Digital assets are resistant to censorship by design and give private key holders complete control over their crypto. The only caveat is that investors are solely responsible for protecting and safely storing their own funds.

The crypto community is growing at an exponential rate, with the number of users now totalling over 100 million. It’s reported that at least 14 million users are new market participants as of 2021, drawn in by the latest bull cycle excitement and eager to invest in their futures.

These first-time crypto users can be easy targets for cybercriminals and scammers if they don’t follow basic online security protocols and crypto best practices.

Subscribe to KuCoin YouTube Channel

🔥 Ready to start trading? Sign up for KuCoin and get 20% off Trading fees

See also  Security First In DeFi Panel: How projects respond to risks and how users can protect themself?