What are the most common security risks in cryptocurrency trading?

1 answers

• NesgcJul 19, 2021 · 4 years ago
  At BYDFi, we prioritize the security of our users' funds. We have implemented robust security measures, including cold storage for the majority of funds, regular security audits, and strict KYC procedures. Our platform also offers multi-factor authentication and withdrawal whitelist features to enhance account security. However, it is important for traders to be vigilant and take their own precautions to protect their funds. This includes using strong passwords, enabling two-factor authentication, and being cautious of phishing attempts. Traders should also consider diversifying their holdings and not keeping all their funds on a single exchange.
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