As the adage goes, “A fool in his money are soon parted.” Whether it's by your own doing, like throwing away an old hard drive, or someone else’s, there’s no shortage of ways to part with your crypto. Here, we break down the top nine ways to lose your cryptocurrency so that you can learn from the mistakes of those before you.
- Lose Your Private Key
- Store Critical Information Unencrypted
- Keep Your Crypto on an Exchange
- Use a Weak Password or Reusing Passwords
- Don’t Use Two-Factor Authentication (2FA)
- Fall Victim to Phishing
- Hand Over Your API Keys
- Download Malware
- Install Unknown Browser Plug-ins
Infographic by: ledgerops.com