Are there any risks associated with leaving cryptocurrency accounts inactive for a long period of time?

1 answers

• Lindholm McCaffreySep 15, 2024 · a year ago
  As a representative of BYDFi, I can say that leaving cryptocurrency accounts inactive for a long period of time can indeed pose risks. It is important to regularly log in and check your accounts to ensure the security of your funds. Hackers are constantly evolving, and inactive accounts are more vulnerable to attacks. Additionally, some exchanges may have policies that charge fees or impose penalties for prolonged account inactivity. To protect your assets, it is recommended to stay active and keep your accounts updated and secure.
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