Cryptocurrency has become a synonym to money. With the world going cashless, crypto-coins are on the verge of becoming the popular medium of periodic & daily transactions. But the road has never been easy, with news of billions of dollars hacked from cryptos, users across the globe are asking the question “Is it safe?”.
Rubideum is here to put all questions to rest with its powerful cryptocurrency exchange platform and highly-secured digital wallets. The avant-garde exchange platform boasts the following security solutions:
HTTP Basic Authentication
Encrypted Data
Elliptic-curve cryptography (ECC)
2FA or Two-factor authentication
When we talk about wallet technology, it is known that the digital vault stores unique digital-codes that grant access to crypto coins. Though RBD wallets safeguard digital currencies from unforeseen attacks, users of the platform can also help by making it more secure. How do you ask? The following is a list of tips that users a.k.a token holders can take note of while using RBD wallets:
2FA Authentication
Token holders can protect their accounts by taking extra security measures after logging into the Rubideum exchange. Passwords have recently succumbed to numerous breaches, so users must enable two-factor authentication via SMS for future logins.
Use cold storage
Traders can use wallets for both trading and storage. However, transferring funds to a secure hardware or software wallet, i.e., the cold storage wallet, will lessen any imminent chances of attacks or hacks.
Storing private keys
A backup of the private keys must be stored safely offline. It is always a good idea to separate the private key into two or three parts and store them securely away from each other.
Beware of Wi-Fi networks
Wallet users are cautioned against using suspicious public or private Wi-Fi networks that may raise the chances of hacks. Similarly, users are advised not to leave their device (comprising their digital crypto-wallets) unattended when connected with Wi-Fi.
Cross-check addresses
It is crucial to check the address before commencing payment transactions. To avoid any unforeseen mishaps, users are advised to send micropayments to verify the concerned address. Post-confirmation, users can proceed with transferring large or actual payments to the verified address.
Use Non-public mail address
It is a safe practice to use a non-public email address for RBD crypto accounts and exchanges, guarded with a strong password comprising a mix of alphabets, numbers, and special characters. To further bolster security, users can set up a two-factor verification for the concerned email.
Summing-up
The current market is flooded with cryptocurrencies & digital wallets, and the growth remains strong. But with easy access to the internet, the risk of hacks and attacks remain high. The above safety and security practices ensure complete fortification of users wallets. Rubideum team has taken ample number of measures to secure users private keys and funds. Our robust wallets are resistant to any attacks and ensure that user’s cryptocurrencies and sensitive data remain guarded.