#CryptoSecurity101 Cryptocurrency opens up many financial opportunities, but also comes with security risks. Here are some basic principles to help you protect your digital assets:
- Cryptocurrency wallet: Choose the right wallet—hot wallets are convenient but easy to attack; cold wallets are safer because they are not connected to the internet.
- Two-factor authentication (2FA): Always enable 2FA to enhance security when logging into exchanges or wallets.
- Protect your private key: Never share your private key with anyone. This key gives you control over your entire digital asset.
- Be cautious of scams: Avoid strange links, thoroughly check information before investing in cryptocurrency projects.
- Backup your data: Store a copy of your recovery phrase in a safe place to prevent losing access to your wallet.