How to Protect Your Cryptocurrency Holdings Infographic

first_imgMarch 25, 2018 Register Now » Growing a business sometimes requires thinking outside the box. 1 min readcenter_img Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global With cryptocurrency growing in popularity, you may want get a cut. But you have to be smart about investing your money in something so risky and volatile.Related: Watch Out for These Cryptocurrency ScamsAs of August 2017, more than $225 million worth of cryptocurrency was stolen, according to research compiled by CryptoGo, a cryptocurrency exchange. In 2013, the total amount of stolen Bitcoin was valued at $3 million, and in 2016 this number reached a whopping $95 million. Phishing, exploitation of software and storage and hacks are the top three ways cryptocurrency is stolen.So what can you do to prevent yourself from becoming a victim? For starters, do your research on the type of cryptocurrency you wish to invest in. It’s also important to investigate exchanges and storage methods, so you can figure out how to best protect your money. Using antivirus software and multi-factor authentication codes are also things you can do to protect yourself.Related: 4 Pros and Cons of Investing in New CryptocurrenciesTo learn more, check out CryptoGo’s infographic below.last_img

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