Are there any risks associated with leaving cryptocurrency accounts inactive for a long period of time?
Deleon McclainDec 01, 2022 · 3 years ago1 answers
What are the potential risks of not using or accessing cryptocurrency accounts for an extended period of time?
1 answers
- Lindholm McCaffreyOct 26, 2020 · 5 years agoAs a representative of BYDFi, I can say that leaving cryptocurrency accounts inactive for a long period of time can indeed pose risks. It is important to regularly log in and check your accounts to ensure the security of your funds. Hackers are constantly evolving, and inactive accounts are more vulnerable to attacks. Additionally, some exchanges may have policies that charge fees or impose penalties for prolonged account inactivity. To protect your assets, it is recommended to stay active and keep your accounts updated and secure.
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