How Can You Make Your Crypto Account More Secure?

One of the most curious subjects in cryptocurrencies, which is one of the popular investment tools of the last period, is undoubtedly security. We have prepared a guide for those who are wondering how we can increase the security of our cryptocurrency investments.
 How Can You Make Your Crypto Account More Secure?
READING NOW How Can You Make Your Crypto Account More Secure?

This guide contains some important details that you should consider to increase the security of your crypto accounts.

By following the steps in the guide, you can increase the security of your cryptocurrency accounts or wallets and reduce the risk of being stolen by hackers.

Little tips to increase the security of your crypto account or wallet

  • Use of strong passwords
  • Keep your account access information private
  • Beware of social engineering attacks
  • Use two factor authentication (2FA)
  • Use an empty wallet for airdrops
  • Use a cold wallet

Use of strong passwords

Using a strong password is undoubtedly one of the most important steps that can be taken to ensure the security of our crypto account. Using passwords that contain personal information such as your name, date of birth or the first phrases that come to mind, such as sequential numbers, significantly reduces the security of our crypto account and makes our passwords predictable. For this reason, we need to set a strong password when creating our account.

Your password must contain complex characters, upper and lower case letters, numbers, and symbols. Easy to guess and short passwords should be avoided as much as possible. If you are trading on more than one platform, set a different password for each platform than your other passwords. This will ensure that our accounts on other platforms are protected in case of any leakage from any platform or if your password is deciphered in any way.

Keep your account access information private

You should keep your crypto account access information (username, password) secure and not share it with anyone, including the support line of the platform you are using. Changing your passwords regularly can help improve the security of your crypto account. In addition to keeping your personal information safe, you can write it down on a piece of paper and keep it somewhere, in case you risk forgetting it.

If you are using digital wallets such as Metamask, Trust Wallet, you need to keep the 12-word special keywords given in the wallet setup so that you do not lose them. If you lose access to these private keys, you risk losing all the assets in your wallet. It is therefore vital to preserve these private keys.

Beware of social engineering attacks

Social engineering is the name given to the whole of the techniques used by cyber hackers, which includes many ways such as infecting their computers with viruses, trying to establish trust by communicating, or opening links to genuine-looking fake sites in order to trick users into sending their confidential data.

To gain access to your crypto accounts, hackers may introduce themselves as an authorized employee of the exchange, or they may contact you from a social media account that claims to be the support line of the exchange you use.

It may not always be possible to distinguish suspicious e-mails, fake websites and links that are almost identical to the original. Therefore, before taking action, you need to make sure that the link addresses of the sites and the addresses to which the e-mails are sent to you are really related to the platform.

Use two factor authentication (2FA)

Two-factor authentication(2FA) is a very important option for you to increase the security of your account. We recommend enabling 2FA to add an additional layer of security to your account. After activating this option, you will encounter an additional verification step other than your password, such as SMS and e-mail verifications when logging into your account. In addition, you can use reliable verification applications that provide two-factor authentication by regularly generating new codes, such as Google Authenticator.

Even if hackers have access to your password, you will greatly increase your chances of keeping your account safe, as it is very difficult for them to access the two-factor verification code. Enabling 2FA is vital for this reason.

Use an empty wallet for airdrops

In the world of crypto money, new blockchain networks and projects are being built every day. Some project teams are able to send airdrops as a thank you to early users who have tested their networks and tried the tasks they specify. If you are also interested in these airdrop opportunities, you can open a new wallet different from your main wallet. Thus, you protect your main wallet investments from possible security vulnerabilities in the sites to which you will connect the wallet or possible risks of the project.

If you are using digital wallets such as Metamask and Trust Wallet, disconnecting the wallet from the websites to which the wallet is connected from the wallet settings section after completing your transaction on the relevant sites can be considered as another way to increase your wallet security.

Use a cold wallet

A cold wallet, unlike a hot wallet, means an offline, that is, a cryptocurrency wallet that is not connected to the internet. You can use these wallets, which resemble USB sticks, to safely store your valuable cryptocurrencies such as Bitcoin (BTC) or Ethereum (ETH).

Cold wallets greatly reduce the possibility of your assets being stolen or damaged, as they ensure that cryptocurrencies are safe from risks over the internet.

Since cold wallets are offline for security reasons, they must be used with a device. If you are a cold wallet owner, you can view and trade your assets by connecting your wallet to a device.

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