{"id":35223,"date":"2022-11-15T19:02:46","date_gmt":"2022-11-15T19:02:46","guid":{"rendered":"http:\/\/egrowonline.com\/?p=35223"},"modified":"2022-11-15T19:02:46","modified_gmt":"2022-11-15T19:02:46","slug":"how-to-stay-safe-when-transferring-cryptocurrency-online","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=35223","title":{"rendered":"How To Stay Safe When Transferring Cryptocurrency Online"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div><span class=\"rt-reading-time\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\">3<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" alt=\"NFT and Crypto Coins\" width=\"2560\" height=\"1578\" srcset=\"https:\/\/thebossmagazine.com\/wp-content\/uploads\/2022\/09\/pexels-worldspectrum-844124-scaled.jpg 2560w, https:\/\/thebossmagazine.com\/wp-content\/uploads\/2022\/09\/pexels-worldspectrum-844124-300x185.jpg 300w, https:\/\/thebossmagazine.com\/wp-content\/uploads\/2022\/09\/pexels-worldspectrum-844124-1024x631.jpg 1024w, https:\/\/thebossmagazine.com\/wp-content\/uploads\/2022\/09\/pexels-worldspectrum-844124-768x474.jpg 768w, https:\/\/thebossmagazine.com\/wp-content\/uploads\/2022\/09\/pexels-worldspectrum-844124-1536x947.jpg 1536w, https:\/\/thebossmagazine.com\/wp-content\/uploads\/2022\/09\/pexels-worldspectrum-844124-2048x1263.jpg 2048w\" src=\"https:\/\/thebossmagazine.com\/wp-content\/uploads\/2022\/09\/pexels-worldspectrum-844124-scaled.jpg\" data-sizes=\"(max-width: 2560px) 100vw, 2560px\" class=\"aligncenter size-full wp-image-54131 lazyload\" \/><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-54131\" src=\"https:\/\/thebossmagazine.com\/wp-content\/uploads\/2022\/09\/pexels-worldspectrum-844124-scaled.jpg\" alt=\"NFT and Crypto Coins\" width=\"2560\" height=\"1578\" srcset=\"https:\/\/thebossmagazine.com\/wp-content\/uploads\/2022\/09\/pexels-worldspectrum-844124-scaled.jpg 2560w, https:\/\/thebossmagazine.com\/wp-content\/uploads\/2022\/09\/pexels-worldspectrum-844124-300x185.jpg 300w, https:\/\/thebossmagazine.com\/wp-content\/uploads\/2022\/09\/pexels-worldspectrum-844124-1024x631.jpg 1024w, https:\/\/thebossmagazine.com\/wp-content\/uploads\/2022\/09\/pexels-worldspectrum-844124-768x474.jpg 768w, https:\/\/thebossmagazine.com\/wp-content\/uploads\/2022\/09\/pexels-worldspectrum-844124-1536x947.jpg 1536w, https:\/\/thebossmagazine.com\/wp-content\/uploads\/2022\/09\/pexels-worldspectrum-844124-2048x1263.jpg 2048w\" \/><\/p>\n<p><span style=\"font-weight: 400\">Cryptocurrencies have quite quickly become a lot more mainstream than before, but it\u2019s still a very novel thing and that means learning good habits and how to keep yourself safe from scratch just like we all needed to learn to do so with physical cash and cards before. While it can seem scary and hard to stay safe it can be broken down into simpler parts which is what we\u2019ll do today. We hope that after reading this text you\u2019ll have a better understanding of how to keep your crypto out of malicious hands and perhaps even have fun learning about all the different systems and methods you can use. We also suggest staying on top of news on sites like <\/span><a target=\"_blank\" href=\"https:\/\/cryptonews.com\/\" data-wpel-link=\"external\" rel=\"external noopener\"><span style=\"font-weight: 400\">Crypto News<\/span><\/a><span style=\"font-weight: 400\"> and other publishers who have insiders and follow the latest crypto buzz. Let\u2019s get into the details.<\/span><\/p>\n<h2><b>Two-factor authentication is a lifesaver<\/b><\/h2>\n<p><span style=\"font-weight: 400\">This goes for pretty much all of your accounts but is of course most important for your cryptocurrency as it\u2019s related to money. Two-factor authentication makes it so that someone needs to get a hold of your email\/phone and your account at the same time in order to actually access anything. This way if only one is compromised you are still safe and don\u2019t need to worry about losing your funds.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Set up a strong password and also get two-factor authentication as it really can save you. You may think that there\u2019s no way someone is getting access to your account anyway so you don\u2019t need it but it\u2019s better to be safe than to take risks like that. It\u2019s incredibly convenient to use anyway as modern 2FA apps have begun making it faster and easier to log in than ever before. Don\u2019t risk it, get 2FA.<\/span><\/p>\n<h2><b>Get a physical wallet<\/b><\/h2>\n<p><span style=\"font-weight: 400\">While the fastest and simplest solution to getting a wallet is an online one, there are quite a few risks that go along with them that should be considered. If you leave your crypto in the hands of an exchange then you risk losing it all if that exchange becomes compromised in some way. Other online wallets can also be compromised in different ways as they have fewer security features than physical ones.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Having a hardware wallet allows you to ensure you have the best possible protection for your cryptocurrency. Not only because of the safety features of the wallet you\u2019re using but also because of the fact that you can disconnect it physically from the web after transferring your funds which means that someone would need to steal the wallet itself from your home (or wherever you keep it) and then also get your credentials in order to gain access to all of your funds.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Physical wallets are a bigger investment than online ones as you have to spend some cash to buy one, but the price of safety is worth it in most cases and it certainly is in this one. If you\u2019re serious about crypto and are intending to have a decent chunk of it then physical wallets are the way to go for sure as at that point having an online one or leaving your funds with an exchange would simply be a needless risk.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Doing transfers with physical wallets is also becoming more and more simple over time as the people making them have been listening to feedback and criticism involving transfers and similar things so improvements have been made and they\u2019ve become more streamlined.<\/span><\/p>\n<h2><b>Quick fire tips<\/b><\/h2>\n<p><span style=\"font-weight: 400\">This last segment will cover a bunch of tips that are very important but too short for their own segments. Let\u2019s get into them:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">If it sounds too good to be true then it probably is<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Fear of missing out can make you lose money, don\u2019t give in to it<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Don\u2019t blindly trust advice from other traders<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">NEVER give away your passwords and private keys<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Be careful when clicking on links in emails as they may be phishing links<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Staying safe online when buying, trading, and storing crypto isn\u2019t that difficult or scary, you just need to keep these tips in mind and be mindful of who and what you\u2019re dealing with as there are a lot of malicious third parties online.\u00a0<\/span><\/p>\n<h2><b>Conclusion<\/b><\/h2>\n<p><span style=\"font-weight: 400\">We hope that reading through this text has informed you better on how to stay safe when handling cryptocurrencies and what you can do to not lose them to bad people online.<\/span><\/p>\n<p>\u00a0<\/p>\n<\/div>\n<p>\t\t\t!function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?<br \/>\n\t\t\tn.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;<br \/>\n\t\t\tn.push=n;n.loaded=!0;n.version=&#8217;2.0&#8242;;n.queue=[];t=b.createElement(e);t.async=!0;<br \/>\n\t\t\tt.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,<br \/>\n\t\t\tdocument,&#8217;script&#8217;,&#8217;\/\/connect.facebook.net\/en_US\/fbevents.js&#8217;);<\/p>\n<p>\t\t\tfbq(&#8216;init&#8217;, &#8216;1020075314717761&#8217;);<br \/>\n\t\t\tfbq(&#8216;track&#8217;, &#8220;PageView&#8221;);<br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiR2h0dHBzOi8vdGhlYm9zc21hZ2F6aW5lLmNvbS9zdGF5LXNhZmUtd2hlbi10cmFuc2ZlcnJpbmctY3J5cHRvY3VycmVuY3kv0gFLaHR0cHM6Ly90aGVib3NzbWFnYXppbmUuY29tL3N0YXktc2FmZS13aGVuLXRyYW5zZmVycmluZy1jcnlwdG9jdXJyZW5jeS9hbXAv?oc=5\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reading Time: 3 minutes Cryptocurrencies have quite quickly become a lot more mainstream than before, but it\u2019s still a very novel thing and that means learning good habits and how to keep yourself safe from scratch just like we all needed to learn to do so with physical cash and cards before. While it can [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":35224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[36],"tags":[52,119,4184,3462,12348],"class_list":["post-35223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-cryptocurrency","tag-online","tag-safe","tag-stay","tag-transferring"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/11\/pexels-worldspectrum-844124-scaled.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/35223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35223"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/35223\/revisions"}],"predecessor-version":[{"id":35225,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/35223\/revisions\/35225"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/35224"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35223"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}