3 Best Tips To Keep Your Bitcoin Safe

 3 Best Tips To Keep Your Bitcoin Safe

 

Cryptography is the science of communication in front of foreign companies called enemies who can read and convert messages sent between two parties in such a way that only the intended recipients can read, understand, and interpret them without the risk of having their own message. taken or modified by anyone else. Cryptography has been with us for a long time, but the emergence of Bitcoin and other cryptocurrencies has further strengthened your value. Here are 3 best cryptography tips to keep your Bitcoin secure

 

Download Crypto Custody

Trade is still in jeopardy, but keeping your digital assets private can protect you. One of the best ways to do that is to have cold storage. Cold storage is a way to keep bitcoin or other digital assets offline (not connected to any network). And while it may seem unnecessary, because of recent events, you may want to look at it again. If you need some help with choosing a secure crypto wallet and other digital assets, we recommend that you check out our wallet guide. It is regularly updated with information on reputable options and what to look for when choosing one.

 

Make a backup copy, backup copy, backup copy!

While cryptography is an amazing and modern way to keep digital assets safe, it is not always flawless. You can configure Multitasking (MFA) for all your login information, use two-factor authentication whenever possible, use offline storage to store long-term data ... the list goes on. If you can reduce as many vectors of attack as possible, however, you will be better prepared if something happens.

 

Use Cold Storage

If you own a large amount of bitcoin, consider keeping it in a cool place instead of online exchanges. For those unfamiliar with cold storage, it simply means keeping digital goods in a bag or other device that is not connected to any network or accessible by anyone but you. You can store digital assets on an external database, or on dedicated hardware such as a Trailer or Ledger. Importantly, only you have access to your private keys.

 

Keep Wallets Offline / Cold

Wallets kept offline are not available to potential cybercriminals and other cybercriminals. When storing your digital belongings on paper or in a hardware pocket, be sure to keep them in a safe place where no one can access them. If you use an offline/cold storage wallet, there is a good chance someone else will be able to access the content once they find your hidden location!

 

Set up Two-Step Verification

Two-factor authentication (2FA) is required for anyone who owns a cryptocurrency. An additional layer of protection over everything else you do, whether that involves installing anti-virus software or enabling advanced account protection in a service like Coin base. 2FA adds another password to log in — and it can be one from your phone, making it very difficult for hackers to gain access. The best part? 2FA does not slow down your login process at all and can be used on multiple devices. For more information on how 2FA works and why it is so important, check out our guide here.

 

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