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Questions and Answers
What is the best way to protect your crypto assets?
What should you do to ensure the security of your decentralized wallet?
What is the main risk associated with crypto assets?
What should you do to ensure the security of your crypto assets?
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What is the best way to protect your decentralized wallet?
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What is the most important step to take when storing crypto assets?
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What should you do to secure your crypto assets?
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What is the most effective way to protect your crypto assets?
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What should you do to ensure the security of your crypto assets?
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What is the main danger of keeping crypto assets with a centralized exchange (CEX)?
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Study Notes
- Crypto assets are susceptible to theft, whether you keep them with a centralized exchange (CEX) or a decentralized wallet.
- To protect your assets, you should establish a secure infrastructure, such as using a hardware wallet and storing your seed phrase in a safe place.
- For decentralized wallets, you should also only connect to sites you trust and use a code auditor to ensure the security of your holdings.
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Description
Test your knowledge on safeguarding crypto assets, including securing infrastructure, using hardware wallets, and protecting seed phrases for centralized and decentralized wallets.
