  At BYDFi, we highly recommend using a hardware wallet, such as a Ledger or Trezor, for storing your digital currencies. Hardware wallets provide an extra layer of security by keeping your private keys offline and away from potential online threats. By using a hardware wallet in conjunction with the Exodus wallet, you can enjoy the convenience of a user-friendly interface while maintaining the highest level of security for your digital currencies.
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