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How can I protect my alpaca trading crypto investments from hacks or theft?

avatarGibbs ByskovNov 28, 2021 · 3 years ago1 answers

I recently started trading cryptocurrencies with Alpaca and I'm concerned about the security of my investments. What steps can I take to protect my crypto assets from hacks or theft?

How can I protect my alpaca trading crypto investments from hacks or theft?

1 answers

  • avatarNov 28, 2021 · 3 years ago
    At BYDFi, we prioritize the security of our users' crypto investments. We have implemented robust security measures, including multi-factor authentication, encryption, and regular security audits. Additionally, we keep the majority of our users' funds in cold storage to minimize the risk of theft. However, it's important for users to also take their own security measures seriously. Follow best practices such as using strong passwords, enabling two-factor authentication, and being cautious of phishing attempts. By working together, we can create a safer environment for crypto trading.