Security

Keeping your investments secure and safe is the most important thing, even if it does come at the expense of convenice. Here are a few tips that will help keep your funds secure:

Never share your keys Never, under any circumstances, should you share your Conceal wallet or private keys with any person or software that you do not intend to take control of all of your assets.

Don’t reuse passwords and logins This goes without saying. If one of your account gets compromised, it’s not hard to imagine the hacker can easily find your other accounts on various exchanges. Before you know it, your hard earned investments will have completely disappeared.

Use long, secure passwords It might be a bit of a hassle to dig it up every time you want to login to trade or check your balances, but that process is much more seamless if you take advantage of secure, password managers that helps you generate and remember every login/password for all exchanges you trade on.

Enable two-factor authentication (2FA) This is the first thing anyone investing should immediately enable after you register on an exchange, or any location where you store your tokens. All exchanges have this option, so enable it! 2FA ensures that even if your login and password is compromised, hackers cannot get into your account unless they also enter a time-sensitive 6 digit code, that only you can access on your phone.

Invest what you can afford to lose Cryptocurrencies are a brand new asset class, as well as a brand new market. It’s an ultra-high risk investment, and you should invest with the mindset that the money you put in could very well be worthless one day. So don’t invest more than what you can afford to lose.