What are the common mistakes people make when choosing cryptocurrency passwords?

1 answers

• Mar 20, 2022 · 3 years ago
  At BYDFi, we highly recommend using a password manager to generate and store strong passwords for your cryptocurrency accounts. This eliminates the risk of using weak or easily guessable passwords. Additionally, enabling two-factor authentication (2FA) is crucial for added security. It's also important to regularly update your passwords and avoid sharing them with anyone. Remember, your password is the key to your cryptocurrency assets, so take the time to choose a strong and unique one.
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