Guide For Storing Your Cryptocurrency Safely - PowerPoint PPT Presentation

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Guide For Storing Your Cryptocurrency Safely


If you are concerned about storing your cryptocurrency safely, then follow these 3 safety measures to prevent any financial problem from malicious activities. visit this link. – PowerPoint PPT presentation

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Title: Guide For Storing Your Cryptocurrency Safely

Crypto World At Your Finger Tips!
Guide For Storing Your Cryptocurrency Safely
The trend of cryptocurrency came as a boom in the
corporate world in the contemporary era. More and
more people are now driven by the digital
currency. The best thing about these
cryptocurrencies is that they ended the
dependency of central authorities like company,
bank and government. But as it says, every
technology comes with risks too.
  • So even though cryptocurrencies have become a
    popular financial option still, they are not
    free from risks and can be misused. So today,
    Crypto Store brings you a guide for storing your
    cryptocurrency safely. It is a must-read for all
    those who use cryptocurrencies for making
  • It is good to have any cryptocurrencies like
    Bitcoin, Ethereum, Litecoin, Ripple, Dash, NEO,
    TRON, Monero and others. But the more it makes
    you feel excited, the more you must express your
    concern for their security also.
  • Most importantly, it will also aware you about
    the risks involved in the crypto marketplace. But
    before that, let us give you a brief introduction
    about the crypto wallet.
What Do You Understand By Crypto Wallet?
  • You can understand crypto wallet as a software
    technology, which is made for storing the private
    and public keys, monitoring the balance and also
    getting connected to multiple blockchains.
  • Although there are many cryptocurrencies wallets,
    still, it makes a difference between them in
    terms of hot or cold. Now the term hot or cold
    must have dragged your attention as to what they
  • A hot wallet is one which is internet-connected
    and is accessible at any time. On the other side,
    a cold wallet is just opposite as it is
    unconnected with the internet but enables the
    user to store his/her funds online.
  • Another difference to know between the wallets is
    that hot wallets consist almost all online cloud
    wallets, most of them are mobile, exchanges and
    software wallets. Whereas cold wallets consist of
    hardware wallets, USB, physical bitcoins, offline
    paper wallets and data storage devices also. Each
    wallet is special in its own way, which is why
    people holding cryptocurrencies make the best use
    of them. Hot wallets are considered much
    convenient for trading, whereas cold wallets are
    beneficial for holding your crypto assets for the
    long term.
3 Useful Tips For Storing Your Cryptocurrencies
  • Now let's come back to our main topic, which is
    about storing your cryptocurrencies safely. To
    understand it, you need to follow some tips which
    are given below. These 3 tips are best to guide
    you about protecting your cryptocurrencies.
Keeping The Funds Separated
Always prefer to keep your crypto assets in
multiple places. The better solution for this is
to have more than one cold storage, which is the
ideal way for long-term holdings. Besides this,
you must also prefer to keep one hot wallet for
handy transactions and trading. This is the one
of the best ways for storing your
cryptocurrencies safely.
Checking The Crypto Addresses Twice
  • Now here you need to be extra careful as there
    are malicious programs, that are perfect in
    editing and pasting the wrong address, whenever
    you send a transaction. You need to be aware of
    the fact that an attacker is familiar with the
    new address. So better stay safe than to repent.
  • Be Careful About Phishing Sites
  • Be very extra careful while connecting to an
    online wallet or exchange. Better confirm about
    logging into the right address. We are telling
    this because many fake websites are efficient in
    copying exchanges to steal your login data.
    Always check the authenticity of the website
Conclusion Apart from that, youve got to know
much about the concept of a crypto wallet,
including hot and cold wallets, and their uses.
In general, if you are using any technology,
especially if it is related to your finance, then
it is advised to keep your eyes open and protect
your cryptocurrency from frauds by malicious
sites and hackers. Sources https//
Crypto news and articles
Exchange wallet listing
Market price analysis
Crypto discussion forum
ICO listing and rating
Crypto jobs marketplace
Tokens and coin listing
Airdrop and event listing
DApp listing review
ICO Launchpad
Crypto gaming platform
Blockchain tutorials and courses
For any further queries or clarifications please
contact at
- - info_at_cryptoknowmics
- -
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