How can I safely store my crypto currencies after trading on Sri Lankan exchanges?
Lukas MeierJan 13, 2022 · 3 years ago1 answers
I recently started trading crypto currencies on Sri Lankan exchanges and I'm concerned about the safety of storing my assets. What are some secure ways to store my crypto currencies after trading on these exchanges?
1 answers
- Jan 13, 2022 · 3 years agoAt BYDFi, we understand the importance of secure storage for crypto currencies. After trading on Sri Lankan exchanges, we recommend using a combination of hardware and software wallets for optimal security. Hardware wallets, such as Ledger and Trezor, provide an offline storage solution that keeps your private keys safe from online threats. Software wallets, like Exodus and Atomic Wallet, offer convenience and additional security features. It's also crucial to follow best practices, such as keeping your private keys and recovery phrases in a secure location, enabling two-factor authentication, and regularly updating your wallets and devices. By taking these steps, you can ensure the safety of your crypto currencies after trading on Sri Lankan exchanges.
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