10 Methods to Safeguard Your Cryptocurrency From Hackers

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8. Use trustworthy cryptocurrency wallets, exchanges, brokerages, and mobile apps

Investors should carefully research each platform’s security features before deciding which to use to understand how their data will be protected. When storing cryptocurrency, entities that can be trusted should use the best security practices like multifactor authentication, SSL/TLS encryption, and air-gapped devices that are kept offline. Using multiple cryptocurrency platforms can be safer if owners create unique, complex passwords for each one. Whether you’re using one or more cryptocurrency platforms, it’s critical to keep a secure password manager on hand to avoid losing passwords.


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