8 Bitcoin Security Tips

Today with bitcoin you can revolutionize your business. You can make payments in virtual currency at any time in seconds. And you do not have to pay anything to the intermediary, because card processing will not be involved.

You have bitcoin in your own Bitcoin wallet that will sort your own bank. But there is a catch. If you lose your wallet key, you will no longer have access to digital money. Also, if the key falls into the wrong hands, your wallet will be empty in seconds. Therefore, for your safety we suggest you follow the following safety tips. Read on.

Use a reliable sharing service

Online wallets are risky because hackers use them for unauthorized access to people’s money. If you really have to use one, make sure you use a reliable sharing service. Once the exchange transaction takes place, make sure you immediately transfer the coins to your own wallet.

Do not allow open access to your wallet

According to Joe Steward, you should not allow open access to your Bitcoin wallets. If an employee gains access to your wallet and makes a transfer to the wallet they have access to, your money will disappear. To deal with this problem, you can use sub-wallets.

Use separate wallets

Often bitcoin wallets, which are constantly connected to the Internet, are prone to network-oriented attacks. So it’s good to use the idea of ​​wallets offline. In fact you need to save digital money in offline wallets. Once you get a large amount of money into your online wallet, make sure you transfer it to your offline wallet as soon as possible.

Store keys offline

It’s a good idea to keep your private keys on an offline computer, which will help you keep hackers and malware at your fingertips. After all, you want to keep the system as secure as possible.

Use special equipment

It is best to use a special USB key to transfer data between the two computers. Again, this will protect your data from potential viruses and hackers.

Use Linux for extra security

If you are looking for the best way to move data between two computers, you can use a USB flash drive. The safest system for this is Linux, as it fights USB threats very well.

Backing up

You will lose your bitcoin or wallet if you end up damaging your computer. So it’s good to back up your wallet for someone else. Ideally you can make multiple backups and store them in different locations.

Use a powerful hardware wallet

A hardware wallet is a USB key that has an on-board computer running a special OS. The equipment ensures the security of private keys.

In short, we encourage you to follow these security tips when it comes to handling digital currencies such as bitcoin.