Bitcoin News

Story: How to Protect Your Bitcoin from Scams and Exchange Hacks

By Evie Vavasseur

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Understanding Bitcoin Scams and Exchange Hacks

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1. Ponzi Schemes and Fake Investment Opportunities

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2.  Fake Wallets and Malware

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3. Phishing Scams

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Steps to Protect Your Bitcoin From Scams

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1. Use a Secure and Reputable Exchange

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2. Store Your Bitcoin in a Hardware Wallet

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3. Use Multi-Signature Wallets for Added Security

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4. Be Cautious with Public Wi-Fi and Unknown Network

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