What are the best tips for maintaining the security of digital currencies? You’ve bought cryptocurrencies, and now you want to keep them as safe as possible, read our top security tips to help you with this: Store your private keys away from cryptocurrencies, and now you want to keep them as safe as possible? Read our best safety tips to help you with that.
What are the best tips for maintaining the security of digital currencies?
In the following lines, we will mention what are the best tips for maintaining the security of digital currencies ?
Store your private keys offline
It goes without saying that your private key is completely private and should only be known to you. Therefore, you can store it on an offline computer so that it does not fall prey to malware or hacker attacks. Also, private keys can be stored on paper or special devices called “cold wallets,” which are similar to USB.
Use dedicated hardware
You can use a dedicated USB to transfer your data from the computer connected to the Internet to the computer that is working offline. This is to reduce its exposure to potential viruses or hackers. You can even use an offline computer as your wallet.
Take advantage of tangible portfolios
Using a physical wallet is probably the safest way to store bitcoins. This wallet operates through a USB key that comes with a computer running its own operating system, which is intended to run a Bitcoin wallet.
Secure your device
Always make sure to check if the antivirus software on your device is up to date, as well as to know about any other additional security options. It only takes one vulnerability to hack your device. You must remain vigil at all times.
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It sounds like something said in bad movies, but it’s true: Linux might be a good choice, as it has the best record of resisting any USB attacks, so use it to transfer bitcoin-related transactions from online computers to offline computers.
Back up your wallet
There is an old saying that says, don’t put all your eggs in one basket. This goes for keeping your bitcoins safe: keep them in a safe place, and keep your backups backed up to avoid hardware failure. It also allows you to recover your wallet data in case your computer or phone is stolen.
protect your identity
To the extent possible, do not disclose any information that can be used to access your personal information, such as PIN numbers, phone numbers, email addresses, passwords, etc., not even your mother’s name or your pet’s first name, as you know these questions are used to verify identity. Avoid shady transactions If you don’t feel comfortable with this transaction, don’t be afraid to pull the plug.
Use warranty service
When you need to buy or sell something and you are not sure who is making the deal with you, you can use the escrow service. In this case, the person who needs to pay sends their bitcoins to the escrow service while waiting for the item they want to buy.
At the same time, the seller knows that his money is safe in the hands of the warranty service and sends the agreed item. When the buyer receives the goods, he informs the Escrow service to complete the payment. This way, both the buyer and seller remain safe.