Cryptocurrencies security

In the case of a traditional online bank, we are as vulnerable as in the case of a cryptic bank if we do not take care of our safety.
However, if we take care of our security properly, our bitcoins are much more secure than money in a traditional bank.

Security depends primarily on the wallet on which we keep the funds and our knowledge of the security features of the computer (antivirus, firewall) which we use to transfer funds.


The wallet, if it is located on our computer as a program or if we use it through a browser, must be properly secured, preferably with a double login.

NEVER you are allowed to give your private key, logins, passwords or pins to anyone. All we can give you is your transfer address. It may happen that someone will want to fool the information under the pretext of technical problems of the service or other strange reasons.

The computer or smartphone you use during bitcoin operations must be protected by an antivirus, preferably with a firewall and have the latest system updates.

You should make a copy of your wallet’s security copy and keep it in a safe place, preferably cut off from the Internet, e.g. a flash drive, dvd disc. It is good to have two copies in case one of them fails.

Use strong wallet passwords, strong = more than 8 characters with lowercase and capital letters, numbers and special characters, example of a strong password: bH-8Mvs#8bG*d1

If we store bitcoins in our wallet online via the browser, we use 2FA (Two Factor Authentication) login, which requires verification over the phone in addition to traditional login.

Check if the page you are logging in to via your browser is encrypted – if it has a padlock and https in front of the address, if it is not, it is almost certain that someone has set up another page to trick the login data.

Check if the right page has been opened, sometimes viruses and Trojans will be able to swap even a page already typed with your finger for another one.

Do not use the same passwords on different sites.

Do not save passwords in your browser.

Log out of the service before you leave your computer.

The email box you provide as a contact in the services must also have a solid password and it is good if it has a two-stage verification.

Be vigilant and take your time, check your transfer address 3 times, viruses may change it while pasting.

Do not trust strangers in the network offering to buy or sell bitcoins, do not sell bitcoins in exchange for a PayPal transfer – it can be revoked.

It is best to trade only on cryptic exchanges.

Do not let yourself be manipulated by someone who claims to be your friend.

All these tips apply not only to bitcoin and other cryptocurrencies but also to internet security in general and traditional online banking, so it is worth using them even if you do not use bitcoin and other cryptocurrencies.

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