WebDec 22, 2024 · One way to protect your wallet and crypto funds is to keep your private keys offline. You can either write it down on a piece of paper and keep it safe to avoid deterioration or use cold storage devices that can be accessed offline. 9. Don’t click on unknown or suspicious links Cybercriminals often lay their traps through deceptive links. WebApr 22, 2024 · A few additional wallet safety tips: Always have two-factor authentication (2FA) on all wallets and exchanges that allow it. Never give out your private key. Don't keep your crypto on an...

Self-Custody: Where and How to Store your Crypto Safely

WebDec 2, 2024 · As crypto wallets are the tools for managing tokens, it is a good idea to educate yourself on additional ways of keeping them safe. Similar to handling a bank account, users need to learn how to recognize potential threats and act in a way that doesn’t compromise the security of their assets. WebApr 13, 2024 · Extra layer of security. The importance of hardware wallets for crypto security cannot be overstated. Hardware wallets provide an extra layer of security that is critical for protecting digital ... hillsong conference nyc speakers

Crypto Safety Guide: Protect your Crypto with these Tips

WebOct 21, 2024 · Best cryptocurrency wallet for Bitcoin users. Electrum is often referred to as the best Bitcoin wallet. A hot wallet with Bitcoin-specific security features, Electrum is highly customizable and offers adjustable fees. That means you get the most secure Bitcoin wallet at a relatively low cost. WebFor the purposes of this article though, we’re going to assume you are riding solo with your crypto self-custody. Here are 11 tips to stay safe. 11 Self-Custody Tips. 1. Only download … WebFeb 9, 2024 · Offline or physical wallets should be used to store the majority of a consumer's cryptocurrency, while only keeping a small amount of currency in the online wallet, says Terence Jackson, chief... hillsong conference 2023