There have been several incidents of the theft of crypto assets, but there are ways to make sure your crypto wallet is protected and kept safe from prying eyes. Below are some tips that can help you keep your crypto safe.
Keep your crypto details or investment private
If you’re going to keep your crypto details in your email, do it with an account that isn’t used on other platforms. You can set up all your crypto accounts from private email addresses that have never been exposed elsewhere. That will reduce any chance of someone digging in to get the details of your email address and steal your crypto wallet details.
Use a reliable password manager
Cryptocurrencies worth billions of dollars have been lost forever because the holders forgot their private keys. Your crypto account doesn’t work like your bank account. You have the sole responsibility to provide access to your account, which is guaranteed when you use your private keys. It’s impossible to access your crypto account without this key.
It can be challenging to remember the code to your private keys. But with a reliable password manager, you can manage all your passwords on the platform and have peace of mind. The password manager can help you quickly store and retrieve your code whenever you need them. So, you don’t need to bother about forgetting your private keys and being denied access to your wallet.
Strengthen your security by using a VPN
If you don’t completely trust an internet connection, especially from a Wi-Fi network, it will be safer to use a VPN when using your crypto details online. With a VPN, your online connection and details will be encrypted, which prevents hackers from monitoring your crypto exchanges.
Using both online and offline wallet
If you are serious about protecting your crypto funds, it will be great to have a cold storage wallet where you can store your crypto fund. You can use your online wallet to trade on cryptocurrencies and store the rest of the funds in an offline wallet. That way, you will be protecting the bulk of your crypto holdings since hackers cannot access your offline storage.
The above are some of the tips that can help you keep your cryptocurrencies safe. Other tips include regularly keeping your devices updated and using multi-factor authentication to protect your account details wherever possible.
