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Lesson 5.1
Lesson 5.2
Lesson 5.3
4 Basic security strategies on how to stay safe in the world of cryptocurrencies
3 minutes
Watch the instructional video before starting the quizDescription
In this Lesson we cover essential security practices to protect your cryptocurrencies. You'll learn to deploy two-factor authentication and create strong, unique passwords for increased safety across platforms. The lesson emphasizes the importance of the careful handling of your seed phrase and private key, advocating for physical backups in secure locations. We'll also guide you through the prudent use of hardware wallets and the necessity of buying from trusted manufacturers. The final part of the lesson deals with the risks posed by phishing attempts and the importance of vigilance when managing crypto transactions and verifying web links. The goal is to equip you with the knowledge to minimize risks and safeguard your digital assets effectively.