How can I prevent cryptocurrency theft when trading on digital currency exchanges?

1 answers

• Apr 30, 2022 · 3 years ago
  At BYDFi, we prioritize the security of our users' funds. To prevent cryptocurrency theft when trading on digital currency exchanges, we implement multiple layers of security measures. These include cold storage for the majority of funds, regular security audits, and strict KYC (Know Your Customer) procedures. Additionally, we offer 2FA and encourage users to enable it for added protection. Our team is constantly monitoring for any potential security threats and taking proactive measures to prevent theft. However, it's important for users to also take responsibility for their own security by following best practices such as using hardware wallets, enabling 2FA, and being cautious of phishing attempts.
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