What are the best practices for securely removing bitcoin from an exchange?

1 answers

• May 03, 2022 · 3 years ago
  At BYDFi, we prioritize the security of our users' funds. When it comes to securely removing bitcoin from an exchange, we recommend following these best practices. First, enable two-factor authentication (2FA) on your BYDFi account to add an extra layer of security. Next, consider using a hardware wallet to store your bitcoin offline. Before initiating a withdrawal, double-check the withdrawal address to ensure its accuracy. It's also advisable to withdraw smaller amounts at a time and keep the majority of your funds in a secure offline wallet. Regularly update your software and be cautious of phishing attempts to protect your bitcoin from potential security threats.
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