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Germany's Federal Office for Information Security recommends using hardware wallets to avoid cryptocurrency theft

Germany's Federal Office for Information Security recommends using hardware wallets to avoid cryptocurrency theft

CointimeCointime2024/08/17 03:18
By:Cointime

The Federal Office for Information Security (BSI) in Germany recommends that cryptocurrency users use hardware wallets to protect their digital assets.

BSI points out that hardware wallets can store users' encryption keys in offline storage, making it the safest storage method. Compared to storing assets on third-party platforms such as exchanges or using mobile phones and personal computers for self-storage, there are significant security risks and vulnerabilities to hacker attacks.

Given these risks, BSI recommends that hardware wallets be the best choice for protecting cryptocurrencies, thereby avoiding the risk of cryptocurrency theft.

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