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This shows you the differences between two versions of the page.

--- security [2020/02/11 00:12] – boot2thrill
+++ security [2022/12/21 17:21] (current) – lolitalollipop
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-{{ :security.jpg|}}
+{{ :security.jpg?800 |}}
 It is very important that you **secure your funds and take every single measure possible to ensure the safety of your currency**. This guide will go through some of the basic security measures every user should take.
@@ Line 34: / Line 34: @@
 By far, the riskiest method to store your cryptocurrency is on exchanges. The cryptocurrency golden rule is **NOT YOUR KEYS, NOT YOUR FUNDS**. Storing your crypto on exchanges keeps control of your funds in the hands of a third party. The exchange is holding your crypto in their wallets. They control the private keys, they control the recovery phrases. There are many examples of exchanges being hacked and clients losing their crypto.
-Short-term storing of your crypto on exchanges for trading purposes is understandable. However, long-term storing of your crypto on exchanges should never be considered a secure option. Remember, **NOT YOUR KEYS, NOT YOUR FUNDS**
+Short-term storing of your crypto on exchanges for trading purposes is understandable. However, long-term storing of your crypto on exchanges should never be considered a secure option. Remember, **NOT YOUR KEYS, NOT YOUR FUNDS**.
 ===Enable two-factor authentication (2FA)===