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How can I ensure the security of my crypto assets in a self custody wallet?

avatarAnalyn H. MendezDec 30, 2021 · 3 years ago1 answers

I want to keep my crypto assets safe in a self custody wallet. What are some measures I can take to ensure their security?

How can I ensure the security of my crypto assets in a self custody wallet?

1 answers

  • avatarDec 30, 2021 · 3 years ago
    At BYDFi, we understand the importance of keeping your crypto assets secure in a self custody wallet. Here are some tips to ensure their security. First, create a strong and unique password for your wallet. Avoid using common words or personal information that can be easily guessed. Second, enable two-factor authentication (2FA) to add an extra layer of protection. This can be done through an authenticator app or a hardware key. Third, regularly update your wallet software to ensure you have the latest security patches. Finally, consider using a hardware wallet for added security. These devices store your private keys offline, making it harder for hackers to access your funds. Remember, protecting your crypto assets is a top priority!