What are some best practices for securely storing my funds on the platform ?
1.
Make sure to use a strong and unique password for your THORChain wallet. It is important to use a combination of upper and lower case letters, numbers, and special characters in order to make it difficult for hackers to guess. 2.
Enable two-factor authentication (2FA) on your THORChain wallet. This will add an extra layer of security by requiring you to enter a code sent to your mobile device or email address each time you log in or make a transaction. 3.
Use a hardware wallet such as Ledger or Trezor when storing large amounts of funds on the platform. These wallets are considered the most secure way to store cryptocurrencies as they are not connected to the internet and are not vulnerable to hacking attempts. 4.
Always keep your private keys safe and secure, preferably offline in a secure location such as a safe deposit box or encrypted USB drive. Never share your private keys with anyone else, even if they claim to be from THORChain or another trusted source. 5.
If you are using an online wallet, make sure that it is provided by a reputable company with strong security measures in place such as multi-signature authentication and cold storage of funds. 6. Regularly monitor your account for any suspicious activity and contact customer support immediately if you notice anything out of the ordinary.
