With the arrival of cryptocurrency scammers, we have witnessed several reports about hacks and destruction of cryptocurrency companies. This has heightened the need for adopting effective practices to keep our cryptos safe and secured from hackers. Most of the cryptocurrency exchanges consist of inherent security measures, which work well for the safety of cryptos. When your wallet is accessible, you are automatically encouraging crypto robbers to steal what they want. Moreover, you will also not be able to regain your lost fund, leaving your wallet vacant.
Here are some of the proven cryptocurrency security tips for keeping your cryptos safely:
# Use PCs with updated antivirus and firewalls: For successful cryptocurrency transactions, using PCs with revised antivirus and firewalls is a must. Secure operating systems like, Qubes, Unix or Linux can help in securing your cryptos. Qubes is known worldwide for its high-quality security and privacy policies. Till date, hackers have hardly attacked computers functioning on the Qubes operating systems. Unix or Linux is also well-known for its configurations, which makes a computer less vulnerable as compared to computers running on other operating systems. If you feel like using a Windows-based PC or a Mac, find out the malware and upgrade the malware detector software for providing security to your cryptos.
# Choose a PC or Mobile Device and a Network meant for only cryptocurrency transactions: Always select a PC or mobile device, which is solely used for purchasing and selling cryptos. It will significantly lessen the chance of attacks from hackers, keeping your cryptos safe. The gadgets, which are utilized for Internet surfing, work and entertainment are prone to virus attacks. Hackers are becoming more efficient to drop the keyloggers in a hidden manner. The keyloggers pass on the information to the hacker, who tries to get access to your account for removing your resources. So, you need to use the right devices for optimum protection of your cryptos on the exchange. You can also set up a different platform on your computer to be used for only crypto transactions when you do not select a specific device for that.
A proper Internet access is also necessary for the safety of your cryptos. Do not use public WiFi to log in to your cryptocurrency account. Stealers can build a WiFi router and gather all the crucial information, which gets transmitted via the routers. So, always use your own Internet data plan and Wifi to carry out all your cryptocurrency transactions in safety.
# Create a strong password for your cryptocurrency account: Generate a complicated password for your cryptocurrency. There are many people who spend a huge sum of money for the cryptocurrency, but fail to set up appropriate passwords. Their passwords are easily guessed by the hackers, resulting in stealing of their assets. So, make your password strong with at least 15 characters, inclusive of upper cases, lower cases, alphabets, numbers and other characters. Do
not use common words, which can be easily found by using hacking tools. Your password should be out-and-out indescribable so that hackers can never predict it.
For keeping your password two times protected, install a two-factor authentication (2FA) system. It will send you a notification through email, messages and automated calls when someone tries to change your password or hack your account. Make the login of your cryptocurrency account feasible from some identified devices. Whenever anyone attempts to access your account from another device, it will automatically get turned off and freeze your account. You will get an instant notification via email or text about the interruption. You will also be asked for the verification depending on the rules you frame for the access to your account. Fido UTF, Free OTP and Google Authenticator are great two-factor authentication apps/ services, which you can use to provide double protection to your password.
# Encode your data: In order to keep your crypto wallets protected from stealers, data encryption is essential. Make use of LUKS encryption or Cryptsetup apps for building it up on Linux-based system. Use VeraCrypt or FileCrypt for a Windows-based PC or a Mac. By using the software, you can keep your hard drives encrypted and inaccessible by the hackers. AES-Twofish, Twofish-Serpent or Serpent-AES are double layer encryption protocols, which can keep your cryptos secured. AES-Twofish-Serpent or Serpent-Twofish-AES are triple layer encryption protocols that can make your cryptos totally inaccessible.
Follow the above-mentioned tips precisely to keep your cryptos protected from hackers any time on cyryptocurrency exhanges. Apart from the discussed tips, there are also other things you can do for the full protection of your cryptos. If you need more information regarding the safety and security of your cryptos, get in touch with the The Cryptocurrency Network today.