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Scammer Everywhere, New Crypto users Pls read below basic steps to save your funds and wallets.

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by COINS NEWS 36 Views

Funds need to be in different wallets to avoid this kind of scams, Even exchange keep there money in different wallets. If you are new user please read below precautions

  1. Choose a Secure Wallet: Opt for reputable wallets like hardware wallets (e.g., Ledger, Trezor), software wallets (e.g., Exodus, Electrum), or mobile wallets from trusted providers.

  2. Use Hardware Wallets for Large Amounts: Hardware wallets are considered more secure, especially for significant amounts of cryptocurrency, as they are offline and less susceptible to online threats.

  3. Keep Software Updated: Ensure your wallet software is up-to-date to benefit from the latest security features and patches.

  4. Enable Two-Factor Authentication (2FA): If your wallet supports it, enable two-factor authentication to add an extra layer of security.

  5. Secure Backup: Create secure backups of your wallet's recovery seed or private keys. Store them in multiple secure locations, such as a safe or safety deposit box.

  6. Beware of Phishing: Be cautious of phishing attempts. Only use official websites or links to access your wallet, and never share your private keys or recovery seed.

  7. Use Strong Passwords: Set a strong, unique password for your wallet to prevent unauthorized access.

  8. Protect Against Malware: Keep your computer and devices secure by using reputable antivirus and anti-malware software.

  9. Public Wi-Fi Caution: Avoid accessing your wallet on public Wi-Fi networks to minimize the risk of potential attacks.

  10. Regularly Check Balances: Monitor your cryptocurrency balances and transactions regularly to detect any unauthorized activity.

submitted by /u/Rajking777
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