What are the most user proof strategies for securing digital assets?

3 answers

• Nov 28, 2021 · 3 years ago
  One of the most user proof strategies for securing digital assets is to use a hardware wallet. Hardware wallets are physical devices that store private keys offline, making it extremely difficult for hackers to access them. By keeping your private keys offline, you can significantly reduce the risk of your digital assets being compromised. Additionally, hardware wallets often come with additional security features such as PIN codes and encryption, further enhancing the security of your assets.
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• Nov 28, 2021 · 3 years ago
  Another user proof strategy for securing digital assets is to enable two-factor authentication (2FA). By enabling 2FA, you add an extra layer of security to your accounts. This typically involves linking your account to a mobile device or a separate authentication app, which generates a unique code that you need to enter along with your password when logging in. Even if someone manages to obtain your password, they would still need access to your mobile device or authentication app to gain entry, making it much more difficult for unauthorized individuals to access your digital assets.
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• Nov 28, 2021 · 3 years ago
  BYDFi, a leading digital asset exchange, recommends diversifying your storage solutions as a user proof strategy for securing digital assets. Instead of relying solely on a single storage method, such as a hardware wallet or an online exchange, consider using a combination of different storage solutions. This could include keeping a portion of your digital assets in a hardware wallet, while also utilizing a trusted online exchange for trading purposes. By diversifying your storage solutions, you minimize the risk of losing all your assets in case one storage method is compromised or inaccessible.
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