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With Bitcoin and several other cryptocurrencies reaching new all-time highs as of late, many have a newfound interest in digital assets. But before hitting the “buy” button, you may want to read up on a few ways to keep your cryptocurrencies safe and secure. By following a few steps, you can limit your exposure and make sure that your crypto journey is one that is fruitful and well protected.
First of all, it is important to remember that cryptocurrency needs to be secure and safe. By design, crypto transactions and ownership are built on a technology known as a blockchain. This makes them inherently more secure as blockchain technology relies on cryptography to achieve data security, therefore your personal data is safe because your private information is encrypted. The blockchain is also immutable (unchangeable), which means instances of fraud are very difficult to commit.
Despite the fact that they are designed to be secure, there are definitely…
