~snip~
I was wondering how the user's protection works in view of the many history of exchange hack attempts and security bridges. And how best an investor can protect his digital assets optimally. Please share your experiences and insight with us.
I adhere to the golden rule
"not your keys, not your coins", which means that I do not store coins where it really does not make sense, namely centralized crypto exchanges. The best way of safe storage is in what we call
"cold wallets", which means that such a wallet has no direct connection to the internet, and we can make such a wallet ourselves from an old phone or computer, and it is called an airgapped wallet.
Of course, one of the safer options is to buy a hardware wallet, which can be an excellent option for storing our private keys if we know how to use such devices correctly.
As for CEXs, all those who trade frequently have no choice but to keep part of their cryptocurrencies right there, and if a hack happens, they can only hope that the company will compensate them.
You should also always pay attention to phishing links and clipboard malware that can cause the loss of everything we keep in our hot/online wallets - and that means not clicking on suspicious links that we receive via e-mail and social networks, install an ad-blocker in your browser to block google ads and always check your coin addresses several times before making a transaction.