How can I securely store my digital assets on Kraken online?
Kieparts PapartDec 17, 2021 · 3 years ago3 answers
I want to store my digital assets on Kraken online, but I'm concerned about security. What are the best practices for securely storing digital assets on Kraken?
3 answers
- Dec 17, 2021 · 3 years agoOne of the best ways to securely store your digital assets on Kraken online is to enable two-factor authentication (2FA). This adds an extra layer of security by requiring a second form of verification, such as a code from a mobile app or a text message, in addition to your password. Make sure to choose a strong and unique password for your Kraken account as well. Additionally, consider using a hardware wallet to store your digital assets offline and only transfer them to Kraken when you need to trade. This way, even if Kraken's online security is compromised, your assets will remain safe.
- Dec 17, 2021 · 3 years agoWhen it comes to securely storing your digital assets on Kraken online, it's important to be vigilant about phishing attempts. Always double-check the URL of the Kraken website before entering your login credentials. Avoid clicking on suspicious links or downloading files from unknown sources. Keep your computer and antivirus software up to date to protect against malware. Remember, Kraken will never ask you for your password or 2FA code via email or any other communication channel. If you receive such a request, it's likely a phishing attempt.
- Dec 17, 2021 · 3 years agoAt BYDFi, we understand the importance of securely storing digital assets. When using Kraken, we recommend following their security guidelines, such as enabling 2FA and using a strong password. It's also a good idea to regularly review your account activity and enable email notifications for important account events, such as withdrawals. By staying proactive and taking these security measures, you can help protect your digital assets on Kraken online.
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