Ways to secure your crypto assets in a cryptocurrency wallet

1
Ways to secure your crypto assets in a
cryptocurrency wallet

• www.bitdeal.net

2
Introduction

• Cryptocurrency is a virtual assets that can be
  traded online. As technology is growing
  day-by-day there are many hackers who are always
  there on online to steal those crypto assets.
• The best crypto trader is one who not only knows
  how to trade the cryptocurrency but also one who
  knows how to store the crypto assets more safer
  and secure way.Storing your cryptocurrency in
  exchange is a risky as the exchange can be hacked
  anytime.

3
Cryptocurrency Wallet - What is it ?

• Cryptocurrency wallet is a best idea to safeguard
  your digital assets.
• A cryptocurrency wallet is simply a virtual
  wallet or virtual place that is used to send,
  receive and store digital assets such as
  Ethereum, Bitcoin, Litecoin and any other crypto
  assets.

4
How to secure assets in a wallet?

• Here are some ways that you can follow up to
  securely store your crypto assets in your own
  cryptocurrency wallet.

5
Secure your passwords and private keys

• Providing a strong password is a first step to
  secure your crypto assets and crypto wallet from
  hackers. If someone has gained the access of your
  password and private keys of your wallet, then it
  become so easy for them to steal your assets.
• So, You must provide a strong password and also
  ensure that no one has the access to your
  wallet's password and private key.

6
2F Authentication

• Enable two-factor authentication for the login
  process to your crypto wallet. The two-factor
  authentication requires the user to provide
  password and private key more than once to access
  the account.
• This may help in preventing unknown person to
  access your wallet account .Therefore even if
  someone accesses your password and private key,
  there is still missing information to complete
  the login process.

7
Diversify risk

• You can make your risk lower by storing limited
  assets on your accounts. Avoid storing large
  amounts of digital coins in single wallet or
  single exchange. When you store coins separately
  on different wallet, you may reduce the risks.
• You can get the best cryptocurrency wallet
  developed for your own from Bitdeal - Leading
  Cryptocurrency Wallet Development Company with
  lot of features and functionalities in built.