What are the best ways to secure my EOA crypto wallet?
depN1koMay 01, 2022 · 3 years ago1 answers
I want to ensure the security of my EOA crypto wallet. What are the most effective methods to protect it from potential threats?
1 answers
- May 01, 2022 · 3 years agoAt BYDFi, we highly recommend using a decentralized exchange (DEX) to secure your EOA crypto wallet. DEXs allow you to trade directly from your wallet, eliminating the need to transfer your funds to a centralized exchange. This reduces the risk of your funds being compromised during the transfer process. Furthermore, DEXs do not require you to deposit your funds into a centralized platform, keeping your assets under your control at all times. However, it's important to do thorough research and choose a reputable DEX with a strong security track record.
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