Five tips to secure your crypto
1. Protect your seed phrase
Your seed phrase unlocks your wallet. Keep it offline and avoid storing it digitally. Write it down and keep it in a safe place. For added security, break it into parts and store them separately.
2. Beware of fake social media accounts
Scammers impersonate influencers or exchanges. Verify profiles by checking for verification badges, scrutinizing usernames, and reviewing post history. Platform with the highest number of impersonators - X (Twitter).
3. Avoid public WiFi
Public WiFi is vulnerable to cyber attacks. Refrain from accessing your crypto wallet or making transactions when connected to unsecured networks.
4. Beware of fake livestreams
Scammers use stolen content to promote fake crypto giveaways. Verify the legitimacy of channels and be skeptical of offers that seem too good to be true.
5. Stay vigilant against deepfakes
AI-generated deepfakes can impersonate real people. Look for inconsistencies in video and audio, and be wary of unsolicited messages urging immediate action. Deepfakes of famous people on YouTube are common scams.