MODULE 1 - Dan Pentagram
📚 Basic Cryptocurrency Course: Lesson 4 - Protect Your Assets! Best Security Practices 🔒
Congratulations on your first purchase! Now that you have cryptocurrencies, the most important step is to protect them. In the crypto world, you are your own bank, and security depends entirely on you.
Key Security Measures:
Two-Factor Authentication (2FA): 📱 It is an extra layer of security for your account on exchanges like Binance. It requires an additional code (generated on your phone) in addition to your password to log in or make withdrawals. Always enable it!
The Seed Phrase: 📝 When you create a wallet, you are given a series of 12 or 24 words. This is your master key and the only way to recover your funds if you lose your device. Keep it in a safe place offline, such as on paper or a metal plate. Never store it on your computer or in the cloud.
Cold Wallets: 🧊 To store large amounts of cryptocurrencies long-term, a hardware wallet disconnected from the internet is the best option. It keeps your private keys offline, making it almost immune to online attacks.
Beware of Scams: 🚨 Do not share your personal information, do not believe in promises of "gifts" of cryptocurrencies, and never click on suspicious links. Scammers are experts at tricking new users.
Security in the crypto world is a personal responsibility. By following these practices, you will be protecting your investment and building a safer future in the digital ecosystem.
— Dan Pentagram