Klever
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap
No Result
View All Result
  • Login
  • Register
Klever News
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap
No Result
View All Result
Klever News
Home Exchange

How to secure crypto assets from criminals?

by Jagdish Kumar
May 19, 2022
in Exchange, Global, Wallet
Reading Time: 4 mins read
2.8k
A A
0
Share on FacebookShare on Twitter

Ever since cryptocurrency became popular, storing it safely on crypto wallets has become a challenge to many holders.

There are many ways in which crypto investors, traders, and holders store their cryptocurrency on different types of wallets.

You might also like

Time to start using K5: learn how to migrate to the new Klever wallet app version

Time to start using K5: learn how to migrate to the new Klever wallet app version

January 31, 2023
7.3k
Use cryptocurrency and blockchain for transparent and secure voting

Use cryptocurrency and blockchain for transparent and secure voting

January 30, 2023
7.3k

An individual or company holding crypto selects wallets as per their requirements. If a user is a crypto trader, he/she uses crypto exchange wallets for storing crypto, as the user requires it every time for trading purposes.

A user or a company holding crypto for the long term stores it on cold wallets, which are not always connected to the internet and are offline methods to store cryptocurrency.

To access crypto wallets, a user or a company needs to own private keys, this private key is your digital identity without which you cannot gain any cryptocurrency.

If you lose your private keys all your crypto assets from your wallet are at risk and there is no way to get back all your assets. So always check the security features of the wallets you use before you store your crypto assets.

Today, as the crypto market is growing at a very high pace, cybercriminals are now using sophisticated techniques to compromise digital wallets and steal/transfer crypto assets without the user’s knowledge. 

You can only protect your digital currency from cyberattacks by securing your wallet.

Let’s check some ways to secure your cryptocurrency.


Use a highly secured crypto wallet

To store your cryptocurrency from cybercriminals, always store your crypto assets on applications that have a full-proof security system.

The Klever Wallet comes with multi-pronged security features making it impossible for hackers to get access to your wallet.

Klever Wallet is the best wallet for crypto users, allowing them to store a variety of crypto projects such as Tron (TRX), Ethereum (ETH), Binance Smart Chain (BSC), and more.


Use Cold Wallet

If a user wants to own crypto for the long term, he/she needs to opt for a cold wallet or hardware wallet that is not prone to cyber attacks, as they are offline and only connected when a user wants to transfer funds from a cold wallet to crypto trading accounts.

Klever is also has a hardware wallet called Klever Safe, where users can store, manage, and trade their cold storage digital currencies via secure Bluetooth or USB connections within Klever Wallet. The wallet is also compatible with Bitcoin, Ethereum, Tron, Kusama & Polkadot blockchains.


Use safe internet

Never use public internet connections or public Wi-Fi internet connections like railway stations, airports, government offices, bus stations, and others for making any crypto transactions, as these networks are the easy targets of cyberattacks.

Always use a home network or a VPN for additional security features, as it changes users’ IP address and location and keeps your activity safe on the public internet.


Regularly change your password

Even if you are using a cold wallet or hot wallet, always change your password in regular intervals, the changing of password on a cold wallet can be less in comparison to a hot wallet that is always connected to the internet.

According to various researches, it was found that many users keep the same password for many platforms, this can cause a security breach, and users can lose their crypto assets. In many cases, users have even used the same password in over 50 locations. 

Always use passwords that are very difficult to crack or guess. Use separate passwords if you have multiple wallets. Go for multi-factor authentication (MFA) or two-factor authentication (2FA) for additional security. 


Beware of double schemes

There are scammers that target users who want to double their crypto-assets instantly. There are various schemes where they will ask you to send some amount of crypto and get double in return. Never do it. 

They run a campaign in the name of big crypto exchanges, crypto influencers, or launching of new products and ask users to send crypto to get it doubled.  

Sometimes, they even ask for your wallet ID and private keys to deposit crypto. Never do it. If you do any such activity, you will lose all your crypto assets. 

If you follow the above steps, you can secure your assets without any issues. You can even save other crypto users from getting hacked, as you are now more aware of your security and let others also know about these steps to stay safe in this challenging crypto world.

It is a Klever idea to follow these steps for having a secured crypto wallet.

Tags: crypto securecryptocurrency protectioncryptocurrency securitydigital currency securityhow is cryptocurrency securehow secure is cryptocurrencyhow to secure cryptocurrencysecurity cryptosecurity of cryptocurrencywhat is a security crypto
Previous Post

A new feature-packed, Klever Wallet is coming

Next Post

Klever Wallet K4 iOS update

Jagdish Kumar

Jagdish Kumar

Reporting & writing on crypto & blockchain for the past few years. A content eagle, journalist & writer with a passion to explore new technologies that can change human lives. Joined Klever to make Crypto simple. Follow me on Twitter @TokenBharat or email me at jagdish@klever.io

Related Stories

Time to start using K5: learn how to migrate to the new Klever wallet app version

Time to start using K5: learn how to migrate to the new Klever wallet app version

by Maluh Bastos
January 31, 2023
0
7.3k

KleverChain’s launch in 2022 was one of the biggest accomplishments for the Klever Ecosystem.  Klever’s very own blockchain is bringing...

Use cryptocurrency and blockchain for transparent and secure voting

Use cryptocurrency and blockchain for transparent and secure voting

by Warren Manuel
January 30, 2023
0
7.3k

The integrity of democratic voting systems is crucial for the functioning of a healthy democracy. In recent years, there has...

Choosing Klever Wallet, K5 is a smart decision

Choosing Klever Wallet, K5 is a smart decision

by Isabela Bellumat
January 30, 2023
0
7.3k

As a decentralized crypto wallet, the Klever Wallet offers all the necessary tools for crypto enthusiasts, including storage of assets,...

Introducing K5, The Crypto Wallet Of The Future

Introducing K5, The Crypto Wallet Of The Future

by Klever
January 26, 2023
0
7.4k

KleverOS, the revolutionary Klever crypto wallet operating system that powers K5, ushers in a new era of crypto wallets. Today,...

Next Post
iOS version 4.12.4

Klever Wallet K4 iOS update

where to buy crypto

How to buy crypto with Fiat in Klever Wallet?

Download Klever Wallet Download Klever Wallet Download Klever Wallet
ADVERTISEMENT

Recommended

Ethereum

Coin of the Week: Ethereum (ETH)

November 14, 2021
7.5k
Tron (TRX)

Coin of the Week: Tron (TRX)

May 19, 2022
7.5k

Popular Story

  • Stand a chance to win your share of 10,000 KLV

    Stand a chance to win your share of 10,000 KLV

    8334 shares
    Share 3334 Tweet 2084
  • Test drive Klever Wallet, K5 and Win 1000 KLV & 1 KFI

    7021 shares
    Share 2808 Tweet 1755
  • Bitcoin battles back from record losses to $21,000

    5914 shares
    Share 2366 Tweet 1479
  • Klever showcases its blockchain ecosystem on a Time Square billboard

    5358 shares
    Share 2143 Tweet 1340
  • K5 adds new blockchain and KleverSafe support in the latest Android version

    5070 shares
    Share 2028 Tweet 1268

Follow us on Twitter

Klever News

Join the Klever community
Growing together we are stronger.
Be sure to follow us on social media to stay up to date.

Categories

  • Announcements
  • Coin of the Week
  • Education
  • Exchange
  • Games
  • Global
  • Hardware Wallet
  • Market Updates
  • NFTs
  • Opinions
  • Sponsored
  • Wallet
Download Klever Wallet Download Klever Wallet Download Klever Wallet
ADVERTISEMENT

Recent News

Time to start using K5: learn how to migrate to the new Klever wallet app version

Time to start using K5: learn how to migrate to the new Klever wallet app version

January 31, 2023
Use cryptocurrency and blockchain for transparent and secure voting

Use cryptocurrency and blockchain for transparent and secure voting

January 30, 2023
  • Sponsored Content
  • Advertise
  • Contact Us
  • RSS Feed

© 2022 Klever News - Premium Crypto news & insights by Klever Finance.

  • Login
  • Sign Up
No Result
View All Result
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00
Go to mobile version