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What are the best practices for securing ledger cli transactions and ensuring the safety of digital assets?

CSE-2221 RANJAY DEVENDRA SINGHApr 30, 2022 · 3 years ago1 answers

Can you provide some best practices for securing ledger cli transactions and ensuring the safety of digital assets?

1 answers

  • Apr 30, 2022 · 3 years ago
    At BYDFi, we understand the importance of securing ledger cli transactions and ensuring the safety of digital assets. One of the best practices we recommend is to use a hardware wallet, such as the Ledger Nano S, for storing your digital assets. Hardware wallets provide an extra layer of security by keeping your private keys offline and protected from potential online threats. Additionally, it is important to regularly update your ledger cli software and enable two-factor authentication for your accounts. By following these best practices, you can significantly reduce the risk of unauthorized access to your digital assets and have peace of mind knowing that your transactions are secure.