How to Keep Your Crypto Secure

Guide

As crypto trading becomes increasingly mainstream, cybercriminals are getting more creative and persistent in their attempts to steal assets. Fortunately, you can significantly enhance your digital security by taking a few simple steps. These tips help not only with protecting your crypto but also with safeguarding your entire digital life.

Understanding Account Takeovers

An “account takeover” (ATO) occurs when someone gains unauthorized access to one of your accounts. A common method is the “SIM-swap” attack, where attackers convince your mobile provider to switch your number to their SIM card, allowing them to intercept two-factor authentication (2FA) codes sent via SMS. With these codes and stolen passwords, attackers can access your email, social media, cloud storage, or financial accounts.

Tips to Keep Your Crypto Secure

1. Use a Password Manager

Use unique, complex passwords of at least 16 characters. Password managers like 1Password or Dashlane help generate and manage these passwords securely. You can also check if your passwords have been exposed in data breaches using .

2. Enable Two-Factor Authentication (2FA)

  • Use the strongest 2FA available: preferably a hardware key like Yubikey.
  • If not available, opt for authenticator apps like Google Authenticator or Duo Security.
  • If SMS 2FA is your only option, ensure a code is required on every login.
  • If a service doesn’t offer strong 2FA, consider not using it.

Stay Vigilant

Don’t Make Yourself a Target

Avoid sharing your crypto holdings publicly. Treat your digital wealth like physical cash and maintain discretion.

Beware of Scams

Never give out your passwords, 2FA codes, PINs, or allow remote access to your computer. Be wary of impersonators claiming to be support agents. Major tech companies won’t call you about your computer.

Check URLs Carefully

Fake websites can look like real exchanges but are designed to steal your credentials. Always verify URLs before entering any information. When in doubt, copy the link to a text editor first to review it safely.

By understanding these risks and taking simple precautions, you can greatly reduce the chances of being compromised and keep your crypto secure.