Introduction
In 2022 and 2023, the total value lost from crypto-related crimes exceeded $61 billion. Security is paramount for anyone involved in the Crypto markets. Here are 10 tips to keep your crypto investments safe online:
1. Use Multiple Browser Profiles:
Create separate profiles for different tasks to minimize the risk of compromising your crypto profile’s privacy. This also protects against malware. Use one browser profile only for crypto related activity and use a different profile for everything else.
2. Use the "Wallet Guard" Chrome Extension:
Install the “Wallet Guard” extension from the Chrome Web Store, set it up, and benefit from real-time monitoring of your crypto transactions to detect and prevent security breaches.
3. Use the "Revoke.cash" Chrome Extension:
Similar to Wallet Guard, the “Revoke.cash” browser extension offers additional security layers against potential threats, providing multiple layers of protection.
4. Use a VPN Browser Extension:
Disguise the source of your online activity to prevent cybercriminals from tracing you back to your personal network, especially when performing banking or crypto-related activities.
I prefer to use NordVPN. Referral link.
5. Set Up 2-Factor Authentication (2FA):
Add a secondary layer of security to your accounts, reducing the risk of unauthorized access even if passwords are compromised.
6. Complete KYC with Your Preferred Crypto Service:
KYC adds a secondary layer of security to your account, making it more difficult for malicious attackers to gain access to your account if your passwords are compromised.
The KYC experience I had with Kucoin was great! Referral link.
7. Use Prepaid Visa Cards:
Prepaid cards aren’t linked to your crypto or bank accounts, reducing the risk of compromising all online accounts if they happen to get stolen.
8. Use Rabby Wallet:
Open-source and subject to regular security audits, Rabby Wallet offers a secure platform for managing crypto assets, it comes with 2FA settings as well as other security features.
Try Rabby Wallet today! Referral link.
9. Turn Off DMs in Discord:
Disabling DMs prevents cybercriminals from using this channel for malicious purposes, adding a digital barrier to protect you against unsolicited or inappropriate content such as links to websites with scripts that can take over your Discord account allowing them to impersonate you.
10. Beware of Social Engineering Attempts:
Exercise caution and skepticism when interacting with anyone online, especially in Discord and email. Be wary of impersonators and suspicious requests, and consider using third-party verification methods for any deals or transactions. If someone is offering to make a deal with you but refuses to use a third party to mitigate risk then they are trying to scam you.