How can I secure my crypto assets in a custodial account?

3 answers

• May 03, 2022 · 3 years ago
  When it comes to securing your crypto assets in a custodial account, there are a few key steps you can take. First, make sure to choose a reputable custodial service with a strong track record of security. Look for services that offer multi-factor authentication, cold storage for the majority of funds, and regular security audits. Additionally, consider using a hardware wallet to store a portion of your assets offline. Finally, be cautious of phishing attempts and always double-check URLs and email addresses before entering sensitive information.
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• May 03, 2022 · 3 years ago
  Securing your crypto assets in a custodial account is crucial for protecting your investment. One important step is to enable two-factor authentication (2FA) on your account. This adds an extra layer of security by requiring a second verification method, such as a code sent to your mobile device. Additionally, regularly monitor your account activity and enable email notifications for any suspicious activity. It's also a good idea to diversify your holdings across multiple custodial accounts to minimize risk.
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• May 03, 2022 · 3 years ago
  At BYDFi, we understand the importance of securing your crypto assets in a custodial account. Our platform offers state-of-the-art security measures to protect your funds. We use industry-leading encryption technology, multi-signature wallets, and regular security audits to ensure the safety of your assets. Additionally, we provide 24/7 customer support to assist you with any security concerns. Rest assured that your crypto assets are in good hands with BYDFi.
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