Quick Crypto Healthy Check-up
Quick Crypto Healthy Check-up

Quick Crypto Healthy Check-up

By Mandem | Deus Ex | 8 Aug 2021


Against malevolent governments (an euphemism) and other bad actors in the world, to protect your assets, choose:

Decentralized exchanges (DEX) like Uniswap, PancakeSwap, Bisq over custodian centralized exchanges (Kraken, Coinbase, Binance,..).Crypto trading is at your own risk.

If you are a bit tech-savvy or willing to learn, try to run your personal master node if possible.

Own your crypto keys on a private cold (open-source) wallet or a hard wallet (Nano) to stay under the middlemen tax and other hacker nasty radars. Aim for self-custodial wallets (TrustWallet, CakeWallet, MyEtherWallet, ...).

Also stake your crypto on Celsius, Blockfi, Cakedefi platforms, etc...
Even if you are forced to KYC yourself on these lending and staking websites, it is still nice to have them in your portfolio.

In general, distribute your wealth on multiple channels with their own MFA & PWDs to complicate any intrusion access.

Different phone numbers and mobile devices (iOS, Android, others) are also good as it is better to reach your favorite crypto apps on different devices with security in mind.

 

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Mandem
Mandem

Belgian Catholic, Digital Artist & Crypto enthusiast


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