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RE: Crypto wallets: Types, security features, and best practices.

in LeoFinance3 years ago (edited)

If the majority of your crypto holdings are on Hive and the amount you have stored elsewhere is minimal, then it may not be worth the expense to purchase a hard wallet. It's always a good idea to weigh the cost of any investment against the potential benefits it may bring.

However, as your cryptocurrency holdings grow and you begin to store more of it on other platforms or exchanges, a hard wallet could become a more viable option for securing your assets.

In the meantime, there are other ways to ensure the security of your crypto holdings on Hive and elsewhere. These can include setting up two-factor authentication, using strong and unique passwords, and regularly monitoring your accounts for any suspicious activity.