April 3, 2019, | AtoZ Markets – Over the last few years, the number of crypto holders that had lost their funds due to the hackers. And the crypto exchanges security vulnerabilities has grown. The crypto enthusiasts continue exploring the new ways on how to prevent crypto investment loss.
Proper security measures help to prevent loss of digital funds
Crypto investment loss happens due to crypto jackers
QuadrigaCX clients’ fate stays unknown
Lost funds might never be compensated
Ensuring private keys will help to prevent crypto investment loss
Using paper or hardware wallet helps to prevent crypto investment loss
- The paper wallets generator used is not a phishing site that might steal private keys.
- Always use antivirus software.
- If possible, print your paper wallets on an unconnected printer to the Internet. To make sure that any viruses that may be in your printer will not be able to steal your keys.
Cryptocurrency deposits are for large amounts of cryptos
Careful examination of the crypto exchanges another measure to protect personal funds
- Anyone hacked this platform before? Also what steps has the platform taken to prevent similar incidents in the future?
- This service is secure? Also does a government agency or private company protect it?
- What customer-service is available?
- Location of the platform? Also what government regulations protect a user in the event of a hack or other emergency?
- What is the reputation of this platform in the cryptocurrency community?
- How does this platform store its cryptocurrency? Is cold storage available?
- What types of protection are available for the users? Does the platform use two-factor authentication?
- Have there ever been phishing sites of an “imitator” on this platform? What were the addresses of these sites?