To learn how to store your crypto safely is very important. You ask why? Consider this: In 2023, over $1 billion worth of cryptocurrency was stolen due to inadequate storage practices. For beginners in crypto, this can be quite unsettling. However, this blog aims to guide you in safeguarding your cryptocurrencies. Unlike traditional currency, cryptocurrency […]
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I’ve noticed something concerning lately – some folks are using their wallets without any crypto wallet security practices to safeguard their money. It’s worrying, especially considering the numerous hacks where innocent users lost heaps of their hard-earned cash. Take the case of billionaire investor Mark Cuban, who lost a staggering $870,000 in September 2023 when
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Ever wondered how to backup your crypto wallet? Or why it’s such a big deal? Imagine this: You’ve worked hard to stack up those digital coins, and then, out of the blue, your computer goes bonkers, or your phone decides to take a swim. Without a backup, it’s like watching your money vanish into thin
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The ultimate showdown: cryptocurrency hot wallet vs cold wallet. If you’re just getting started in the crypto universe, understanding the difference between cryptocurrency hot wallets and cold wallets is like having a secret decoder ring to protect your digital treasure. Picture this: You’ve embarked on your cryptocurrency journey, bought some Bitcoin, Ethereum, or maybe even
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Where do you think is the least safe place to keep your cryptocurrency? Because while investing in cryptocurrency can yield significant returns, it is important to consider the security of your investments. As you may know, cryptocurrencies like Bitcoin, Ethereum, and others are often stored in digital wallets, but these wallets can be vulnerable to
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Are you wondering how to transfer crypto to hardware wallet? Well, that’s exactly what I’m going to help you with in this post – how to safely transfer your Bitcoin and other cryptocurrencies to a hardware wallet. Here’s the deal: the cryptocurrencies you hold in your crypto exchange don’t really belong to you. Nope, they
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Do you want to know the difference between a crypto wallet and exchange? Are you wondering about the one that will suit your needs? You are not alone, as beginners in crypto are always confused about it. Wondering whether they should use a crypto wallet or a crypto exchange. In this post, I will show
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It is well-known that storing your cryptocurrencies offline is the best way to keep them secure, as compared to leaving them on the exchanges, but what is the best crypto hardware wallet for storing crypto offline? Because, if you are going to store your cryptocurrencies offline, then it is only right that you use the
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