Over the years, Bitcoin use has soared. This currency’s success has made everyone interested in investing. But as there is a bright side, there is also bad news too. Hackers and scanners are becoming more common than you think.
With any kind of currency, security for your savings is vital. If you want to send, receive, or save money you will need a cryptocurrency wallet, but how do you keep it safe?
In order to dissuade hackers, scammers, and thieves from stealing your crypto profits, you must have a secure wallet. Crypto wallets can be a USB-drive or a mobile app, just to name some examples. It is best to do your research to figure out what wallet is best for you.
We have always seen technology as a friend, but over the past couple of years the users of the internet have become million, and that means that a portion of them are interested in hacking these types of accounts. That means that there is a lack of centralized authority overseeing the asset and you should be having the necessary precautions. As technology evolves so must our safety precautions.
According to DChained, an educational platform where you can learn from the experts of cryptocurrency, keeping your wallet and transactions safe is not as hard as you might think, and that is why they want to give you their top 3 ways to keep your Bitcoin wallet safe.
Find the hardware wallet that works best for you
Basically, a hardware wallet is a special type of bitcoin wallet which stores the user’s private keys in a secure hardware device. They have major advantages over standard software wallets: private keys are stored in a protected area of a microcontroller and cannot be transferred out of the device in plaintext.
The way that these hardware wallets work is the following: first the user plugs their devices into a device with an internet connection. Then, the user must enter a pin to initiate a transaction, and finally confirms to send the cryptocurrency.
Search for the antivirus of your preference
Since you are going to be working with an active internet connection you must have a trusty antivirus that allows you to have a secure connection during the time that you are making the transaction.
Whenever you are going to install your wallet to your device make sure to run your antivirus and check that there isn’t any malware running on pop-ups..
Always use a secure internet connection
Always avoid public connection. You shouldn’t make any bitcoin transactions if you are connected to a public place such as your local cafeteria, or park.
If you are outside and find yourself in the need of making a bitcoin transaction it is preferable to use your phone hotspot since you are the only one using that connection. In conclusion, it is always better to use a private connection that doesn’t have any weak points.
At the end of the day you are responsible for keeping your wallet safe.
What do you think about our top three? You can always find more recommendations by talking directly to the DChained experts!