Finally, Bitcoin is having its day in the sun. While the cryptocurrency has been breaking records left and right, the crypto space has also become a haven for scammers. In fact, fueled by the lack of regulations and the fact that many investors are new to Bitcoin, scams are running rampant in crypto markets, with consumers reportedly losing up to $82 million due to crypto scams in 2020.
With Bitcoin’s value jumping nearly 450% over the past few months, it pays for investors to take the necessary steps to ensure the safety of their Bitcoin investments. The good news is, there are ways in which investors can safeguard their crypto investments and keep themselves safe from fraud and scammers.
Keeping that in mind, the following are some of the tried and tested methods on how new and experienced investors can keep their Bitcoin investments secure.
One of your safest bets when it comes to keeping your Bitcoin safe is by using hardware…