How to protect your crypto assets? The cryptocurrency market is facing security challenges and heavy hacking of major platforms, exposing the vulnerability of holding assets long-term on exchanges. Traders face three layers of risk, namely platform risk, user account risk, and wallet risk. To effectively protect capital, transferring main assets to offline hardware wallets is a necessity. It is also recommended to use multi-signature wallets for large funds. If you need to keep some capital on an exchange, you should replace SMS authentication with authenticator apps and enable the withdrawal whitelist. Rational distribution of assets between exchanges, hot and cold wallets is a key strategy for immunity against cyber shocks. Full text channel

How to protect your crypto assets? The cryptocurrency market is facing security challenges and heavy hacking of major platforms, exposing the vulnerability of holding assets long-term on exchanges. Traders face three layers of risk, namely platform risk, user account risk, and wallet risk. To effectively protect capital, transferring main assets to offline hardware wallets is a necessity. It is also recommended to use multi-signature wallets for large funds. If you need to keep some capital on an exchange, you should replace SMS authentication with authenticator apps and enable the withdrawal whitelist. Rational distribution of assets between exchanges, hot and cold wallets is a key strategy for immunity against cyber shocks. Full text channel