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What are the best security measures to prevent a hack on NiceHash?

avatarLarsen ThestrupDec 26, 2021 · 3 years ago1 answers

What are some effective security measures that can be implemented to prevent a potential hack on the NiceHash platform?

What are the best security measures to prevent a hack on NiceHash?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    To prevent a hack on NiceHash, it is advisable to store the majority of your funds in a secure offline wallet, such as a hardware wallet. This reduces the risk of your funds being compromised in the event of a hack on the exchange. Furthermore, regularly monitoring your account activity and transaction history is essential. If you notice any unauthorized or suspicious activity, report it immediately to NiceHash support. Remember, security is a shared responsibility. By following these best practices, you can significantly reduce the risk of a hack on NiceHash and protect your funds.