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How to protect your cryptocurrencies from hacking

• Use cold wallets. Store your assets on offline wallets or physical devices, such as Ledger or Trezor. They are not connected to the Internet: ideal for long-term storage.

• Do not store coins for long-term investments on exchanges. Just this Friday, Bybit was hacked for $1.46 billion. If you bought BTC for 10 years, then it makes sense to store it on a hardware wallet, the exchange should only have those assets that are used for trading or generate passive income.

• Diversify your assets. Distribute your crypto between different exchanges and wallets. Logic: one - hacked, two - remained intact.

• Use 2FA and seed phrase backups. Enable 2FA on all platforms, make seed phrase backups and store them in a safe place (in a safe or under your pillow).

• Phishing protection. Use VPN, antivirus and be careful with suspicious links.

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