How to Protect Yourself from Cryptocurrency Platform Hacks?
With the increase in data breach incidents like the recent Coinbase hack, it has become essential for every cryptocurrency investor to take steps to protect themselves, not only from financial losses but also from physical threats.
Here are the basic protection steps:
1. Use a dedicated email and phone number for cryptocurrency.
2. Do not link your personal account to trading platform accounts.
Hide your identity as much as possible.
3. Do not share pictures or personal information on social media that show you own cryptocurrencies.
4. Use Cold Wallets
Store the majority of your cryptocurrencies in offline wallets.
5. Do not save real addresses on platforms.
Use P.O. boxes or dedicated addresses when you need to enter an address.
6. Enable Two-Factor Authentication (2FA)
It is preferable to use apps like Authy or Google Authenticator instead of text messages.
7. Monitor your accounts constantly.
Check for any suspicious activities and enable security alerts.
Think about real privacy.
Do not talk about your profits or large investments in public.
Important Reminder:
Even the strongest platform is not completely immune, so you are your first line of defense. Make security a priority, not a luxury.