Author Topic: What is your best Bitcoin Security practices? (Read 677985 times)

bitcoinforum.com · « **on:** January 22, 2018, 02:05:35 PM »

What is your best Bitcoin Security practices?

From bitcoin.org:

Quote

Like in real life, your wallet must be secured. Bitcoin makes it possible to transfer value anywhere in a very easy way and it allows you to be in control of your money. Such great features also come with great security concerns. At the same time, Bitcoin can provide very high levels of security if used correctly.Always remember that it is your responsibility to adopt good practices in order to protect your money.
Source: https://bitcoin.org/en/secure-your-wallet

cryptogenius · « **Reply #120 on:** October 07, 2019, 04:23:06 AM »

Move EVERYTHING to Nano Ledger X hard wallet. Leave NOTHING on cryptocurrency exchanges. Here some more crypto safety tips I follow.

Fred55 · « **Reply #121 on:** October 07, 2019, 07:56:18 AM »

use a wallet, never save passwords and never connect on any public network.

KryptoPan · « **Reply #122 on:** November 11, 2019, 03:33:52 PM »

Have fat case on paper wallet. I use equipment wallets for payments. On exchanges only keep amounts necessary for current trading. I think that it's enough to keep Bitcoins safe.

rossy0309 · « **Reply #123 on:** November 12, 2019, 08:34:34 AM »

found the safest way to store bitcoin!

not having bitcoin :-) :-)
it works for meee

Hagibis · « **Reply #124 on:** November 17, 2019, 09:33:28 PM »

Quote from: rossy0309 on November 12, 2019, 08:34:34 AM

found the safest way to store bitcoin!

not having bitcoin :-) :-)
it works for meee

Awesome! HAHAHA!

I only have a little altcoins on Binance and uses 2FA for security. The wallet I use is on my phone, so far no history of being lost as I always keep it with me.

johnmeller · « **Reply #125 on:** November 26, 2019, 02:18:47 PM »

First, setup 2 step authentication.

Never enable 2FA. It allows you to use your phone/phone call or a text to verify you identity. This give hackers a great opportunity.

Enable IP whitelisting and wallet whitelisting.

mlawson71 · « **Reply #126 on:** November 26, 2019, 06:41:57 PM »

That's very practical advice, thank you!

Harryhwilliam · « **Reply #127 on:** November 29, 2019, 09:42:50 AM »

My tips for keeping your Bitcoins secure are:
1.   Don’t ever share the private key of your Bitcoin with anyone, not even with your family or friends.
2.   You should not reprocess the addresses of previous Bitcoins.
3.   Keep yourself away from posting your private information like your email address, home address or your phone number on any social media platform.
4.   Try to maintain your computer anti-virus up to date always and never download malware applications.
5.   Constantly keep a backup of your wallet and store that offline backup in a fireproof safe at your home.
6.   Always use 2FA security feature everywhere.

Hagibis · « **Reply #128 on:** December 05, 2019, 10:01:31 PM »

I only have a few on my wallet so I haven't gone extreme yet in protecting it.
I'm using a phone app now where I could buy and sell crypto in a flash but not planning to put more money that I could lose in the end.
So far, one of my security practices is never lose my phone and never click unknown links to be safe.

Harryhwilliam · « **Reply #129 on:** December 06, 2019, 07:48:52 AM »

Bitcoin network itself is secured by cryptography. Users or traders can only practice to make their accounts secure which they use to trade their Bitcoins and where they store them. Traders should never share their private keys with anyone not even with their family or friends.

filc321 · « **Reply #130 on:** December 18, 2019, 02:57:43 PM »

I use the application on my phone for bitcoin, like many other users. Therefore, I recommend securing your smartphone. There are various ways to do this, one of the most effective is software testing. You can read more about this on this blog - http://safenessmobile.com

alexkamillakroy · « **Reply #131 on:** December 20, 2019, 05:16:05 PM »

Cold wallet storage; never expose an email or phone used for registration on open platforms/social media; IP whitelist

Bandys · « **Reply #132 on:** December 28, 2019, 12:35:30 PM »

The best defense against hacker attacks and scammers is their own caution. For example, I only work with time-tested exchanges, exchangers and wallets. Any protection you can come up with can be hacked.

kukidada123 · « **Reply #133 on:** January 21, 2020, 11:17:57 AM »

most wallets have 2nd factor authentication system which is good for security purposes.

Relz21 · « **Reply #134 on:** January 27, 2020, 11:34:17 AM »

That’s a nice list, quite helpful!

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What is your best Bitcoin Security practices?