#CryptoSecurity101

While purchasing cryptocurrency is relatively easy, securely storing it requires completely different knowledge and skills. Therefore, there is an urgent need for ideas to help maintain the security and integrity of cryptocurrencies.

As is known, cryptocurrencies rely on encryption. Cryptography is the study of secure communication techniques. Thus, it can be said that it is impossible to hack the blockchain or compromise a private key because attempting to break an algorithm protected by encryption requires an enormous amount of computational power not available in today's computers. However, the threat is not about breaking the encryption as much as it targets the misuse by users targeted by scammers and hackers.

10 tips to maintain the security of digital currencies:

Beware of phishing attempts

Avoid storing cryptocurrencies on cryptocurrency exchange platforms

Buy a hardware wallet

Avoid public Wi-Fi networks

Ensure device safety

Enable two-factor authentication

Beware of gambling sites on Bitcoin

Do not join pump and dump groups

Use strong passwords

Keep your private keys safe

Frequently asked questions about securing digital currencies