Many Ways to Keep Crypto and Hive Assets Secure
But mostly of people have no idea about risks of their crypto assets can be stolen,hacks or are secure or not.
Even on Hive everyone focus on earning part more than making sure of assets are fully secured.
So, I'm Gonna share those ways I know and applying myself to keep all crypto and hive assets secure.
Ways to Keep Your Crypto and Hive Assets Secure
Hive is Crypto so if you know how to secure hive assets than you can Apply same thing in other crypto.
Firstly it depends where our Crypto Assets is being held and on which device.
Like on exchanges, non custodial wallet, Trezor and devices can be PC, Android or Ios etc.
1. Make sure Devices are safe to keep Crypto
Many people don't take this thing seriously and later their crypto been stolen in seconds.
It is essential thing to make sure crypto held on device like android is clean and safe enough.
we all keep so many apps on device for use or unnecessarily and Give all allows permissions that app asks and this is how some people end up losing their crypto.
And so if devices are clean and safe doesn't leak keys our assets are 60% secured.
2. Keep Crypto Assets in non custodial Wallet
Non custodial wallet aren't centralized entity and Key's belong to only you.
After seeing collapse of FTX exchange majority has realized or accepted these Exchanges aren't safe to keep Crypto.
The fact is by keeping funds on Non custodial Wallet none can steal it from you unless you leak keys to someone.
3. Secure Your Assets by Securing Keys
The Most important part is having Backup of Keys as a written form or digital copy at somewhere safe so that assets can be called as secured.
My Hive stays in Hive wallet and the first thing I did back then as a newbie was to write down all keys (seed phrases) in Notebook and I'm fully chill knowing it is safe Incase something bad happens with device.
4. Do not Trust free money scheme and Avoid clicking on Links
It is a real thing in crypto space tons of bots are on this particular thing to scam people through phishing links or airdrop and free crypto.
So, in search of hot chick in town you might end up losing all assets in minutes.
Don't fall in these traps and always avoid all these things.
5. Locking Hive a Way to Secure
The thing's I said above makes crypto secure 99% and even if there's 1% uncertainty about security.
By doing Power up Hive it means we are locking it and killing all hopes of hacker or stealer want to steal funds Incase unintentionally you've did something wrong and key's are leaked somehow.
Hive assets will be still safe and sound no one can touch it as long as you're taking care of keys as it is your child.
Conclusions: in the end keeping crypto or hive assets secure is a simple thing and we need to be responsible of our own actions and choices.
Stay at safe side and make wise decision with moving funds to exchanges or anywhere remember that assets are Secure and yours only when Keys are owned by you.
Memes are all mine & Created Using Meme Generator
Thanks for reading.
Greetings.
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https://twitter.com/1350003331549290497/status/1594426390815813632
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Very good points. Let's keep it safe!
!PIZZA
Thanks. 💯 Exactly!
!PIZZA !LUV !LOL
I strongly suggest authorization and permissions on wallet actions should ask for 2FA and multi-sig.
Posted Using LeoFinance Beta
Indeed. That is also important!
I don't like 2FA that much ever since I can't access to my own Wax account cuz of 2FA lost my device and didn't had idea that i need to keep backup of 2FA as well.
Multi-sig is Fine choice AFAIK.
!PIZZA
When i first join in crypto blogging site, the first and important thing I learned was to secure my assets. Although I use Exchanges, I know too whats the downside of using it. Anyways, maybe it is time for me to move some of my assets now, while waiting for the bull run that I am not even sure if it will ever happen pa, lol.
Indeed same.
Keep funds that you do trade with in exchange other holdings would be better in wallet tbh.
Haha, definitely bull run will happen once this bear cycle ends.
!PIZZA !LUV !LOL
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What?!! So, I should not click that 50 BTC claim link 🤪
Love you memes as usual.
!PIZZA
Haha. If you do claim 50 BTC make sure to send me some.
Thanks brah. !LUV !PIZZA
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Sure, I will send you the links 🙃
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