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How can crypto investors protect their funds amidst the freeze on withdrawals by hodlnaut?

Khalil nawazJun 13, 2023 · 2 years ago3 answers

With hodlnaut freezing withdrawals, crypto investors are concerned about the safety of their funds. What steps can they take to protect their investments and ensure the security of their assets?

3 answers

  • mr.necessaryMay 14, 2025 · 3 months ago
    As a crypto investor, it's crucial to diversify your portfolio. Don't put all your eggs in one basket. Spread your investments across different cryptocurrencies and exchanges. This way, if one exchange freezes withdrawals, your other assets remain unaffected. #fundprotection #cryptoinvesting
  • Angu PranisaJul 28, 2025 · 20 days ago
    Crypto investors should also consider using hardware wallets to store their funds. Hardware wallets provide an extra layer of security by keeping your private keys offline. This reduces the risk of hacking or theft. Remember to keep your hardware wallet in a safe place and backup your recovery phrase. #safestorage #cryptosecurity
  • IronowOct 20, 2020 · 5 years ago
    At BYDFi, we understand the concerns of crypto investors. While we cannot comment on hodlnaut's specific situation, we recommend investors to stay informed and follow best practices. This includes regularly checking the security measures of the exchanges you use, enabling two-factor authentication, and being cautious of phishing attempts. #cryptosecurity #bestpractices

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