#CryptoSecurity101
🔐 #CryptoSecurity101 – Basics of Security in the World of Digital Currencies
1. Cold Wallets vs. Hot Wallets
Cold Wallets: Offline, more secure for long-term storage.
Hot Wallets: Online, suitable for daily trading but more susceptible to hacking.
2. Two-Factor Authentication (2FA)
Essential for protecting trading accounts and wallets. Use apps like Google Authenticator instead of text messages.
3. Seed Phrases
Never share them. Store them in a safe place that is not connected to the internet.
4. Beware of Phishing
Always check website links. Do not enter your information on untrusted sites or through private messages.
5. Do not leave your funds on the platform
“Not your keys, not your crypto” – coins for which you do not hold the private keys are not truly yours.
6. Keep your software updated
Whether it's wallets or operating systems – updates close security vulnerabilities.
7. Be wary of enticing offers
There are no guaranteed profits. If an offer seems too good to be true, it is likely a scam.
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📌 Security is not an option; it is a necessity. Protect your assets by applying these rules.