Keep your crypto secure: essential tips for holding Bitcoin

January 11, 2024
1 min read

Tens of cases ranging from exchange hacks to lost private keys highlight the importance of individuals taking responsibility for the security of their Bitcoin holdings. This article highlights the risks associated with using exchange default wallets, such as the vulnerability to hacking, and emphasizes the importance of using secure storage methods, like cold storage or hardware wallets. It also discusses the different types of software wallets – mobile, desktop, and online – and the varying levels of convenience and security they offer. The article concludes by providing security tips for users, including encrypting wallets, using hardware wallets when possible, regularly backing up wallets, and avoiding sharing private keys or passwords.

Previous Story

Deloitte’s Zach Aron: Payments Revolution in 2024

Next Story

Tackling the AI maze: finance’s complexities and risks unraveled.

Latest from Blog

Japan Fintech: JFSA’s Perspective

TLDR: Shigeru Ariizumi, Vice Minister for International Affairs at Japan Financial Services Agency, discusses the future of fintech regulations and opportunities in