What are the Ways to Safely Secure our Cryptocurrencies?

[Shigobad2020]

5 important tips for cryptocurrency security:

1- Make sure all the devices you use are safe
2- use two-factor authentication
3- Avoid public internet connections
4- Know that not all said is true
5- Protect your user information by encrypting

The most important way to secure your crypto currency wallet is by making sure all the device you are using are safe and free from a third party having an access to it, avoid sharing phones and internet's connections like sharing your data with people which might lead into hacking your account .

 

[Nomad]

You need to use a hardware wallet or desktop wallet if you want to secure your crypto currencies. You can actually own crypto currencies f they are in hardware wallet or desktop wallets.

 

[Dowenship]

There are many ways to secure your cryptocurrency. You should secure your cryptocurrency wallet with a strong password, fingerprint or two factor authentication.
Never share your cryptocurrency wallet with another person.

Yeah... Strong password you won't forget anyways, because when putting password that you can't remember, is as good as week password, although not saying using week password is good.

 

[Setfragil]

The best way to safely secure our cryptocurrency is by making sure that our wallets are always on password for login and for the transfer of cryptocurrency to another wallet.

 

[Kelly5]

You want to safely secure your cryptocurrencies in your wallets, then don't share you're your wallets pass phrases it passwords with anyone whatsoever at anytime

 

[jeff87]

I think the main part to be careful is the place where you set aside your digital money (crytpocurrencies) into which is your WALLET.

We have different types and forms of Cryptocurrency WALLET, which include: software, hardware, and paper, each with various security contemplations.

Choosing an exceptionally secured wallet is a significant mind boggling task. By considering few hack attacks against wallets and looking at the security plans of well known wallets in the market, for example, Trezor, KeepKey, Ledger Nano S and then some others...
I have recorded down a couple of properties which a profoundly secure Wallet ought to have:

1. Layered Security and Defense in Depth
2. Equipment Based Root of Trust
3. Compartmentalization for Cryptocurrencies
4. Exchange Display and Confirmation

I believe my cryptocurrency wallet is safe and secure from hackers. It's because I have gone through series of security of my wallet. There is email verification, SMS authentication and password that are secretly done.

 

[Setho]

If you are someone that is using exchanges then you should always ensure that you put your two Factor authentication on so as to avoid scammers.

 

[Kingstone]

Finding all ways to protect our passwords from others is also something good. We may decide to log in from a public computer and things can go sour. I don't use other people's phones or laptops to make any transaction.

 

[Yusuf]

The best way to protect a crypto currency exchange platform is to have two factor authentication on the platform. With this method, it will be very hard for hackers to come into the system and steals people's coin.

 

[Immilash]

That's great way to secure your wallet's but I can every system has it's own way of breaking it to it, we secure our wallet's not to make it easy for this hackers.

 

[greenie]

This is a good security measures for Investors who have there money in the crypto currency exchange Business. I'm using Luno app to invest in crypto currency Business and they mostly use two factor authentication code to protect the security of the system and it has been working fine without any security breach.

 

[Kaffyfolla]

Cryptocurrencies are a great financial asset for many traders and investors. But despite the fact that they’re so useful, they aren’t without risks – the loss of your private keys, computer failure, and theft can permanently banish your coins to the void.

 

[Grandeur]

It's important to have security measures with one's cryptocurrency seeing as there's been an imminent rise in crypto and cyber threat generally and one good way to have security is by two factor authentication.

 

[kayode10]

You need to make use of reputable cryptocurrency wallets to hold your assets. You can also activate two-step authentication to prevent external access to your wallet. I make use of binance to hold my cryptocurrency asset.

 

[HayKay]

Setting up a two factor authentication method and backing up your security phrases are by the most great ways to secure your digital investment or assets.
Though I prefer the former method because even if you misplace your device, you'll still be rest assured.

 

[Laurentta]

You've made a good point. To secure one's crypto currency, you should use a good wallet and you should also ensure you keep your login details confidential to avoid being a victim of scammers.

 

[Grandeur]

There are many ways to secure your cryptocurrency. You should secure your cryptocurrency wallet with a strong password, fingerprint or two factor authentication.
Never share your cryptocurrency wallet with another person.

True, these are good measures to protect one from external attacks of hackers and scammers but what about internal ones, how would one protect his or her details from people who have access to the device