1. Use a Hardware Wallet: Using a hardware wallet like a Ledger, Trezor or Keepkey is the safest way to store cryptocurrency. Hardware wallets are physical devices that securely store digital information offline, providing an extra level of protection against hackers.
2. Secure Your Private Keys: Private keys are the most important part of any cryptocurrency transaction and must be kept safe and secure. It’s important to back-up your private keys on a regular basis and store them in a secure, offline location.
3. Enable 2-Factor Authentication: Two-factor authentication (2FA) is an extra layer of security that requires authentication beyond your username and password. This means that you will need to input an additional code (sent via SMS, email, or an app) in order to access your account or complete transactions.
4. Use a Strong Password: Always use a strong and unique password to protect your cryptocurrency accounts. Never use the same password for multiple accounts and make sure to change it regularly.
5. Use a Cold Storage Solution: Cold storage solutions, such as paper wallets or USB drives, offer additional security by keeping your private keys completely offline. The disadvantage is that if your cold storage device is lost, stolen or damaged, you’ll no longer have access to your funds.