#CryptoSecurity101

#CryptoSecurity: Securing cryptocurrency in spot trading is critical due to risks like hacks, scams, and user errors. Use reputable exchanges—centralized (e.g., Binance) for ease or decentralized (e.g., Uniswap) for control—but always research their security history. Store assets in hardware wallets (e.g., Ledger) or cold storage for long-term safety, keeping private keys offline. Enable two-factor authentication (2FA), preferably app-based, not SMS, to protect accounts. Avoid sharing private keys or seed phrases, and beware of phishing scams mimicking legitimate platforms. Use strong, unique passwords and update them regularly. Monitor transactions and enable withdrawal whitelists to restrict unauthorized transfers. Stay cautious of social engineering and unverified airdrops. Regularly update software and use secure networks, avoiding public Wi-Fi. For trading, verify smart contracts on DEXs to avoid exploits. Prioritizing these measures safeguards funds in volatile crypto markets, balancing accessibility with robust protection.