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To protect yourself when dealing with cryptocurrencies, especially in a risky and fraudulent environment, carefully follow these steps:
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๐ 1. Use secure wallets:
type description security
Cold Wallet Like Trezor or Ledger devices, stores coins offline ๐๐๐๐๐ Excellent
Hot Wallet Like Trust Wallet or MetaMask, connected to the internet ๐๐๐ Medium
> โ Best: Use a cold wallet if you hold large amounts, and a hot wallet only for small daily amounts.
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๐ก๏ธ 2. Do not share your private keys or seed phrase
Anyone who has them can steal your money within seconds.
> โ Store them in a safe place offline, preferably write them down on paper and keep them in a protected location.
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๐ 3. Check website links (Phishing Protection)
Do not click on links you receive via email or Telegram without ensuring they are official.
> โ Example: Use https://binance.com and not any fake version like binance-usdt.org.
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๐ง 4. Do not trust anyone who promises guaranteed profits
Anyone who promises you "double your profits" or "guaranteed returns" is often a scammer.
> โ Always take your time to verify the background of any project or person before sending any money.
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๐ 5. Enable two-factor authentication (2FA)
Especially on trading platforms like Binance, OKX, or KuCoin.
> โ Use Google Authenticator or Authy app.