Today, you can make revolution in the way you do your business, with the help of Bitcoin. With virtual currency you can make payments anytime in a matter of few seconds. And as no card processing will be involved there you need not to pay anything to an intermediary.
In your own wallet of Bitcoin you will have your Bitcoins , which will kind of your own bank. But there is a catch. If your wallet key is lost, you will no longer be able to access your virtual money. Also, your account may become empty in seconds if the key lands in wrong hands. So, to keep your Bitcoin account secured, you can follow the following security tips we are going to suggest. Read on.
Use a Reliable Exchange Service
Several risks are associated to Web wallets as hackers may use them to attain unauthorized access to people’s money. Ensure that you are using an exchange service that is reliable, if you really have to use one. Make sure you transfer the coins to your own wallet right away, immediately after any exchange transaction happens.
Don’t allow open access to your Wallet
Make sure that you are not allowing open access to your Bitcoin wallets. You may lose your money If an employee who have access to your wallet and performs a transfer to a wallet they have access to. To deal with such problems, try using sub-wallets.
Use Separate Wallets
Those Bitcoin wallets which remain connected to the web always are more likely face network-oriented attacks. So, instead try to use offline wallets. Actually, what you require to do is keep your virtual money in the offline wallets. make sure you transfer a big amount of money to your offline wallet immediately after receiving the amount in the online wallet.
Store Your Keys Offline
It’s a good idea to keep your private keys on computer that remains offline, so you can keep malware and hackers at arm’s length. After all, all you want is to keep the system as secure as it can be.
Use a Dedicated Hardware
It’s safer if you can use a USB key that is dedicated only to transfer data from computer to another. Again, it will prevent potential attacks and hackers to affect data.
Use Linux for added Security
Linux operating systems are good at fighting USB-based threats. So when you are looking for a better way to move data from one computer to another you may like to use a USB drive. For that pupose linux could be the most secure system.
Create Backups
If you end up damaging your computer you may lose your bitcoin. So, it’s a better idea if you create a backup of your wallet somewhere else. Ideally, you may like to make more than one backups and store them in varoius locations.
Use a Powerful Hardware Wallet
A hardware wallet is mainly a USB key that runs a special OS and has an onboard computer. The hardware makes the private keys remain secured.
Long story short, when it comes to handling virtual currency like Bitcoin we would like to suggest you to follow these security tips. You may also choose a mixing service that is good as bitmixer if you make payments with virtual currency like bitcoin