How to secure your crypto assets? You should check this out…

BIB Exchange Official
2 min readJun 4, 2022


As crypto trading becomes increasingly mainstream, our Security team here at BIB has seen cybercriminals getting even more creative and persistent in their attempts to steal assets. While that can sound a little scary at first, the good news is that you can dramatically improve your digital security with just a few easy steps. Not only will this help protect your funds on BIB, it can be applied to the rest of your digital life as well!

Apart from keeping your cryptocurrency in wallets, there are also other ways in which you can enhance your crypto asset security even further.

Here are a few of these:

Secure Internet: Always use a secure internet connection when you are accessing your crypto wallet or making transactions. Make it a point to never access your wallet on a public wi-fi network. If possible, also use VPN services on your device.

Passwords: Most people use the same password on all their devices and social accounts. This is certainly not a good practice. You should have different passwords for your accounts and always maintain a practice of changing your passwords within a few months across all domains.

Use 2-factor authentication (2FA): In addition to strong passwords, where available, use two-factor authentication (2FA). And always use the strongest type of 2FA the platform allows, ideally a Yubikey or similar hardware security key.

Keep your devices secure: You should always keep the antivirus software updated on your device so your device already has the latest virus definitions. This will go a long way in providing you with an additional protective cover in the online domain.

Don’t fall for tricks: Hackers posing as tech support — even bad actors posing as BIB customer support specifically — may pressure you for account credentials. BIB will never ask you for passwords, 2FA codes, PIN numbers or for remote access to your computer. If someone reaches out to you and you’re not sure if it’s a scam, you can reach out to to confirm whether it’s legitimate. And remember, Microsoft, Google, and Apple will never call you about your computer.

The crypto space is littered with scammers and cybercriminals who are always on the lookout for their next target. In such circumstances, it is your responsibility to keep your crypto assets as secure as you possibly can if you don’t want to become a prey to these hunters.

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