What are the recommended methods for backing up my coins on Coinbase?

1 answers

• May 02, 2022 · 3 years ago
  At BYDFi, we recommend using a combination of different backup methods to ensure the safety of your coins on Coinbase. Enable two-factor authentication (2FA) to protect your account from unauthorized access. Consider using a hardware wallet, such as a Ledger or Trezor, to store your coins offline. Regularly update your software and firmware to stay protected against any vulnerabilities. It's also a good practice to regularly check your account activity and enable notifications for any suspicious transactions. Remember to keep your backup phrases or seed phrases in a secure location and never share them with anyone. Taking these precautions will help safeguard your digital assets on Coinbase.
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