Scams
The first tip to make sure that you are aware of the phishing scams. This is a technique that is going to be used by a lot of different hackers. Basically they are going to create a fake version of themselves. Then they will mail a link to a victim that is going to have a message that will convince the person to log into their website and take action immediately. There are a lot of people who are going to enter their credit card information into the website and the hackers are going to take all of this information to do whatever they want with it. The best way to make sure that you can avoid the phishing is to make sure that the link that you are using to enter your information into the same browser that is going to match the exchange or web wallet.
Device
The second tip is to make sure that you keep your device as safe as possible. This means that you are going to need to have your antivirus program and firewall enabled. It is very important that you do not install any software that you are not sure about in order to make sure that your computer is safe. This also means that you don’t need to download any attachments that look suspicious and do some research of the reputation of the software of the program that you are about to install on your computer. The best way to do this is to use Google or a social media website. But you could also ask some of your friends about the programs that they have used for their computer needs.
Cryptocurrency
The third tip is to not store your cryptocurrency on any of your exchanges. This is the best way that you can make sure that you are going to be taking the right actions when it comes to protecting your cryptos especially when you don’t know if the cryptocurrency is going to be doing that for you. There have been a lot of different cases about the large exchanges being frozen or the users losing some of their money because of a technical error or hack in the system. It is always a good idea to withdraw any of your money from your account by using the exchange to your wallet if you don’t want to trade them soon. If you are wanting to store some cryptocurrency on the exchange, then you are going to need to check out the listings when you are a beginner. You are going to want to use an exchange that is trustworthy, so that you know that they are going to keep your coins a lot more secure than some of the other companies will do.
Authentication
The fourth tip is to enable the two factor authentication. This is the extra layer of security that you are going to need in the validation procedure. This means that it is going to make it a lot harder for the attackers to be able to get into your exchange account or a wallet. This is because even if they know the password to your account, they are not going to be able to get access to those accounts. Most of the time, you are going to be able to get this from the two factor authentication programs. Basically, you are going to get a random pin number that is going to be sent to you through e-mail or text message. Then you are going to use the pin number when you are trying to log into the account. This means that the money in the account is going to be a lot more secure than other websites.
Passwords
The fifth tip is to make sure that you are using passwords that are going to be difficult for the hacker to figure out. This is the best way to make sure that your account is going to be very secure. It is a good idea to use a combination of uppercase and lowercase letters in the password along with some symbols and numbers. There are also some online generators that you can use to create the password. Once you have created the password, then you need to make sure that you are storing it in the safe place. Therefore, you can write it down on a piece of paper so that it is stored offline. But if you are using a password protector that is online, then you will need to make sure that the password keeper is a trusted company.
These are the top five tips that you are going to use to make sure that your cryptocurrency is going to be protected online.