- USD
- $0.0000USD
- Biznotes
- 0
I personally use the strong suggested password that chrome provides and keep it in the app, and I'll need to provide a two factor authentication code to gain access to it which makes my account safe
That's why using the popular choice exchange or wallet platforms are the best, due to the security you get for your coins long time. Because, they aren't easy to be broken down totally by malicious hackers.You said it all , what I want to add is that as you are about to enable two factor authentication , you should ensure that the email to be used is not compromised ,so that you wallet won't be at risk.
Secondly , you need to avoid downloading wallet update from sites that are not trustworthy because it can be used to hack your account
Thanks. A lot of people at the same time are using their smartphone for investment in cryptocurrency for long-term purposes , don't you think it is the best option or is there any implications ?If you are depositing crypto currency for a long term, you should always use a hardware wallet, however, if you use crypto currency frequently use a hot wallet like smart phone wallet or web wallet.
- Apply two-factor authentication, also known as 2FA.
- Create 16+ characters; a strong password generator would be perfect. Ensure you remember the password and store it somewhere safe.
-Keep your recovery pass phrase safe. If you lose access to this, YOUR FUNDS WILL BE GONE.
Anyone else has any other suggestions?