How to Protect Your Cryptocurrency Against Hackers





2017 has been the year of Cryptocurrency, we have seen the rapid growth in the cryptographic world. Currently, this industry has over $129 billion of market cap. As this industry is becoming mainstream, more and more people are willing to invest in it.
With this growing curiosity among people about the cryptocurrency, the “blackhat hackers” have already started taking the leverage from it.
Below we have listed the top 3 ways that will guide you to protect your cryptocurrency.
1. Go for the Offline Storage
The best way to secure your cryptocurrency is to eliminate the medium which is connecting your cryptocurrency to the hackers. This can be done by doing the cold storage of crypto coins in the hardware ledger.
When it is not present on the internet i.e on the cloud, it is impossible to hack it online. One of the best cryptocurrency hardware wallet is Ledger Nano S which is commonly used to store cryptocurrency offline.
2. Never leave your cryptocurrency on the Exchanges
Exchanges are the platforms built to do the trading of cryptocurrency. If you are not actively trading, then I’d recommend you to take it off from the exchanges and keep it safe with you in your hardware ledger.
The reason behind this is that there are chances where your crypto exchanges might get hacked. Therefore, the best way to keep your cryptocurrency secure is to keep it in the safe locations.
3. Multiple Signature Wallets
Creating multiple signature wallets is also one of the ways to keep your cryptocurrency secure. Basically, the main purpose to use these wallets is to create more security for your cryptocurrency and to eradicate the human error. Moreover, it can be used by one or more people that eventually increase the security.
When the authentication will be done by more than one people, it creates a more secure environment for your cryptocurrency.
Over to you
There is always a risk of getting hacked is involved whenever it comes to digital currency. The best solution to protect your cryptocurrency against hackers is to do the diversification.


Always keep some portion of your currency in the hardware wallet and some in wallet from which you can do the transactions quickly.

Always remember that it’s entirely your responsibility to ensure your crypto investments security. In order, to protect your cryptocurrency against hackers you must follow the above-mentioned steps to minimize risk.

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