Topic: What steps should I take to safeguard from Bitcoin fraud? (Read 110 times)
To be safe, use a hardware wallet as much as possible. Paper wallets work as well as long as you keep it safe. For transactions, you would need to double-check the address before continuing. Any mistakes made with the address input would result in goodbyes on hard earned cryptos.
There is no fraud in Bitcoin itself. The fraud comes from the misuse, carelessness or theft associated with any payment system.
Make sure your computer system is secure.
Try to avoid any of the Bitcoin"banking" services, such as on-line wallets.
Make sure that anyone you send coins or money to is legitimate.
Make sure your computer system is secure.
Try to avoid any of the Bitcoin"banking" services, such as on-line wallets.
Make sure that anyone you send coins or money to is legitimate.
The best choice is the most expensive one which is getting a hardware wallet. Other than that, you can spread out your coins in multiple wallets.
Depends what exactly you are planning to do. If you are buying bitcoins then use one of the recognized exchanges and keep them in safe wallet
What steps should I take to safeguard from Bitcoin fraud?
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