To protect their altcoins very simple. All altcoins that you hold, transfer to the official wallets of these projects and do not tell anyone your private key. If you do it right, then no one will ever steal your funds.
Topic: How to protect your altcoin - page 24. (Read 5536 times)
In my opinion, Store your altcoin in hardware wallet and take care of your private key, passwords and dont click any suspicious link that you received.
The best method to protect your self and your altcoin is first learn some few safety tips then make use of wallet that require second authorization for your transactions. For example, If you have erc20 tokens, make use my ether wallet and metamask together when making transactions.
Some cryptocurrency wallets requires private keys for example MYETHERWALLET & some requires seeds to access the wallet for example Kcash wallet or waves wallet. To save your funds from hackers and scammers do not share your private keys or seed to unknown peoples. Do not particpate in scam airdrops which requires your private keys. Also don't forget to activate google authentication on Exchanges as on exchange too your account can be hacked.
I think that the most reliable way of storing for alternative coins is a hardware wallet. But I heard that even this will not give you a 100% guarantee of saving your money.
You should use a multi-signature wallet. It can help you to create more security for your wallet and save yourself from human error and to create a more democratic wallet which can be used by one or more people.
What is the best methods to protect altcoin from hacker?
the best way to protect your altcoin from hackers is to use multiple security using google authenticator or other
Being careful, store in the secure and safest wallet. That's what I think the best for you against hacker. Then you must be responsible for your own safetiness.
Its best to take care of your credentials, hide your private keys, keystone key, etc. Store them safely. And its best if you have enough money, buy a hardware wallet. Storing your digital assets in a hardware wallet is the best option. Also, never expose your special credentials online to avoid phishers and scammer and hackers.
You can protect your altcoins by storing it in a wallet them secure you wallet. Do not store keys in accessible places, that is on a computer. Better on a flash drive and on paper to write down, and there are still cold wallets.
Anything on the web are vulnerable on hackers attack. This includes tokens and coins in our online wallets. But to get rid of it take some safety measures for yourself, first, don’t ever entertain any email that contains links that maybe a phising site and also never ever let your private key known by other users or leave it unattended
I also think how to secure wallets for crypto currency. Most likely you will need to buy a separate computer for storing currency
I have always seen 2fa as bothersome but since I lost some hextracoun last year I have to rely on it to help me out and it has really being awesome experience using 2fa.
First of all I would advise to use electronic or hardware purses for protection of coins. They have high degree of protection, especially hardware purses. The most popular hardware purses are Trezor and Ledger. At the same time they have the low price.
Since I discovered anything online is subject to attack, I decided to share my risk by having several sites and share the money I have. I also avoid phishing sites by not being greedy about something's. I also take care of my password and private key
To protect your altcoins and make sure they are safe then you should always store them in the wallets that was provided by the creators of the coins. Always keep your private keys and any sensitive information associated with the wallets offline and in a safe place. And please, do not store your coins on exchanges, they are not safe there.
You need to understand from what you are trying to isolate them, because now there is another correction, if you think that you can fix your altcoins then you need to hurry, but only if they brought you income, otherwise why then do it?
Its best to take care of your credentials, hide your private keys, keystone key, etc. Store them safely. And its best if you have enough money, buy a hardware wallet. Storing your digital assets in a hardware wallet is the best option. Also, never expose your special credentials online to avoid phishers and scammer and hackers.
Far away from the phishing website, the use of cracking software can include keyloggers. Please check the URLs carefully before logging in to the Internet wallet and the exchange. In particular, be alert to fake e-mail, if you can go to the store's hardware wallet better.
Keep them in a cold wallet. The main thing is not using cloud services to store passwords, they are often hacked. Also it is necessary to not store your coins on stock exchanges.
Jump to: