#CryptoSecurity101
Number 5
3. Strengthen your trading platforms: Make sure to secure your trading position
Trading platforms are like vibrant cryptocurrency markets, where buying, selling, and trading happen at lightning speed. But just as you wouldn't leave your wallet unattended in a crowded market, don't skimp on securing your accounts on trading platforms.
Best security practices for trading platforms
Choose reliable trading platforms: Look for trading platforms with a strong track record of robust security measures. Both Coinbase, Binance, and Kraken have heavily invested in security protocols.
Enable two-factor authentication (2FA) on your trading platform account: This is non-negotiable. Even if a hacker gains access to your password, two-factor authentication (2FA) acts as an additional barrier.
Withdraw funds regularly: Do not leave large amounts of cryptocurrency on trading platforms for extended periods. Use them for trading, and then transfer your funds to a secure wallet.
Be vigilant against phishing attempts: Always ensure you are on the official site before logging in. Add your trading platform to favorites and use it consistently to avoid phishing links that mimic the real site.
