â© How to maintain my digital currencies in the Arab world
â One of the most common questions that comes to the mind of traders and those interested in the field of crypto in the Arab world is how can I maintain my digital currencies. The crypto field is characterized by several advantages, the most important of which is decentralization and ease of transferring assets. While these advantages are important advantages that attract many users to this field, they may make it easier for hackers to carry out their fraudulent operations.
â Therefore, to avoid falling into one of these fraudulent traps, we have collected for you all the methods that you must follow to maintain the security and safety of your digital assets. If you are interested in knowing more details, we advise you to complete this article until the end!
â Steps to maintain the security of your digital currencies:-
â© First: Be careful
It is no secret that ordinary users are the weakest link in computer security.
This applies to everything related to the Internet, but it is even more important when it comes to cryptocurrencies. And if that's not enough, there's also the fact that money is involved and your assets can be stolen in the digital world without you even realizing it. Therefore, you must always be careful. Do not link your wallet to sites that you do not trust, and always make sure to allocate a special wallet to store assets, different from the trading wallet.
â© Second: Practice safe cyber habits
Since we all love free Wi-Fi, it can be tempting to log in wherever we get the chance. However, before accessing a network you don't know, make sure it's secure. Unsafe and obscure networks and websites can pose serious risks to any wallet you keep on your phone or computer, and therefore to your funds.
It is generally recommended to keep your assets offline. If you must keep a wallet on your smartphone or computer, make sure it only contains the minimum amount of funds.
â© Third: Make sure your applications are updated to the latest version available
â This is a very basic rule but important to remember: make sure your apps are updated to the latest version available and download updates as soon as they are available. Malware often exploits vulnerabilities in older versions of software and operating systems, so it's important to be prepared.
â We highly recommend making it a habit to update your software. You can, for example, select a specific day and update all your devices on Fridays.
â However, do not enable automatic updates for crypto applications. Newly released versions may contain errors. Hence, it is better to wait for a few days to see if the app works smoothly before installing it on your smartphone or computer. This extends to firmware updates recommended by blockchain companies whose services you use.
â© Fourth: Use a special application to save passwords
Even as a regular Internet user, you've probably already created hundreds of accounts for the many online services you use. And let's be honest: You probably use the same password for your email account, your convenience store online, and your favorite music streaming service. So, if someone finds out this password, they will have access to all your accounts.
There's an easy workaround to this problem: Make sure you create and use unique passwords - a different one for each service. Don't worry - you don't need to memorize dozens or even hundreds of passwords. Using unique passwords is really easy. All you have to do is store them all in a special application to save passwords, and of course do not repeat the password on more than one account.
â© Fifth: Do not forget to activate the two-factor authentication feature
Another way to significantly avoid the risk of your accounts and assets being compromised is to use two-factor authentication - called 2FA for short if this option is possible. Whether it's for your Google account or any service that involves handling cryptocurrencies, this technology is low-cost and easy to implement while adding an extra layer of security.
After you download the authenticator app on your mobile phone and enable two-factor authentication for services or apps, you will be asked to enter a six-digit code in addition to your password every time you log in. So download your authenticator app, look at all the relevant services, apps and wallets you use and enable two-factor authentication. Although this step is a small step and does not require time, its impact on maintaining the security of accounts cannot be underestimated.
â© Sixth: Choose a trustworthy platform to buy or sell digital currencies
Choosing the most suitable platform for your digital asset transactions is vital to ensuring maximum security and convenience. Once you decide to get into cryptocurrency, an integral part of the setup process is researching the best online platforms to see which one is best for you.
The endless number of platforms vying for your attention and business can seem overwhelming. However, there are a number of factors that help you narrow down your options.
You want to look for a platform that operates in a safe and regulated environment with an experienced team. The platform must provide sufficient liquidity and reasonable volumes and use the latest technology and security while offering an easy-to-use and intuitive interface to customers. Of course, the platform you choose must support your country's paper currency in addition to digital currencies, in order to provide reliable international support to customers.
Here we come with you, dear followers of Arab Whales, to the end of the article on how to maintain my digital currencies in the Arab world. We hope that you have found it useful and enjoyable.