Secure YOUR CoinsThis morning I woke up to a report on Slack that one of our members had lost their XBY on an exchange. This is most unfortunate and prompted me to write this post.
The amount of coins and the name of the exchange are totally irrelevant because it can happen on ANY exchange with ANY amount of coins. What is important is quite simply offering some small advice on the best ways to prevent this from happening. So, here we go:
1. GET YOUR COINS OFF THE EXCHANGESIf you are not actively trading your coins, you are taking totally unnecessary risk by leaving them on an exchange (ANY EXCHANGE). Even if you are trading some coins, make the decision on how many you want to play with and remove the remaining coins.
To do this, you simply need to go to our ANN @
https://bitcointalksearch.org/topic/m.18538512 and choose your wallet download from the list you will find under the WALLETS section.
The following are the latest wallets which are available:
Windows -
https://github.com/borzalom/XtraBYtes/releases/download/pre-v1.2.0.2-win/xtrabytes-qt.exeMAC/OSX -
https://github.com/borzalom/XtraBYtes/releases/download/pre-v1.2.0.2/xtrabytes-Qt-OSX-v1202.dmgLinux -
https://github.com/borzalom/XtraBYtes/releases/download/pre-v1.2.0.2-win/xtrabytes-qt-linux-v12022. SET UP 2FA (TWO FACTOR AUTHENTICATION) ON EVERYTHINGNot only do I have 2fa on my exchange accounts, I also have my Social media and Email accounts all protected by 2fa. For the time it takes to set this up, the peace of mind that comes with knowing that nobody can access your accounts without your password and your phone in their hand is a great recipe for sleeping better at night and relaxing during the day.
Also, for those of you who do not have smartphones, you can still use 2fa through email and even your email can be protected by using a different email to authenticate. The simple point here is to ensure that a hacker would need access to 2 different accounts in order to access 1 account. This is how you protect yourself when dealing with information and finance on the Internet.
Its not just the World Wide Web - It is the WILD WORLD WEB and it definitely can be very wild and savage if you do not protect yourself.
Dave