Crucial Cryptocurrency Security Measures

<p style&equals;"text-align&colon; justify&semi;">Whether you are an investor or a <a href&equals;"https&colon;&sol;&sol;newsforpublic&period;com&sol;best-cryptocurrencies-worth-investing&sol;">trader in cryptocurrencies<&sol;a>&comma; there are several security measures you should take&period;  Cryptocurrencies are in their infancy and have yet to gain mainstream adoption&period; Just like the internet&comma; cryptocurrencies will grow with time and become more secure by design as well as through user experience &lpar;UX&rpar;&period; In this article&comma; we provide you with some <a href&equals;"https&colon;&sol;&sol;www&period;redteamsecure&period;com&sol;blog&sol;4-key-cryptocurrency-security-measures-are-you-following-them" target&equals;"&lowbar;blank" rel&equals;"noopener">security measures<&sol;a> that you should take if you intend to invest or trade in cryptocurrency&colon;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;">Backup your wallets<&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">You should keep multiple backups of your wallet&period; It is better to store these backups offline so that they remain safe from cyber-attacks&period; Although a cryptocurrency exchange might be backed up by advanced firewalls and robust security systems&comma; it&&num;8217&semi;s still advisable to keep an offline backup of your crypto assets&period; Backup could mean physical paper copy or another cold storage medium like USB drive or CD&sol;DVD&period; This prevents access by hackers and other cyber-criminals&period;<&sol;p>&NewLine;<h2>Only login from secure connections<&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">It is advisable to only login into your exchanges and wallets from a secure network connection&period; If you are doing crypto business on an insecure connection&comma; there&&num;8217&semi;s a risk that the information could be captured by hackers or other cyber criminals&period; Take time to ensure the integrity of your account before making any transaction&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;">Verify every transaction<&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Before sending away cryptocurrency tokens&comma; it is important that one checks for double-spends&period; One can also use blockchain explorers which speed up this process tremendously&period; Trading on safe platforms like <a href&equals;"https&colon;&sol;&sol;thebitcoinsystem&period;io&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">thebitcoinsystem&period;io<&sol;a> will enhance your security&period; You can even check through API keys and withdraw limits if necessary&period; These measures reduce the chances of getting scammed because they help to verify transactions before executing them in order to avoid double-spends attacks and other scams that might target your crypto wallets&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;">Check for malware and viruses<&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">One of the easiest ways to lose all your cryptocurrency tokens is by having a computer infected with malware or a virus&period; The best way to avoid this from happening is by using updated anti-virus software&comma; an anti-spyware&comma; as well as keeping the operating system up to date and performing routine scans on the computer&period; The key here is making sure that you do not download files or apps from unverified sources &lpar;like emails&rpar;&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;">Secure private keys<&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">No matter how secure your cryptocurrency wallet might be if the private keys are stolen then it means that all crypto assets stored in that particular wallet will be lost&period; Therefore&comma; it is important to keep them safe&period; One should therefore use cold storage while having hot storage as a backup option&period;<&sol;p>&NewLine;<h2>Store your cryptocurrency in a dedicated hardware wallet<&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">One of the most important aspects that people ignore is to secure their cryptocurrencies by storing them on an external or internal hardware wallet&period; If you are using any exchange which is not providing you with an option to store your digital currency offline&comma; then it is better to look out for another platform as losing your cryptocurrencies due to a cyber-attack can be very depressing and disastrous&period;<&sol;p>&NewLine;<h2>Using two-factor authentication &lpar;2FA&rpar;<&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Many exchanges and online wallets have started offering 2FA services for all transactions as a safety measure&period;  It is strongly recommended to use 2FA in addition to two-step verification for logins&period; There should be a wallet backup option provided by the online wallets as well as exchange platforms&period; The backup option can help you store your coins offline and secure them against potential issues that can occur due to technical failure or cyber-attack&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><strong>Conclusion<&sol;strong><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><a href&equals;"https&colon;&sol;&sol;beincrypto&period;com&sol;learn&sol;top10-must-have-cryptocurrency-security-tips&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">Safety in crypto trading and investment is essential<&sol;a>&period; It is advisable that one should not click on any unknown links while using online wallets or exchange platforms&period; It’s better to keep these sorts of activities at bay until and unless there is an urgent need or requirement involved&period;<&sol;p>&NewLine;