Recently, the crypto world was shaken by the largest hacking case in history: the theft of $1.5 billion or around IDR 24.46 trillion worth of Ethereum from Bybit. Crazy, right? This is an important reminder for all of us that security in crypto investments cannot be taken lightly. One wrong step, and your assets can disappear just like that!

Crypto is indeed full of profit opportunities, but there are also many traps. Hackers, scammers, and con artists are always looking for loopholes to exploit other people's assets. That's why, to avoid being deceived or hacked, here are five simple tips to keep your crypto investments safe.

1. Use a Secure Wallet

Think of your crypto wallet like your digital wallet. There are two main types you need to know:

  • Hot Wallet: This is a wallet that is always connected to the internet, like MetaMask, Trust Wallet, or wallets on exchanges like Binance.

  • Cold Wallet: This is a hardware wallet (like Ledger or Trezor) that is not connected to the internet. The safest for storing long-term assets.

If you trade frequently, you might need a hot wallet for quick transactions. But if you want to store large amounts of assets, a cold wallet is the safest choice.

And one important thing: back up your wallet's seed phrase in a safe place! It can be on physical notes or on an offline device. Never tell your seed phrase to anyone! Once someone else knows, your assets are done for.

2. Activate Two-Factor Authentication (2FA)

Never underestimate the power of 2FA! This feature can provide an extra layer of protection for your account. So, even if your password gets leaked, hackers will still need an additional code to log in.

Tips for using 2FA:

  • Use Google Authenticator or Authy, don't use SMS! SMS is very easy to hack using SIM swapping techniques.

  • Activate 2FA for your exchange account, wallet, and email connected to your crypto.

  • Store your 2FA recovery code in a safe place so you don't lose access if your phone gets lost.

3. Be Cautious of Suspicious Emails & Phone Calls

Phishing attacks are still the main weapon hackers use to deceive people. They will pretend to be official services like exchanges or wallet providers to obtain your data.

How to avoid phishing traps:

  • Never click on suspicious links in emails, messages, or social media.

  • Check the sender's email address! Many hackers create addresses similar to the original, but with slight differences.

  • Never share your private key or seed phrase with anyone! Official exchanges and wallets will never ask for that.

  • Use bookmarks to access your exchange or wallet site to avoid getting lost on fake sites.

If you receive a suspicious email, check directly on the official website or ask the official customer service.

4. Choose a Trusted Exchange

An exchange is like a bank for your crypto, so you need to choose one with a strong security system. Don't just put your assets anywhere!

Tips for choosing a safe exchange:

  • Security: Must have 2FA features, cold storage, and a strong encryption system.

  • Regulation: Choose an exchange that has an official license for added security.

  • Insurance: Some large exchanges provide protection in case of hacking.

  • Reputation: Check user reviews and see their track record in handling security.

Nah, if you're looking for an exchange with solid security, Binance is the best choice. Binance has a layered security system, including SAFU (Secure Asset Fund for Users) which can protect user funds from unexpected events. So, if you want to trade or invest with peace of mind, Binance could be the right choice!

Sign up now at Binance and start your crypto investment journey safely here: https://accounts.binance.me/en/register

5. Stay Updated on Crypto Security Issues

The crypto world continues to evolve, as do the ways hackers hack people's accounts. That's why you need to stay updated on the latest security threats.

How to stay up-to-date:

  • Follow news from trusted media like CoinDesk, CoinTelegraph, or official exchange blogs.

  • Join crypto communities (Telegram, Twitter, Discord) to get information directly from other users.

  • Learn about the latest scam techniques, like malware, phishing, or rug pulls, so you won't easily get trapped.

The more you know about security, the less likely you are to become a hacker's victim.

Conclusion

Crypto security is the responsibility of each investor. You can make big profits from crypto, but if you're careless, your assets can disappear in an instant! Don't become a hacker's victim just because you're lazy about security.

By applying the five tips above, you can invest with more peace of mind. And if you're looking for a safe exchange with layered protection features, trusted by millions of users worldwide, Binance could be the right choice! ๐Ÿ’ช

So, stay vigilant and take good care of your crypto assets! ๐Ÿš€