Since cryptocurrencies are highly unregulated, you won’t be able to rely on any consumer courts or expect governments to help if you lose money because of your own mistakes. So, you need to understand all the risks before you invest your hard-earned money into cryptocurrencies.

Cryptosphere is full of cases where people have lost a lot of money. Well, here is the list of safety precautions you should follow:

1. Understand how cryptocurrencies work; if you are well informed, you can decide what safety measures you need to take.

2. Use a safe computer.

3. Use a safe network. Do not use public or unverified WIFIs.

4. Disable untrusted plugins.

5. Bookmark all the sites you use. Never search a website on google and then visit it from there, as there are websites that have very similar domains to the original websites.

6. Use strong and unique passwords.

7. Enable 2FA. Don’t trade on exchanges that don’t provide you with 2FA.

8. Distribute your funds across exchanges and wallets. In order to further reduce the risks, you should distribute your funds between offline wallets and multiple exchanges.

We hope this will help you keep your funds safe. The SwapZilla trading platform offers the most secure development, deployment, and maintenance processes in order to secure users’ information and money.