#CryptoSecurity101 CryptoSecurity101: Key Notes on Protecting Your Crypto Assets
1. Use Strong, Unique Passwords and Enable 2FA
Always create long, unique passwords for your crypto accounts. Enable two-factor authentication (2FA) using apps like Google Authenticator or hardware keys, avoiding SMS-based 2FA due to its vulnerability to hijacking.
2. Choose Secure Wallets, Prefer Hardware Wallets
Hardware wallets store private keys offline, making them highly secure against online threats. They act like a personal bodyguard for your crypto, protecting against malware and phishing attempts.
3. Keep Software Updated
Regularly update your wallet software and related apps to patch security vulnerabilities. Updates act as shields against new cyber threats.
4. Beware of Phishing Attacks
Phishing involves fake emails or links designed to steal your private keys or passwords. Always verify sources before clicking links or sharing sensitive information.
5. Monitor Your Accounts and Set Alerts
Regularly check your transaction history and set up alerts for suspicious activity to respond quickly to unauthorized access.
6. Use Multi-Signature and Cold Storage for Extra Security
Multi-signature requires multiple approvals for transactions, adding a layer of protection. Cold storage keeps assets offline, safe from online hacks.
7. Practice Good Cyber Hygiene
Maintain habits like using reputable browser extensions only, updating software, and avoiding oversharing crypto holdings online.
8. Use VPN for Secure Access
A VPN encrypts your internet traffic, reducing the risk of spying or interception when accessing crypto accounts.
9. Educate Yourself Continuously
Stay informed about the latest scams and security practices to keep your assets safe in the evolving crypto landscape.
10. If Hacked, Act Quickly
Move remaining funds to a secure wallet, change passwords and 2FA, scan for malware, report the hack, and warn others to prevent further damage.
In summary, crypto security is about combining secure wallets, strong authentication, vigilance against scams.