I think that online e-wallets are safe by security keys and using third-party codes. On the erc20 platform and the blockchain of btc is safe, I have never seen a successful hack on the foundation of erc20 or btc. But always make sure you keep your computer safe. It can be compromised by external factors
indeed for third-party online wallet storage is safe from hacking but I think maybe it should be more vigilant, and why not use an offline wallet like nano ledger or trezzor which has a higher potential to avoid hacking and has been proven 
Topic: How do you protect your digital coins? (Read 1951 times)
cryptocurrency market started to grow day after day, and everyone now started to own coins, so the question now which come to all the coin's holders , how to protect your digital coin from losing, stealing, hacking, etc ?
I use the wallet hardware to protect the coin from hacking and theft. now maybe we can see if there are a lot of hackers who are targeting the assets of people. so the presence of hardware wallet is very helpful and it makes us safer for our assets
To protect my digital coins, i store it in my online wallet even if others will say its not safe especially to the hackers, but it depends on you if how you keep your coins. That is usually happens, what important you know what to do that not you will hack.
1. Offline Mode
The offline mode of securing bitcoins is called cold storage.
2. Backup
Backup your entire bitcoin wallet early and often.
3. Software
Keep your software up to date. A wallet running on non-updated bitcoin software can be a soft target for hackers.
4. Encryption
Encryption adds a layer of security to a particular folder, file, or message as it can only be unlocked by someone who knows the right key to it.
The offline mode of securing bitcoins is called cold storage.
2. Backup
Backup your entire bitcoin wallet early and often.
3. Software
Keep your software up to date. A wallet running on non-updated bitcoin software can be a soft target for hackers.
4. Encryption
Encryption adds a layer of security to a particular folder, file, or message as it can only be unlocked by someone who knows the right key to it.
I am a cryptocurrency fighter who still studies a lot in crypto currency. I have no special way to protect my crypto coins. I am only careful to secure my digital wallet account. I did not forget to control the security of my digital wallet and change passwords regularly. I also ensure that my digital account information is not connected to someone else's e-mail account because it is at risk of hacking. That is a bit of my strategy.
if we want to protect the coins or crypto that we have it depends on how we can store and protect our private keys. do not centralize the balance in one trade and avoid as far as possible our computers to surf unnecessary things if the computer has a private key from your crypto assets, so that the furthest from malware and viruses that damage the system.
I think choosing wallet is of of the most important steps. You should choose popular wallet that let you control private keys, 2 factor authentication.
There is a better more secure way to save your crypto currencies or your bitcoins, save it in a cold wallet. The cold wallet is far better than other wallets most especially the hot wallets. That is the reason coincheck was hacked, they are saving their crypto currencies in a hot wallet. So better keep your crypto investments in a cold wallet.
Hackers are really real in the field of cryptocurrency that's why its important to get a safe wallet to keep your tokens in order not for hackers to take over. I'll keep my money in a hardware wallet.
Hackers are really real in the field of cryptocurrency that's why its important to get a safe wallet to keep your tokens in order not for hackers to take over. I'll keep my money in a hardware wallet.
keep your crypto-currency in multiple hard wallet.make a strong password.use satellite generate password.
The very first step to protect your crypto is to store them in hardware wallets, paper wallets, or cold storages.
Keep these tips in mind as well:
Keep these tips in mind as well:
- Keep your information private and avoid public WiFi networks that are an easy target for hackers.
- Always use strong passwords and add 2-factor authentication for all of your accounts.
- Store your cryptocurrency on multiple wallets.
- Always use a password manager, so you don’t use an old password.
- Do not post your email address, home address, or phone number on social media.
- Keep your antivirus up-to-date to avoid downloading malware.
- Don’t forget to backup your wallet periodically.
- For cold storage wallets and backup wallets recovery seed at home, keep them in a fireproof safe.
I am not sure if having multiple wallets is gonna be a good practice though. I mean you could just have two wallets, one for your hodlings and another one for your tradings. Unless you're like a crypto businessmen then I think it is quite applicable, just don't put it in online wallets wherein private keys aren't handled by you and don't hold your coins inside of an exchange, people should already know that but I am still hearing a lot from people losing a lot of their coins due to hacks in the exchanges they're trading at. I've read in Reddit that people recommended Keeper as their password manager in anything though.
I think choosing wallet is of of the most important steps. You should choose popular wallet that let you control private keys, 2 factor authentication.
cryptocurrency market started to grow day after day, and everyone now started to own coins, so the question now which come to all the coin's holders , how to protect your digital coin from losing, stealing, hacking, etc ?
The simple way I used to secure my digital assets from been hacked or stolen is buy keeping my wallet safe on the Blockchain and keep the public and private keys on hardcover papers notebook, which will be out of reach except myself. Although sometimes I keep them on my hardware wallet for safety purposes. Staying safe should be the Paramount responsibility of every bitcoiner globally. cryptocurrency market started to grow day after day, and everyone now started to own coins, so the question now which come to all the coin's holders , how to protect your digital coin from losing, stealing, hacking, etc ?
As long as you signed up for a legit sites and keep your private keys and paraphrases so far your tokens will be safe... Look for an exchange that really practice security and safety of investors money... Hardware wallets cold wallets are the safest wallets to store all your tokens specially bitcoin.. Always keep your passwords and put Google authenticator in all your wallets...
cryptocurrency market started to grow day after day, and everyone now started to own coins, so the question now which come to all the coin's holders , how to protect your digital coin from losing, stealing, hacking, etc ?
for my big amounts, i use hardware wallets, google authenticator and only use my private internet to open my wallet. and also i always check domains network, is secure or not. and for new coin/token (project) i use web wallet like metamask,mew or similiar like that. if you still confused, is available on github guide for newbie to protect they asset
I prefer to keep my digital coins in my wallet rather than exchanges. Because in my wallet, I have access to the password and other things that will keep it safe. The exchange management is beyond my control and anything can happen when I keep my coin there.
cryptocurrency market started to grow day after day, and everyone now started to own coins, so the question now which come to all the coin's holders , how to protect your digital coin from losing, stealing, hacking, etc ?
All you need to do is to take a few basic security precautions. If 2FA is enabled and the private key is properly backed up, then the chances of your coins getting stolen or lost is close to zero. If you still want to be sure about the safety of your coins, then hardware wallets are available from $100 to $300, depending on the specifications.
I think that online e-wallets are safe by security keys and using third-party codes. On the erc20 platform and the blockchain of btc is safe, I have never seen a successful hack on the foundation of erc20 or btc. But always make sure you keep your computer safe. It can be compromised by external factors
Nha, online wallets are prone to any hacking events, it is better to secured our coins in offline wallet. But anyway, it is all about how we manage our wallets. Using different PC's or laptop could lead into something we don't want to happen and indeed, it happens to a lot of holders. It could be the best to have our own PC's and don't let others touches it.
I think that online e-wallets are safe by security keys and using third-party codes. On the erc20 platform and the blockchain of btc is safe, I have never seen a successful hack on the foundation of erc20 or btc. But always make sure you keep your computer safe. It can be compromised by external factors
Everyone knows which wallet is more save than one and where dey could store their coin that will not have bad effect of been hack or stolen which I think will not be a good question to be asking here as many hacker are out there trying to study how and ways to could use to break security of wallet and if you are telling a story of ways you used to keep your coins here then you are giving a way to penetrate the system for hacker.
So I will advice you to just be cautions of what you type here or say.
So I will advice you to just be cautions of what you type here or say.
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