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How can I ensure the security of my funds while trading on BitMEX in the US?

avatarTivalDec 29, 2021 · 3 years ago1 answers

As a US-based trader on BitMEX, what steps can I take to ensure the security of my funds?

How can I ensure the security of my funds while trading on BitMEX in the US?

1 answers

  • avatarDec 29, 2021 · 3 years ago
    As a US-based trader on BitMEX, it's important to prioritize the security of your funds. Here are some measures you can take: 1. Enable two-factor authentication (2FA) on your BitMEX account. This adds an extra layer of protection by requiring a verification code in addition to your password. 2. Use a strong, unique password for your account. Avoid using easily guessable passwords or reusing passwords from other platforms. 3. Regularly review your account activity and transaction history. If you notice any suspicious activity, contact BitMEX support immediately. 4. Keep your devices and software up to date with the latest security patches. This helps protect against known vulnerabilities. 5. Consider using a hardware wallet for storing your funds. This offline storage solution provides enhanced security against online threats. By implementing these security measures, you can trade on BitMEX in the US with greater peace of mind.