How to buy and store cryptocurrency safely?

1. Choose a reputable cryptocurrency exchange: Before investing in cryptocurrency, it is important to make sure the exchange you are using is reputable, secure, and trustworthy. It is also a good idea to compare different exchanges to find the one that offers the lowest fees.

2. Use secure wallets: Cryptocurrency wallets store the public and private keys associated with your bitcoin address. As such, it’s important to use a secure wallet to ensure your funds are protected. Hardware wallets are usually considered the safest option as they are offline and less vulnerable to attacks.

3. Use two factor authentication: Whenever possible, use two-factor authentication (2FA) when signing up for a cryptocurrency exchange or wallet. This extra layer of security requires you to enter a code sent to your phone as an extra step to authenticate your identity before you can make any deposits or withdrawals.

4. Choose strong passwords: Selecting a strong password can be difficult but it is one of the most important steps in ensuring the security of your coins. Make sure your password is at least 8 characters long and contains numbers, symbols, and both uppercase and lower case letters.

5. Do your research: Before investing in any cryptocurrency project, do your research to make sure the team responsible for it has a good track record and legitimate credentials. Also, read reviews from other investors to identify any potential issues or scams.