What are the best practices for securing a contract address in crypto?

1 answers

• Dec 25, 2021 · 3 years ago
  At BYDFi, we recommend using a combination of cold storage and multi-factor authentication to secure your contract address. Cold storage involves storing your private keys offline, away from potential online threats. This can be done through hardware wallets or paper wallets. Additionally, enabling multi-factor authentication adds an extra layer of security by requiring a second form of verification, such as a fingerprint or a unique code. By implementing these best practices, you can significantly reduce the risk of your contract address being compromised.
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