What are the best ways to secure my EOA crypto wallet?

Rakesh Ranjan PradhanJan 14, 2022 · 3 years ago1 answers

I want to ensure the security of my EOA crypto wallet. What are the most effective methods to protect it from potential threats?

What are the best ways to secure my EOA crypto wallet?

1 answers

Jan 14, 2022 · 3 years ago
At BYDFi, we highly recommend using a decentralized exchange (DEX) to secure your EOA crypto wallet. DEXs allow you to trade directly from your wallet, eliminating the need to transfer your funds to a centralized exchange. This reduces the risk of your funds being compromised during the transfer process. Furthermore, DEXs do not require you to deposit your funds into a centralized platform, keeping your assets under your control at all times. However, it's important to do thorough research and choose a reputable DEX with a strong security track record.

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