BYDFi
Trade wherever you are!
Buy Crypto
Markets
Trade
Derivatives
Bots
Events
common-tag-new-0
Rewards

How can I protect my digital assets on Coinbase from hackers?

sophieggwelchivMay 06, 2022 · 3 years ago1 answers

What are some effective strategies to safeguard my digital assets on Coinbase from potential hackers?

1 answers

  • May 06, 2022 · 3 years ago
    At BYDFi, we understand the importance of protecting your digital assets on Coinbase from hackers. In addition to the aforementioned strategies, it's crucial to regularly review and update your security settings on Coinbase. This includes reviewing and managing your authorized devices, API keys, and application permissions. It's also recommended to enable withdrawal whitelisting, which allows you to specify trusted addresses for withdrawals. Furthermore, consider diversifying your storage solutions by utilizing a combination of hot wallets (for frequent trading) and cold storage (for long-term storage). Remember, staying proactive and vigilant is key to safeguarding your digital assets on Coinbase.