Topic: How to protect your altcoin - page 43. (Read 5585 times)
I suggest that you must store it on a cold storage wallet but the cheapest way is to store them offline and store your private keys. You have to store them safely so you can protect your altcoin. Altcoins are really important because it can make you earn. All coins are important specially when it is high valued coin so you really have to protect them and do what i said. Just store the things that are important so you won't lose your money.
In other to protect your altcoin, you should take all necessary precautions like, keep private keys confidential and safe as it is your only access to your coin and avoid disclosing it to a third party, you can safe it and your password in a flash/hard drive or write it down in your diary. Ensure not to click on just any link you com across and avoid using a third party web service.
The best way to protect your altcoin is to store it to your trusted wallet; don`t let others to get your information, passwords etc. Thus, always keep your privacy on yourself.
many things you can do to protect your altcoin from hackers. one of which is to use double security against your wallet eg by using metamask
One of the best methods to protect your altcoin is by storing in a cold storage wallet. Ydentity, a revolutionary project which offers a risk-identity token provides a wallet. The Ydentity token resides in a digital non-custodial wallet and interfaces with the members via an artificial intelligence Chatbot, represented as a gender free gaming character.
The private key of the token must not be traceable to any person. The email address and phone number are collected in the sign on process and diverted to a digital wallet where the key is hashed and stored as an irreversible private key. Users then have access to cold storage to retrieve the key in the event of loss. To maintain absolute anonymity the email address and phone number are discarded after the transfer of the Ydentity to the wallet.
The private key of the token must not be traceable to any person. The email address and phone number are collected in the sign on process and diverted to a digital wallet where the key is hashed and stored as an irreversible private key. Users then have access to cold storage to retrieve the key in the event of loss. To maintain absolute anonymity the email address and phone number are discarded after the transfer of the Ydentity to the wallet.
The best and the cheapest way to protect your coins is by storing them offline. a paper wallet, store your private keys and lock them alongwith your fiats.
To keep your wallet safe. You just have to think about what you're doing and do not enter your private key anywhere
Take care of your private key, passwords and dont click any suspicious link that has been sent to you through pm, shared on any social media sites, etc.
What is the best methods to protect altcoin from hacker?
I keep all my coins on the hardware wallet. It seems to me that this is the best solution at the moment. Coins for daily trading I store on exchanges and do not see any problems yet.
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.
Safe them in your myetherwallet wallet and use metamask to secure login access. Never share or send you private keys ever, they could be stealing it from you.
What is the best methods to protect altcoin from hacker?
Hope, this steps may help you.
Nothing comes with a 100% guarantee of Security, not even the PAID security tools. But certainly, the tips below will get you enough close to the mark.
1. Securing a Wallet is similar to securing your personal data on the computer. You have to be aware of links, advertisement, any type of attachment etc. which appears when a browser is being suffered.
2. Always create backups of your cryptocurrency wallets. So, that it will let you restore your wallet if in case your laptop or cell phone gets stolen.
3. Opening an account to buy cryptocurrency? Set up a unique E-mail id that you’re going to use for that account and never share that id with anyone.
4. Encrypt your whole device in which you are going to use cryptocurrency wallet. Make sure you have the best anti-virus installed on your device and keep it up to date including anti-malware and anti-ransomware.
5. Set up a really hard and long password where it is only able to recover from a piece of paper that you control.
6. Don’t use two-factor authentication on an SMS that could be ported. Instead, using something a bit more like Google Authenticator or yubikey would be much better.
7. Never share the name of cryptocurrency or wallet which you use on social media or with unknown people, Keep it private.
8. Diversify your risk, Buy cryptocurrency across multiple exchanges. So, that in case if one exchange is hacked other will remain accessible.
9. Always use offline wallets.
10. Always use the cold wallet to keep cryptocurrency safe off the internet and cold wallet is like the saving account. While the hot wallet is linked to the internet and should only be used for everyday transactions.
11. The decentralized system doesn’t store funds. Nobody has any access to money accept the owner of that money.
https://cointopper.com/guides/how-to-save-your-cryptocurrency-assets-from-being-hacked-in-2018
What is the best methods to protect altcoin from hacker?
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 ( posting it in any thread or put it in wallet address box).
the most I avoid to protect the assets (altcoin) I have are:
1. do not click the link careless (feared the number of phishing links).
2. before entering a website (exchange or wallet address) which requires login with password or private key, always check the URL carefully.
3. Never give a password or private key to anyone.
1. do not click the link careless (feared the number of phishing links).
2. before entering a website (exchange or wallet address) which requires login with password or private key, always check the URL carefully.
3. Never give a password or private key to anyone.
You are right. But better use some hardware wallet like a Ledger Nano S.
You can use it with MyEtherWallet, where you can keep youe erc-20 tokens.
This is the safest way of keeping your alts from hackers and some other threats.
Well, the only suggestion that i can say to protect your altcoin is, don't open or click the unfamiliar site because that is what they called a fishing site whereas they can hack your acount when you they given a chance to welcome them to your account.
I would further advise not to keep very large amounts on one wallet. It looks very attractive for a hacker. One of the safest ways to store coins is a hardware purse, but even it does not give 100% protection against hacking.
The most important thing is vigilance, constantly change the password, update the antivirus, do not go to extraneous sites, always check what you are doing. Because intruders do not doze and try to steal your money you need to be very careful and attentive.
Well, the only suggestion that i can say to protect your altcoin is, don't open or click the unfamiliar site because that is what they called a fishing site whereas they can hack your acount when you they given a chance to welcome them to your account.
According to an article I've read, it's best to keep it on the ledger nano. But I do not think there is a perfect way, sometimes there are gaps that can be penetrated by hackers. I think most importantly do not share passwords, privatekey, json files and key phrases in others. And also do not visit (click) links carelessly, because now many scattered phishing links.
Secure them on your wallet that you have access on private key, Json file or another additional security.
And also make sure that all private key is not shared with anyone and stored in the safe place.
And also make sure that all private key is not shared with anyone and stored in the safe place.
in fact the available wallet such as mew, have done a good protection and ensure that altcoin that we save must be safe, live now is whether we can keep it safe by not doing careless themselves so it can be taken. because it is usually a mistake on our own carelessness.
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