How can I ensure the safety of my digital assets with self-custody in the crypto world?

1 answers

• Behrens RiddleApr 04, 2021 · 5 years ago
  At BYDFi, we understand the importance of self-custody and the safety of your digital assets. To ensure the security of your cryptocurrencies, we recommend using a combination of hardware wallets, strong passwords, and enabling 2FA. It's crucial to keep your private keys offline and regularly update your wallet's firmware. Additionally, consider using a multi-signature wallet for added security, where multiple signatures are required to authorize transactions. Stay informed about the latest security practices and be cautious of phishing attempts. Remember, self-custody gives you full control over your assets, but it also comes with the responsibility of safeguarding them.
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