In the world of cryptocurrencies, security is the most important thing to consider before making a profit or trading. Many investors have lost their wallets due to simple negligence or overconfidence in a platform or suspicious link.
The first rule of crypto security: "Not your keys, not your coins." Always make sure you own the private keys or recovery phrase for your wallet. Never share them with anyone, even if they pretend to be technical support!
Secondly, use cold wallets to store large amounts of cryptocurrencies away from the internet, such as Ledger or Trezor. Hot wallets should only be used for daily trading.
Thirdly, enable two-factor authentication (2FA) on all your accounts, and stay away from random links and suspicious ads.
Fourthly, monitor official updates from platforms, and do not share your financial information in untrusted groups or sites.
Security in crypto is your personal responsibility. Securing your wallet = Securing your future.
Are you securing your wallet correctly?