One of the most important issues in cryptocurrency involves how best to secure and protect digital assets owned by consumers. Just like one wouldn’t leave their physical wallet out in a public space, keeping one’s digital wealth (like bitcoin) away from thieves requires taking certain precautions. These steps are not always the same as those for general internet safety. In consultation with cryptocurrency security expert, Isaiah Sardu, BitIRA has written a Cryptocurrency Security Guide to help anybody investing in bitcoin or other coins to minimize risk to their digital assets.
The guide describes the various methods that digital thieves use to attempt to access others’ crypto wealth. Once these threats are understood, the reader is introduced to best practices for protecting their assets. Practical tips are highlighted so consumers don’t fall for common tricks used by criminals like phishing or social engineering. Anybody investing in cryptocurrency should take some time to read this extensive guide, which also includes links for further reading about specific security issues in even more detail.
Some of the common cryptocurrency security questions addressed in the guide include:
- How many types of crypto-related security vulnerabilities are there?
- Do I need to become a technical wizard to keep my coins safe?
- What is the most common type of security problem?
- How can I reduce the risk to my cryptocurrency holdings?
- What resources do I need to reduce crypto-related security risks?
Read the Cryptocurrency Security Guide today.