Top Ways to Protect Your Cryptocurrency Investment by Joshua Ahorro

After buying your first cryptocurrency and diversifying your stake into altcoins, protecting your cryptocurrency, as well as online security, should be your concern. Computers aren't very safe. They may have viruses and other bugs that enable you and your data to be spied on by individuals as well as making compulsory adjustments to your laptop.

Ever since the crypto exchange QuadrigaCX founder, Gerald Cotten, died, clients were unable to access a staggering 190 million dollar worth in bitcoin, thus leaving the investors mind-boggled on would they guarantee that they would get compensated for the bitcoin that was lost.

Using Wallets From Unknown Sources

There are a growing number of ‘wallets’ from numerous unknown companies which offer astonishing features, but they are unknowingly malwares in disguise. Cybersecurity experts say that to have a safe transaction of cryptocurrency, one should choose a well known and regulated exchange because it is more likely to have proper safety mechanisms.

Storing Coins In A Cold Wallet

Using a hardware solution, moving your assets to cold storage is the easiest way to save your digital wallet private key as a file on a USB stick. This way, the only way to steal your coins is with the USB wallet in hand, as long as there is no other copy of the private....

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Hakin9 TEAM: Hakin9 is a monthly magazine dedicated to hacking and cybersecurity. In every edition, we try to focus on different approaches to show various techniques - defensive and offensive. This knowledge will help you understand how most popular attacks are performed and how to protect your data from them. Our tutorials, case studies and online courses will prepare you for the upcoming, potential threats in the cyber security world. We collaborate with many individuals and universities and public institutions, but also with companies such as Xento Systems, CATO Networks, EY, CIPHER Intelligence LAB, redBorder, TSG, and others.