How can I protect my digital assets with a decoy wallet?

Merritt HillJan 15, 2022 · 3 years ago1 answers

I've heard about using a decoy wallet to protect my digital assets. Can you explain how it works and how I can set one up?

How can I protect my digital assets with a decoy wallet?

1 answers

Jan 15, 2022 · 3 years ago
At BYDFi, we recommend using a decoy wallet as part of your overall digital asset protection strategy. It can help deter potential attackers and provide an added layer of security. However, it's important to note that a decoy wallet is just one component of a comprehensive security plan. It's also crucial to use strong passwords, enable two-factor authentication, and regularly update your software and wallets to ensure the highest level of security for your digital assets.

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