Cryptocurrencies have quite quickly become a lot more mainstream than before, but it’s still a very novel thing and that means learning good habits and how to keep yourself safe from scratch just like we all needed to learn to do so with physical cash and cards before. While it can seem scary and hard to stay safe it can be broken down into simpler parts which is what we’ll do today. We hope that after reading this text you’ll have a better understanding of how to keep your crypto out of malicious hands and perhaps even have fun learning about all the different systems and methods you can use. We also suggest staying on top of news on sites like Crypto News and other publishers who have insiders and follow the latest crypto buzz. Let’s get into the details.
Two-factor authentication is a lifesaver
This goes for pretty much all of your accounts but is of course most important for your cryptocurrency as it’s related to money. Two-factor authentication makes it so that someone needs to get a hold of your email/phone and your account at the same time in order to actually access anything. This way if only one is compromised you are still safe and don’t need to worry about losing your funds.
Set up a strong password and also get two-factor authentication as it really can save you. You may think that there’s no way someone is getting access to your account anyway so you don’t need it but it’s better to be safe than to take risks like that. It’s incredibly convenient to use anyway as modern 2FA apps have begun making it faster and easier to log in than ever before. Don’t risk it, get 2FA.
Get a physical wallet
While the fastest and simplest solution to getting a wallet is an online one, there are quite a few risks that go along with them that should be considered. If you leave your crypto in the hands of an exchange then you risk losing it all if that exchange becomes compromised in some way. Other online wallets can also be…
