Post
Topic
Board Trading Discussion
Re: How to keep your funds secured?
by
senyorito123
on 03/05/2019, 00:45:02 UTC
Im quite new to crypto so i wanted to know what exchanges do you use and i'd be grateful for advises on security. I currently keep my crypto on localbitcoins but it recently got hacked to im concerned for my money. I want to move it somewhere safe but still be able to make trades without much fuss. Im still learning to trade but im pretty serious about it. Can you recommend me a good exchange that hasn't been hacked yet?
If you want to keep your funds safe then buy a hardware wallet like Trazor or Nano Ledger .
It would be the safest wallet to use and don't leave your crypto on online wallets because they are prone to hacking .
The ability to hack online wallets is very low because they are raising higher security to create safety for investors. I think using wallet online will not be a problem if it is a Coinbase or Blockchain because these are the top 2 wallet I often use to keep my assets. Of course, Ledger will still have the hard wallet that I need to buy if I have many important assets to keep for the long term so the possibility of hacking will be very unlikely if I know how to secure my property.
In the evolution of technology, security is very complex. It is very important to make safety and security as the topmost priority. It appears that almost every single day there are reports of major hacking . As the number of hacks increase, consumer desires for security increase as well. There are multiple factors of vital safety and security practices that can help protect funds. Secure your wallet, it is best to find a wallet with security measures. Users should always have at least two digital wallets for trading/transactional purposes and used for storing savings. Additionally, make it a habit to use a password manager and strong passwords.