#CryptoSecurity101 How to Protect Your Crypto Assets.

Hot and cold wallets are essential tools for managing cryptocurrencies, but they differ in security and accessibility. Hot wallets, connected to the internet (like mobile apps or exchanges), are ideal for quick transactions but vulnerable to hacks. Cold wallets, such as hardware devices or paper, store private keys offline, offering maximum security, although they are less practical for daily use.

Personally, I recommend a mix of both. I use a hot wallet for small amounts I need for trading or quick payments, and a cold wallet (like Ledger or Trezor) to store most of my assets long-term. This balances convenience and security.

Crypto Asset Management and Security:

Private Keys: I never share them and store them in secure places, like a cold wallet or a safe.

Two-Factor Authentication (2FA): I enable 2FA on all my exchange accounts.

Backup: I keep encrypted backups of my keys in secure physical locations.

Updates: I keep the software of my wallets updated to avoid vulnerabilities.

Best Practices to Stay SAFU:

Avoid sharing sensitive information on social media.

Use unique and strong passwords.

Always verify the URLs of sites to avoid phishing.

Diversify your assets across multiple wallets.

Adopting these practices minimizes risks and protects your crypto assets.

Stay SAFU!