5 Crypto Security Tips

5 Crypto Security Tips

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5 Crypto Security Tips
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The more interest there is in the cryptosphere, the more scams there are. This is because people are using less secure systems. So if you think your cryptocurrency is safe, double check:

1. Don't store your coins on an exchange. You are giving up control of your cryptocurrency and trusting an exchange to hold your coins. Use a non-custodial wallet.
2. Scan your PC for viruses that can monitor keystrokes or login information or download other malicious software.

️Pro tip: Don't use the same password for important accounts like bank accounts, cryptocurrency trading accounts, and WiFi credentials.

1. Use several reputable crypto exchanges for trading:
– Centralized exchanges are much more vulnerable to hacking and data leaks. For hackers to gain access to users' assets, all they need to do is bypass the exchange operator's security measures.
– A decentralized exchange is difficult to hack. Hackers have to hack each individual user. The peer-to-peer approach of the system leaves little room for intrusion or manipulation.
1. The security of your P2P transactions is in your hands, so you should avoid transferring with people you don't know or trust.
2. Newbies often succumb to FOMO (fear of missing out) and FUD (fear, uncertainty and doubt). Always keep your emotions under control when you start trading cryptocurrencies.

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