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Top 10 Tricks To Keep Your Bitcoin Wallet Safe
Are you keen on creating Bitcoin portfolio, then one of the key things that you
need to consider is having a Bitcoin wallet. You may find many options, but when
it comes to using a Bitcoin wallet, then you must also know how to keep Bitcoin
wallet safe.
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10 tips and tricks to keep your Bitcoin wallet safe:
1. Prefer hardware wallet- There are different types of wallets available, but
when it comes to choosing the safest one, then you must consider hardware
wallet. It is perfect for those who have concerns regarding cyber threats.
Companies like Trezor and ledger offer USB-like decides which comes equipped
with encryption features that can only be accessed with the private key.
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2. Keep the private key offline- Another way to keep your Bitcoin wallet
protected is by keeping the private key offline, i.e. you can pen down the key on
the paper, and keep it in a safe place.
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3. Keep a check on the internet- Another impact aspect that you must not
ignore is that you must have a safe internet connection. If you have a Bitcoin
wallet on your laptop, then you must connect your laptop with the public network.
4. Switch to advanced antivirus system- One of the key aspect you must
not undermine is the antivirus software of your system. Windows are prone to
wider malware and other malicious programs. So, if you are using a Windows
operating system, then you must consider installing an advanced antivirus system.
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5. Neve click on the suspicious link- Beware of your malicious internet activity.
You may sometime encounter fishy links; these are malware that can hack into
your system and corrupt all the information. Make sure that you sue identical URL
address and if you are using online wallet where you are required to enter private
key, then make sure that you check the URL and verify that it is safe.
6. Never share private key- Irrespective of the trust level, you must never share
the private key to third-party. Ignore sharing private key is a strict no.
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7. Make use of strong password- Another key aspect that you need to take into
account is that the passwords that you use for the private key are strong. It must
be a mix of numbers and alphabets, make use of case-sensitive letters along with
special characters to keep it strong and unique.
8. Never share the private key- Irrespective of the trust level, you must never
share the private key with anyone.
9. Use two-factor authentication- One of the easiest ways to keep the wallet
safe is by using two-factor authentication. It nullifies any type of threat.
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10. Backup of digital wallet- Having a backup of digital wallet can keep your
asset safe. In case you lose the wallet, or your device fails to perform, then you
can use this digital wallet backup. Make sure that you keep the backup at a safe
place, and you can easily restore it.
Conclusion- With these basic tips, you can ensure the safety of your
cryptocurrency wallet. For more such interesting news, connect with Blockchain
Council today.
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