Steps To Protect Your Digital Currencies
Introduction ď‚— Cryptocurrency is a digital currency that is created through
the use of encryption software. This approach is a solution to security and control issues that prevented a purely digital currency from being successfully developed in the past. If you hear someone talking about one of these currencies, it’s almost certainly in a cryptocurrency format.
Steps To Protect Your Digital Currencies Never store your assets on an exchange Using Hardware wallets Using 2FA and Encrypted Email Use VPN to hide your IP Don’t use the mobile wallet
Never Store Your Assets on An Exchange  This is the most important tip, that’s why I have ranked this
tip at the top in my article because you can miss the other tips to protect your digital currencies but not this one at all. The purpose of exchange websites is to provide you a place to purchase digital currencies of your choice.
Using Hardware Wallets ď‚— I am sure that from the first tip, you already understand the
importance of a wallet to store the digital currencies. But do you know that the wallet which has been designed for the digital currencies also comes up in different types? Yes, they are available as a digital wallet where you create an online account on a website where the second option is hardware wallet for digital currencies
Using 2FA and Encrypted Email ď‚— Whether you are using digital currency exchange websites
to buy digital coins or wallet to store them, you need to enter your email ID in both steps. So, it is very important to protect your email ID too. If someone gets access to your email ID, the person can easily get access to your digital currency and use them for his own use.
Use VPN to Hide Your IP ď‚— The concept of VPN does not really require any
introduction anymore. This service now becomes very famous all around the world. Companies are using VPN services like NordVPN to protect their online activities from the hackers so that their business activities do not get leaked.
Don’t Use the Mobile Wallet  There are mobile applications who allow you to use your
mobile as a wallet device for your Cryptocurrencies. While they sound really good but at the same time, they put your digital cash on the risk. Putting your currencies in a device which can be lost easily or anyone can get access to it is not a good idea.
How Does Cryptocurrency Work?
Who I Am‌  OneCoin is a global company who specialize in digital
currency and network marketing based in Ireland.