This post is part of a weekly Tuesday series at Coinbase about the latest consumer protection and security measures for crypto owners.
Crypto owners should be aware of the risks involved in keeping their crypto safe while traveling. Here are some tips to help protect your assets:
- Use trusted exchanges and hook up a secure hard wallet.
- Be mindful when using Bitcoin ATMs (known as BTMs).
- If you’re traveling far, use a virtual private network (VPN) and other private WiFi services.
- Follow these quick tips to keep your crypto safe on the go.
- Mind Your Device Settings
- Make sure to set up two-factor authentication (2FA) and security keys and do a wallet recovery phrase backup before traveling to other countries.
- It’s best to use a secure hard wallet for day-to-day crypto transactions and a secure digital wallet for longer-term savings when traveling the world.
- Use Trusted Exchanges Only
- Make sure your crypto is kept on a trusted platform such as Coinbase or Coinbase Wallet.
- Always take caution before using exchanges that are banned in specific countries and before using foreign BTMs.
- Stick to Safe Grounds
- While crypto is decentralized, your location still matters.
- Be aware and extra cautious in countries where crypto is banned or strictly regulated.
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