#CryptoSecurity101
Crypto Security 101: Protect Your Digital Assets
In the world of cryptocurrencies, security is key. Understanding threats and applying protective measures is essential to safeguard your digital assets.
Common Threats Phishing: Scam attempts to steal your sensitive information (private keys, seed phrases). Malware: Malicious software designed to steal your crypto. Scams: Deceptions that trick you into willingly giving up your funds. Hacks on Exchanges: Centralized platforms can be targets of attacks. Essential Security Practices
Choose Your Wallet Wisely:
Hardware Wallets (Cold Wallets): Physical devices that store your keys offline. They are the safest for large amounts. E.g.: Ledger, Trezor. Software Wallets (Hot Wallets): Applications on your computer or phone. Convenient, but more vulnerable online. Avoid Exchanges for Long-Term Storage: Do not leave large amounts of crypto on exchange platforms.
Protect Your Private Key and Seed Phrase:
Never share them. Keep them offline: Write them down and store them in safe, physical places. Do not make digital copies.
Enable Two-Factor Authentication (2FA):
Always use it when possible on your crypto accounts, especially on exchanges. Prefer authentication apps (Google Authenticator, Authy) over SMS 2FA.
Be Cautious of Phishing and Scams:
Always verify the URLs of websites. Be suspicious of unsolicited emails or messages asking for information. Never click on suspicious links.
Good Digital Hygiene:
Use strong and unique passwords for each account. Keep your operating system and antivirus updated. Avoid using public Wi-Fi to access your crypto accounts.