If there is one thing that is bothering crypto assets owners, it is the security of their assets. Recently, there have been cases of crypto thefts by fraudsters and hackers. These have thrown a lot of people into disarray.
While this experience is sad, you can guide your account from falling prey to fraudsters and hackers. In this short interview, Coin Dispute Network shares six ways to keep your crypto assets safe to avoid falling prey. Coin Dispute Network is a crypto assets recovery firm that helps clients investigate, trace and recover their stolen crypto assets.
There have been cases of people losing their crypto assets to fraudsters. What do you think is responsible for this? Recently, crypto-asset owners have complained about noticing suspicious activities in their wallets. The people responsible for these activities are hackers and fraudsters.
One of the reasons these hackers have a free reign might be due to the carelessness of crypto assets owners. Some people might have used very weak passwords for their crypto wallets.
Some might have also clicked on some malicious links that can compromise their wallets. These, however, do not justify stealing people’s hard-earned assets, which is why Coin Dispute Network is here to stop that.
Do you think staying safe from these fraudsters and hackers is possible? Although there are a lot of hackers and fraudsters on the internet today, it is still possible to stay safe. You can ensure your safety online by being cautious of your activities, especially avoiding clicking links or sharing passwords. Also, it would help if you always use strong and non-generic passwords.
What are the ways to keep your crypto assets safe from hackers? There are different ways to keep your crypto assets safe, but I will share six in this interview. These six ways have been tested and trusted.
- Use two-factor authentication to secure your crypto assets’ security
- Store your crypto assets in cold wallets, where your access codes and passwords would be stored in offline hardware away from online fraudsters.
- Turn on notification to your mobile or email when funds are withdrawn from your account. This way, you can keep tabs on the activities on your account in real-time.
- Avoid storing your crypto assets on an exchange. If you must, let it be for a very temporary time
- Use a non-custodial wallet to store your crypto assets
- Ensure you store your seed phrase across different locations and devices
What do you believe is the best thing to do if your crypto wallet gets hacked? There are a bunch of cryptocurrency scams happening now. If you assess your crypto wallet and notice some transactions you didn’t authorize, someone else may have hacked your wallet.
In this case, there are a number of things you could do. For one, you could run a malware scan. You can also transfer your crypto assets to another secure wallet.
After this, you can notify your exchanger and the appropriate authorities of the suspicious activities. You should also change your login details and activate multiple verification methods for your account afterward.
Can stolen crypto assets be recovered? Yes, it is possible for you to recover your stolen crypto assets. However, you will need some expertise in doing so.
If you notice your crypto assets’ disappearance without authorization, you can reach out to us at Coin Dispute Network. We would listen to your complaints and guide you through the process of your crypto assets recovery.