What are the best practices to protect my cryptocurrency investments from hacking and theft?

3 answers

• Kris ZuckerbergJun 06, 2024 · a year ago
  One of the best practices to protect your cryptocurrency investments from hacking and theft is to use a hardware wallet. Hardware wallets are physical devices that store your private keys offline, making it extremely difficult for hackers to gain access to your funds. They provide an extra layer of security by keeping your private keys away from potentially vulnerable online environments.
  391

  196
• Phạm Ngọc KhánhAug 31, 2020 · 5 years ago
  Another important practice is to enable two-factor authentication (2FA) on all your cryptocurrency accounts. 2FA adds an extra layer of security by requiring you to provide a second form of verification, such as a code generated by an authentication app, in addition to your password. This makes it much more difficult for hackers to gain unauthorized access to your accounts.
  376

  126
• Blake OserSep 25, 2022 · 3 years ago
  At BYDFi, we highly recommend using a combination of cold storage and multi-signature wallets to protect your cryptocurrency investments. Cold storage refers to keeping your private keys offline, away from any internet-connected device. Multi-signature wallets require multiple signatures to authorize transactions, adding an extra layer of security and reducing the risk of theft.
  381

  96