No need to worry: 10 ultimate tips for saving your Noah Coins!
By: Noah Coin
Tags: Education, Noah Project, Platinum Q Dao, Tips, English

Dear Noah Community,

We continue the series of our security guides aimed at helping you save your Noah Coins. Telegraph revealed that twelve large cryptocurrency exchanges were hacked, 510k user logins were stolen and $292,665,886 worth of cryptocurrency was lost in 2019. How can your funds be lost?

Your wallet may be hacked.

Your PC may capture a virus created to steal your digital assets.

You may make a mistake in a wallet address of a recipient and send money to an unknown person, with no chance to cancel the transaction.

You may forget to back up your hardware wallet, accidentally break it and lose your NOAH Coins.

Scared already? Panic aside, Platinum Q DAO Engineering has your back covered. Protecting your Noah Coins is not as difficult as you might think at the start of your cryptocurrency journey. In this article, we are going to give you several tips on the measures you can take right now to ensure the full security of your Noah Coins.

Ten tips on how to save your Noah Coins:

Protecting your cryptocurrency wallet is similar to securing any data stored on your PC. Feel free to be a little more paranoid while surfing the internet, clicking on links and opening email attachments. It’s highly important that you choose an exchange that is not only easy to use and flexible but also secure and reputable. Keep track of the news. If well-known and large exchanges abandon a project, it is a worrying sign. Permanent technical problems and strange policies are a red flag too. Cryptocurrency withdrawal difficulties are also additional points of concern. Remember to backup your cryptocurrency wallet. Keep it in a secure place and you’ll never face hardware failures, especially those caused by human error. If your PC or smartphone is stolen, the backup will help you restore your cryptocurrency wallet. Encrypt your cryptocurrency wallet by creating a very complex password and use Two-Factor Authentication (2FA) to add an additional layer of protection. Although encryption and passwords can protect your assets from criminals, they cannot release you from key-loggers or other malware. We recommend that you install an anti-virus or anti-malware solution and keep it up-to-date. When you create an account on any cryptocurrency exchange, set up a new email box and use it for your exchange account. Think up a lengthy and complex password, better yet, a passphrase. Never share this password or passphrase! Write it down on a piece of paper and store it in a secret place. When communicating with other users on forums and social media, don’t mention what cryptocurrency wallet or exchange you use. Ask your phone provider what security levels they can offer. Add all possible pin codes, secret questions, passcodes and any other means of protection. Don’t store all your digital assets in one exchange account or wallet. It would be wise to diversify your risks. Cybercriminals won’t be able to steal money from all your accounts or wallets at once, especially if you set up different email boxes and passwords for each of them. Keep big cryptocurrency sums in offline cold wallets. The cold wallet is a technology for keeping cryptocurrency on hard drives. In contrast to cold wallets, hot wallets are linked to the internet. Use a cold wallet to store your Noah coins. Hot wallets can be used for everyday transactions. Create the account on decentralized exchanges rather than on centralized ones. Since decentralized exchanges don’t store digital assets, hackers won’t be able to reach your Noah Coins. Encourage your friends and other users to follow the same recommendations. We’re sure that if our Noah Community treats security seriously, our Noah ecosystem will be less vulnerable to hackers’ attacks and less attractive to dishonest people.

As you can see, it’s not necessary to be a cryptographer to protect your account and Noah Coins, just follow our simple tips.

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