A Guide on How To Protect Yourself from
Hackers Hacking Crypto Wallets
With the advent of
cryptocurrency and blockchain
technology, there's an entirely
new way for investors to get
involved: through digital
currency wallets.
Let's take a look at what
happens when someone tries
to hack a crypto wallet and how
investors can protect
themselves from such attacks.
First lets look at how hackers
get into cryptocurrency
wallets before discussing
how investors can protect
themselves.
Viruses are able to detect
copied cryptocurrency
addresses and swap them
for wallet addresses
belonging to hackers.
Here is how investors can protect their
investments: Use a Non-Custodial
Wallet When an investors have
substantial crypto holdings and are
concerned about hacking, it is
recommended that they use a non-
custodial wallet.
Non-custodial wallets give them
full control of their crypto wallet
keys and are preferred if they
don't want third parties to have
access to the wallet.
Some hardware wallets
have a multi-sig feature for
additional protection and
utilize multiple keys.
Hardware cryptocurrency
wallets deliver high-level
security through the use of a
secure chip and proprietary
operating system.
Investors have full control
over their private keys.
A good hardware wallet
allows investors to store
1000s of different
cryptocurrencies on one
device.
Find Out More At
https://metivers.com/