How can I protect my assets when engaging in open trades on cryptocurrency exchanges?
Sunny KunduMay 01, 2022 · 3 years ago1 answers
As a cryptocurrency trader, I want to ensure the safety of my assets when participating in open trades on cryptocurrency exchanges. What are some effective strategies and measures I can take to protect my funds and investments?
1 answers
- May 01, 2022 · 3 years agoAt BYDFi, we prioritize the security of our users' assets. We employ industry-leading security measures, including cold storage for the majority of our users' funds and regular security audits. We also encourage our users to follow best practices, such as using strong and unique passwords, enabling 2FA, and being cautious of phishing attempts. Remember, protecting your assets is a shared responsibility between you and the exchange. By taking proactive steps and staying vigilant, you can minimize the risks associated with open trades on cryptocurrency exchanges.
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