5 STEPS TO KEEP YOUR DASH SAFE | Safe Cryptocurrency | Dash Coin

5 STEPS TO KEEP YOUR DASH SAFE | Safe Cryptocurrency | Dash Coin - Crypto Wallets Info

                                

Crypto Wallets Info

5 STEPS TO KEEP YOUR DASH SAFE. Theft and human error are the greatest risks to Dash coin and cryptocurreny holders. There are many benefits to using dash coin just as long as you keep your private keys secure. Transactions are irreversible which makes it very difficult to recoup lost funds.

For those who are new to crypto, here are three simple steps to keep your coins safe…

#1: Use Cold Storage

Cold storage means isolating your private keys from the internet by keeping them offline. This can be done by creating a paper wallet or using a hardware wallet. If done properly, private keys sitting on cold storage are unhackable.

The simplest and most convenient way to store your coins is to use a hardware wallet like Trezor and Ledger. These wallets will give you all the ease of a web wallet combined with the security of cold storage.

#2: Minimize Counterparty Risk

Most coin losses are the result of exchanges getting hacked or mismanaging money. Exchanges are useful for trading coins but you need to be mindful of the risk. It’s important to not use exchanges as a bank or a permanent way to store your private keys.

#3: Use Strong Passwords

When opening any cryptocurrency related accounts you want to make sure to use strong and unique passwords. Most people make the mistake of using the same simple passwords on multiple accounts. Your passwords should be at least 16 characters long with a combination of numbers, letters, capitals and symbols. It’s important to not reuse any of your passwords or store unencrypted digital copies of them.

#4: Use Two Factor Authentication

Anytime you open up an account on an exchange it’s important to activate two-factor authentication (2FA) in the security settings. 2FA generates a secondary password on your phone or device every time you log into your account. In the event that a hacker gets a hold of your password they also need physical access to your phone as well.

#5: Double Check Addresses

When sending or receiving coins you always want to double check that you’re sending to the right address. Bitcoin accidents can be very costly so take your time and make triple sure when sending money.

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[BITCOIN] 1P9e3aFqVSzFczpTpYQuuWYAuvFcmzjcSo

[LITECOIN] LViXEZrLQUi1T1eAtPh6vWzDf4QVhJsiqs

[DOGECOIN] D8vkFq5cDjPiKYGLAKYKvmNZH2AxAmVLok

[TRON] TMiajBAfpvaQ9YUTiv5GnNQ5dzBd2EQ1QQ

[ETH] 0xafbc06b6cc58780bc166ad426cb536c75a76cf3a

How To Restore Wallet Of Monero Coin. Step by step video to restore your monero address from Seed. Keep Restore from seed selected, give your wallet a name & storage location, and complete the Enter your 25 (or 24) word mnemonic seed. Optionaly, specify a Restore height (optional) to avoid scanning of oldest blocks. Then click the Right arrow. 

Disclosures NOT INVESTMENT ADVICE. Market data, articles and other content in this presentation are based on generally-available information and are believed tbe reliable. Crypto Wallets Info does not guarantee the accuracy of the information contained in this web site. The information, including any opinions expressed, is of a general nature, provided solely for entertainment and educational purposes.

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Disclaimer: I am definitely not giving you any financial or investment advice. This video and our website at Ultimate Money is for entertainment and education purposes only. It is of the utmost importance that you do your own research and use your own best judgment before making your own decisions.

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