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"TUTORIAL -  MUST READ: Easy ways to keep your Crypto safe...
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#1
Security concerns surrounding Cryptocurrencies are a major issue, especially with recent news regarding security breaches and scams. Here are a few handy tips to help keep your Crypto safe…
 
Keep your larger reserves in ‘Cold storage’
Anybody who has been following theMt Gox story will tell you the benefit of ‘Cold Storage’. This refers to any wallet that is kept offline, and hence, cannot be reached by hackers. For the frequent Crypto trader, keeping a wallet on a USB stick or another form of detachable media may not be the most convenient, but I’ll wager that losing all of your coins would be far less convenient. If you are keeping large amounts of Crypto for long periods of time, consider keeping them separate from any potential intrusions.

 
Encrypt your wallet
Encrypting your wallet with a password adds an extra layer of security to your wallet. A strong password will mean that even if somebody does access your system, they will not be able to simply transfer your Crypto out of your wallet. Use a password that is unique to any other password you use, and be generous with the capitals, numbers and symbols. Add yet another level of security to your wallet by adding another password to the folder in which you keep your wallet.

 
Create a backup of your wallet, and keep it in cold storage
Wallets can be copied and backed up. My recommendation is to regularly back up and encrypt your wallet on a USB stick, and keep it in cold storage. This will provide security should something unthinkable happen to the media used to store your wallet.

 
Keep your wallet software up-to-date
This is one of the easiest, most obvious and yet most neglected methods of keeping your wallet safe. Updates are there to keep your wallet secure before system weaknesses are exploited. Ensure your wallet is kept up-to-date and maximise your security.

 
Avoid mobile phone application wallets
At present, many apps for Cryptocurrency wallets have questionable security benefits, and should probably be avoided until such time as the technology develops further.

 
Run security software regularly on your computer
Aside from the obvious downsides of malware, viruses and the like, there are now many pieces of malware specifically designed to target Cryptocurrencies, and drain wallets. Ensure your anti-virus software is up-to-date and used regularly.
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#2
keep wallet software updated, hmm its easier using web wallet
keeping in cold storage, hmm i think the private key only

i often use the mobile phone, easier
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#3
(21-07-2017, 04:43 PM)prime Wrote: keep wallet software updated, hmm its easier using web wallet
keeping in cold storage, hmm i think the private key only

i often use the mobile phone, easier

The easiest way is not the safest. But for small amounts you can afford to lose it is ok.
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#4
(08-07-2017, 07:03 PM)brandnew1 Wrote: Security concerns surrounding Cryptocurrencies are a major issue, especially with recent news regarding security breaches and scams. Here are a few handy tips to help keep your Crypto safe…
 
Keep your larger reserves in ‘Cold storage’
Anybody who has been following theMt Gox story will tell you the benefit of ‘Cold Storage’. This refers to any wallet that is kept offline, and hence, cannot be reached by hackers. For the frequent Crypto trader, keeping a wallet on a USB stick or another form of detachable media may not be the most convenient, but I’ll wager that losing all of your coins would be far less convenient. If you are keeping large amounts of Crypto for long periods of time, consider keeping them separate from any potential intrusions.

 
Encrypt your wallet
Encrypting your wallet with a password adds an extra layer of security to your wallet. A strong password will mean that even if somebody does access your system, they will not be able to simply transfer your Crypto out of your wallet. Use a password that is unique to any other password you use, and be generous with the capitals, numbers and symbols. Add yet another level of security to your wallet by adding another password to the folder in which you keep your wallet.

 
Create a backup of your wallet, and keep it in cold storage
Wallets can be copied and backed up. My recommendation is to regularly back up and encrypt your wallet on a USB stick, and keep it in cold storage. This will provide security should something unthinkable happen to the media used to store your wallet.

 
Keep your wallet software up-to-date
This is one of the easiest, most obvious and yet most neglected methods of keeping your wallet safe. Updates are there to keep your wallet secure before system weaknesses are exploited. Ensure your wallet is kept up-to-date and maximise your security.

 
Avoid mobile phone application wallets
At present, many apps for Cryptocurrency wallets have questionable security benefits, and should probably be avoided until such time as the technology develops further.

 
Run security software regularly on your computer
Aside from the obvious downsides of malware, viruses and the like, there are now many pieces of malware specifically designed to target Cryptocurrencies, and drain wallets. Ensure your anti-virus software is up-to-date and used regularly.


[your post been Auto-Merged, to prevent spam to abuse the Free XLM promo]

Do you know who to make a backup from the Stellar Wallet?
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#5
19 shock1 
Security is Important for Account ... Much Hacker everywhere 
if you not to Build Crypto Safe the Account will be Hacked lol ... [Image: 19%20shock1.gif]
Thank You For Information
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#6
(08-07-2017, 07:03 PM)brandnew1 Wrote: Security concerns surrounding Cryptocurrencies are a major issue, especially with recent news regarding security breaches and scams. Here are a few handy tips to help keep your Crypto safe…
 
Keep your larger reserves in ‘Cold storage’
Anybody who has been following theMt Gox story will tell you the benefit of ‘Cold Storage’. This refers to any wallet that is kept offline, and hence, cannot be reached by hackers. For the frequent Crypto trader, keeping a wallet on a USB stick or another form of detachable media may not be the most convenient, but I’ll wager that losing all of your coins would be far less convenient. If you are keeping large amounts of Crypto for long periods of time, consider keeping them separate from any potential intrusions.

 
Encrypt your wallet
Encrypting your wallet with a password adds an extra layer of security to your wallet. A strong password will mean that even if somebody does access your system, they will not be able to simply transfer your Crypto out of your wallet. Use a password that is unique to any other password you use, and be generous with the capitals, numbers and symbols. Add yet another level of security to your wallet by adding another password to the folder in which you keep your wallet.

 
Create a backup of your wallet, and keep it in cold storage
Wallets can be copied and backed up. My recommendation is to regularly back up and encrypt your wallet on a USB stick, and keep it in cold storage. This will provide security should something unthinkable happen to the media used to store your wallet.

 
Keep your wallet software up-to-date
This is one of the easiest, most obvious and yet most neglected methods of keeping your wallet safe. Updates are there to keep your wallet secure before system weaknesses are exploited. Ensure your wallet is kept up-to-date and maximise your security.

 
Avoid mobile phone application wallets
At present, many apps for Cryptocurrency wallets have questionable security benefits, and should probably be avoided until such time as the technology develops further.

 
Run security software regularly on your computer
Aside from the obvious downsides of malware, viruses and the like, there are now many pieces of malware specifically designed to target Cryptocurrencies, and drain wallets. Ensure your anti-virus software is up-to-date and used regularly.
Very good one. Thanks for sharing this.
Reply
#7
(08-07-2017, 07:03 PM)brandnew1 Wrote: Security concerns surrounding Cryptocurrencies are a major issue, especially with recent news regarding security breaches and scams. Here are a few handy tips to help keep your Crypto safe…
 
Keep your larger reserves in ‘Cold storage’
Anybody who has been following theMt Gox story will tell you the benefit of ‘Cold Storage’. This refers to any wallet that is kept offline, and hence, cannot be reached by hackers. For the frequent Crypto trader, keeping a wallet on a USB stick or another form of detachable media may not be the most convenient, but I’ll wager that losing all of your coins would be far less convenient. If you are keeping large amounts of Crypto for long periods of time, consider keeping them separate from any potential intrusions.

 
Encrypt your wallet
Encrypting your wallet with a password adds an extra layer of security to your wallet. A strong password will mean that even if somebody does access your system, they will not be able to simply transfer your Crypto out of your wallet. Use a password that is unique to any other password you use, and be generous with the capitals, numbers and symbols. Add yet another level of security to your wallet by adding another password to the folder in which you keep your wallet.

 
Create a backup of your wallet, and keep it in cold storage
Wallets can be copied and backed up. My recommendation is to regularly back up and encrypt your wallet on a USB stick, and keep it in cold storage. This will provide security should something unthinkable happen to the media used to store your wallet.

 
Keep your wallet software up-to-date
This is one of the easiest, most obvious and yet most neglected methods of keeping your wallet safe. Updates are there to keep your wallet secure before system weaknesses are exploited. Ensure your wallet is kept up-to-date and maximise your security.

 
Avoid mobile phone application wallets
At present, many apps for Cryptocurrency wallets have questionable security benefits, and should probably be avoided until such time as the technology develops further.

 
Run security software regularly on your computer
Aside from the obvious downsides of malware, viruses and the like, there are now many pieces of malware specifically designed to target Cryptocurrencies, and drain wallets. Ensure your anti-virus software is up-to-date and used regularly.


This is awesome! Great source of information. Hackers are everywhere, not just that, crypto related crimes are also growing in number. This is really alarming! Thanks for the info, I will read this and keep it on my notes Big Grin
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