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Since blockchains are near-impossible to corrupt or hack, hackers concentrate on attacking users.
Billions are stolen every year from individuals and platforms. Stick to the following measures to avoid losing your funds.
Ensure the safe storage of your crypto funds, and don’t share sensitive data with others.
Research the history of different exchanges and platforms and choose a safety-first service provider with a stellar reputation.
Choose a strong password and make sure to change it often. Never share it with others.
Enable two-factor authentication (biometrics or code by email, SMS or authenticator app) for additional security.
Never use public Wi-Fi or a mobile network when transacting or exchanging sensitive information.
For additional security, equip your devices with an anti-virus program and perform regular scans.
Phishing scams are designed to exploit your trust and steal your funds.
To avoid them, don’t interact with dubious accounts, click suspicious links, or share your password with others. Always double-check web addresses.
Bragging about your latest winning trade might be tempting, but it can also be a magnet for cybercriminals.
Avoid talking about your crypto holdings online and keep the information private to avoid becoming a target.
Hint: Standard 2FA methods use: something the user knows (such as a password or a code) and something the user has (such as a physical device or biometric data).