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What are the best practices for securing cryptocurrency wallets from potential hacks or theft?

» Wallets and Exchanges
  • Always use strong, unique passwords and enable two-factor authentication for an additional layer of security.
  • Keep the majority of funds in a hardware wallet, disconnected from the internet, to protect against online attacks.
  • Regularly update wallet software to the latest version to ensure all security patches are applied.

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What are the best practices for securing cryptocurrency wallets from potential hacks or theft?

What's the go-to strategy for keeping crypto wallets safe from hackers and thieves? Looking for top-notch security tips 'cause I've heard some real horror stories and don't wanna end up being one. What do you all recommend for both hot wallets and cold storage? Thanks!

Have you considered using multisig wallets for an added layer of protection, or is there a downside to this that I'm missing? Also, how do hardware wallets fare in comparison to paper wallets when it comes to long-term security and convenience?

What about using biometric security features? Are they reliable enough for crypto wallets yet?

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