How can I protect my funds on WazirX after this hack
To protect your funds on WazirX after the recent security breach, it's crucial to take the following steps:
1. **Enable two-factor authentication (2FA)** on your WazirX account for an extra layer of security.
2. **Avoid storing large amounts of funds on the exchange** and withdraw your assets to a secure personal wallet.
3. **Monitor your account activity regularly** and report any suspicious transactions immediately to WazirX support.
4. **Be cautious of phishing attempts** and never share your login credentials or 2FA codes with anyone.
5. **Stay updated on WazirX's security measures and announcements** regarding the incident and their plans to enhance platform security.
6. **Consider using a hardware wallet** for long-term storage of your cryptocurrency holdings, as they provide the highest level of security.
By following these best practices, you can significantly reduce the risk of your funds being compromised in the event of future security breaches on WazirX or other exchanges. Maintaining a proactive approach to crypto security is crucial in the current landscape of increasing hacks and exploits.
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