What are the best practices to protect my digital assets from being hacked on MEW?

5 answers

• Dec 26, 2021 · 3 years ago
  One of the best practices to protect your digital assets on MEW is to enable two-factor authentication (2FA). By adding an extra layer of security, 2FA requires you to provide a second form of verification, such as a code from an authentication app or a text message, in addition to your password. This helps prevent unauthorized access to your account even if your password is compromised. Additionally, make sure to use a strong and unique password for your MEW account, and avoid reusing passwords from other platforms. Regularly updating your password is also recommended to stay ahead of potential security threats.
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• Dec 26, 2021 · 3 years ago
  Another important practice is to be cautious of phishing attempts. Hackers may try to trick you into revealing your login credentials or private keys through fake websites or emails that appear to be from MEW. Always double-check the URL of the website you are visiting and ensure it is the official MEW website. Avoid clicking on suspicious links and never share your private keys or recovery phrases with anyone. It's also a good idea to bookmark the official MEW website and use that bookmark to access the platform instead of relying on search engine results.
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• Dec 26, 2021 · 3 years ago
  At BYDFi, we highly recommend using a hardware wallet, such as Ledger or Trezor, to store your digital assets. Hardware wallets provide an extra layer of security by keeping your private keys offline and away from potential online threats. They are designed to securely sign transactions and protect your assets from being compromised. Additionally, consider using a dedicated device for your cryptocurrency activities to minimize the risk of malware or keyloggers capturing sensitive information. Regularly updating your device's software and firmware is also crucial to stay protected against known vulnerabilities.
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• Dec 26, 2021 · 3 years ago
  In addition to these practices, it's essential to stay informed about the latest security updates and news related to MEW. Follow official social media accounts and subscribe to newsletters to receive important announcements and security tips directly from the MEW team. Participating in the MEW community and engaging in discussions with other users can also provide valuable insights and help you stay updated on potential security risks.
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• Dec 26, 2021 · 3 years ago
  Remember, protecting your digital assets is a continuous effort. By implementing these best practices and staying vigilant, you can significantly reduce the risk of your assets being hacked on MEW. Always prioritize security and take proactive measures to safeguard your funds.
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