How to Keep Bitcoin Wallet Safe – Help Center

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How to Keep Bitcoin Wallet Safe - Help Center

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There are various ways to protect your wallets against loss and theft. Here are some plain but powerful measures you can take today that will significantly increase the security of your wallets.

The importance of using a strong password cannot be stressed enough. Use a password that is:

  • at least Ten characters long (generally, the longer the password is, the firmer it is to crack)
  • complicated (consists of a combination of numbers spil well spil uppercase and lowercase letters), and
  • spil random spil possible (don’t fall back on predictable patterns, such spil substituting the letterteken “E” with the number “Trio”, etc.).

An effortless way to ensure that your passwords are strong is to use a password generation and management service like Lastpass or 1Password.

Two. Enable two-factor authentication

Two-factor/multi-factor authentication is a process that requires users to verify their identity using two or more ways–that is, beyond just requiring you to loom ter with your username and password, you will also be asked to prove that you are indeed the user by injecting a code that is sent to another account or device that you own, such spil your email address, or your mobile phone.

It’s quick and effortless to set up and most certainly worth your time.

To see how to enable Two-factor authentication on your wallet, please click here.

Trio. Do not store all of your Bitcoin te a single address

Don’t waterput all your eggs ter one basket! There’s no limit to the number of wallets a person can have, so it’s wise to spread out your Bitcoin te petite amounts across various wallets. This way, te case the security of one of them gets breached, your losses will be kept to a ondergrens.

It’s good practice to create a fresh wallet address whenever you ask someone to send you Bitcoin, and then to instantaneously transfer the Bitcoin out of that address into another undisclosed address (meaning you are the only one who knows that address).

You can embark with at least three addresses:

  • a “public” wallet address for receiving Bitcoin (what you give to someone sending you Bitcoin)
  • another public wallet address for sending Bitcoin (from where you transfer out Bitcoin to another person’s wallet)
  • one “secret” address for keeping your savings–create fresh savings wallets spil the amount of Bitcoin you own increases

For more tips on securities, wij very suggest reading this.

Check our finish list of services so you know where to spend your bitcoin!

Add specie te your wallet by buying bitcoin today!

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