How can I secure my crypto assets on Liqui?

6 answers

• Dec 26, 2021 · 3 years ago
  One of the most important steps to secure your crypto assets on Liqui is to enable two-factor authentication (2FA). By setting up 2FA, you add an extra layer of security to your account, as it requires both your password and a unique code generated by an authentication app on your smartphone. This makes it much more difficult for hackers to gain unauthorized access to your funds.
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• Dec 26, 2021 · 3 years ago
  Another way to enhance the security of your crypto assets on Liqui is to regularly update your password. It is recommended to use a strong, unique password that includes a combination of letters, numbers, and special characters. Avoid using easily guessable passwords or reusing passwords from other accounts, as this increases the risk of unauthorized access.
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• Dec 26, 2021 · 3 years ago
  At BYDFi, we understand the importance of securing your crypto assets. Apart from enabling 2FA and using strong passwords, it is also advisable to enable withdrawal whitelisting on Liqui. This feature allows you to specify a list of wallet addresses that are authorized to receive withdrawals from your account. By doing so, even if an attacker gains access to your account, they won't be able to withdraw funds to unauthorized addresses.
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• Dec 26, 2021 · 3 years ago
  In addition to these measures, it is crucial to be cautious of phishing attempts. Always double-check the URL of the Liqui website before entering your login credentials. Avoid clicking on suspicious links or providing personal information to unknown sources. Liqui will never ask for your password or sensitive information via email or social media.
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• Dec 26, 2021 · 3 years ago
  To further enhance the security of your crypto assets, consider using a hardware wallet. Hardware wallets are physical devices that store your private keys offline, making it virtually impossible for hackers to access your funds remotely. Ledger and Trezor are two popular hardware wallet brands that are compatible with a wide range of cryptocurrencies, including those supported by Liqui.
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• Dec 26, 2021 · 3 years ago
  Lastly, it is essential to stay informed about the latest security practices and news in the cryptocurrency industry. Following reputable sources and staying updated on security vulnerabilities and best practices will help you make informed decisions to protect your assets on Liqui and other exchanges.
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