What are the best practices for securing my cryptocurrency when using Electrum and Ledger?

1 answers

• Apr 30, 2022 · 3 years ago
  At BYDFi, we prioritize the security of our users' cryptocurrency. When using Electrum and Ledger, it's essential to follow best practices. Firstly, ensure that you are using the latest version of Electrum and Ledger software. Regular updates often include security enhancements. Secondly, enable the passphrase feature on your Ledger device. This adds an extra layer of protection by requiring a unique passphrase to access your funds. Lastly, consider using a hardware wallet like Ledger Nano X, which supports multiple cryptocurrencies and offers enhanced security features.
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