How to use cryptocurrencies safely

Cryptocurrency systems are secure enough for the user, and the risks when working with them are minimal. However, sometimes incidents happen, and you can take additional measures to protect your account.

Safe use of Wi-Fi

You'll probably find free Wi-Fi on vacation, in a restaurant or on the subway, and you'll log in from your smartphone or laptop, where you also store access data for your cryptocurrency platform. But that is the catch, and the user is advised to exercise caution. The wallet and therefore the cryptocurrencies are only secure if the network is secure. If possible, your own assets should be stored offline, and if there is no other option, only in encrypted form.

Opt out of emails with wallet information.

This tip is important for the security of your crypto assets: you should never access your wallets from a public email address. It's worth keeping an eye on your smartphone or laptop for this, and withdrawing money from your accounts in case it breaks if you have to send your device to a service center.

Regular software updates can help.

It can be annoying at times, but you need to update your software regularly. Especially if you buy and sell cryptocurrency. Malware is designed to attack vulnerabilities in older versions of software or operating systems.

Updating software should become a habit - it's best to designate a day to update everything regularly. It is important to avoid automatically updating cryptographic applications.

Encrypted Password Manager

Many users probably access many different platforms with the same password. This is convenient, but extremely dangerous: if one password is picked up, intruders can gain access to all your accounts. That's why you must create a separate secure password for each account. There are password managers, such as LastPass or Dashlane, so you can remember them all.

If possible, two-factor authentication, or 2FA for short, should be used to protect assets. Two-factor authentication is an inexpensive way to further protect your Google account or other services you use to manage your cryptocurrencies. It also uses an authentication app on your smartphone.

The alternative is a hardware wallet

If you have a really big fortune in cryptocurrencies, you should choose a hardware wallet over online asset storage. Even if transactions in an online wallet are easier, you should understand that safe storage of Bitcoin and altcoins is only possible with a hardware device. For example, manufacturers such as Trezor or Ledger are suitable.

Which platform can be trusted

There are now many platforms that can run a single cryptocurrency. You can find out which one is trustworthy by studying reviews and testimonials. There are big names like Poloniex, Binance and others, but smaller market players also deserve attention. It should be noted that a good platform is most likely regulated, has a large enough volume and uses modern technology. The platform should include in the listing not very popular aktcoins and offer several ways to deposit. It is also very important to note how high the commission is.

On our platform you can buy cryptocurrency quickly and completely safely.