What measures can I take to protect my crypto investments from hacking?

3 answers

• Dec 18, 2021 · 3 years ago
  One important measure to protect your crypto investments from hacking is to use a hardware wallet. Hardware wallets are physical devices that store your private keys offline, making it extremely difficult for hackers to access your funds. They provide an extra layer of security compared to software wallets or exchanges. Make sure to choose a reputable hardware wallet brand and follow the instructions carefully to set it up and use it securely.
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• Dec 18, 2021 · 3 years ago
  Another measure you can take is to enable two-factor authentication (2FA) for all your crypto accounts. 2FA adds an extra layer of security by requiring you to provide a second form of verification, such as a code generated by a mobile app, in addition to your password. This makes it much harder for hackers to gain unauthorized access to your accounts even if they manage to obtain your password.
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• Dec 18, 2021 · 3 years ago
  At BYDFi, we highly recommend using a combination of a hardware wallet and a secure password manager to protect your crypto investments. A password manager can help you generate and store strong, unique passwords for each of your crypto accounts. This reduces the risk of password-related vulnerabilities and makes it more difficult for hackers to guess or crack your passwords. Remember to regularly update your passwords and enable any additional security features provided by your password manager.
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