How can I secure my external wallet for crypto?

1 answers

• Latoya HaylesJul 03, 2022 · 3 years ago
  At BYDFi, we recommend using a combination of security measures to protect your external wallet for crypto. First, ensure that you are using a reputable wallet provider that has a strong track record of security. Research the wallet's reputation and read reviews from other users. Second, consider using a separate device for your wallet, such as a dedicated smartphone or tablet. This reduces the risk of malware or keyloggers compromising your wallet's security. Third, enable biometric authentication if available, such as fingerprint or face recognition. This adds an extra layer of protection as it requires physical verification in addition to your password. Lastly, regularly monitor your wallet for any suspicious activity. Check your transaction history and verify that all transactions were authorized by you. If you notice any unauthorized activity, take immediate action to secure your funds and report the incident to the appropriate authorities.
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