The below is an excerpt of a longer article. Feel free to check out the full article at AtoZ Markets.

Cryptocurrencies represent an incredibly secure way of making transactions and purchases online. But Bitcoin and its altcoin alternatives are not without risk.

For one thing, 2021 has seen a spate of COVID-19 inspired threats directed at cryptocurrency platforms. The FBI recently released a warning that notes enhanced risks.

Meanwhile, security experts are debating whether this year will see as many exchange hacks as 2019. Last year is on record with 12 significant breaches, which combined resulted in losses well over US$292 million.

3 steps to secure cryptocurrencies in 2021

Keeping your digital currency safe in 2021 is a matter of good digital hygiene practices. It is also a matter of using tactics and tools that mitigate the risk to your investments.

To help you get the cybersecurity ball rolling, here we detail three top strategies to keep your cryptocurrencies secure in 2021.

1. Use a high-quality Virtual Private Network

Virtual Private Networks, or VPNs, have quickly become one of the most important pieces of cybersecurity software available. Using a VPN not only shields your online activity from prying eyes, but it also ensures that data packets are fully encrypted as you send them over a private network.

The security implications of VPNs are that hackers cannot see your activity nor decrypt the information you’re sending. So private keys, log in details, and passwords are more secure. And, as a result, so too are your wallets and currencies. Choose a high-quality paid subscription over a free VPN, the latter are notorious when it comes to third-party data sales.

An added bonus of VPNs is that they make public wifi networks much safer. If you have no choice but to log in to your crypto accounts on open wifi, make sure your VPN is switched on.

For those looking for further insight, check out the full article on Securing Cryptocurrencies in 2021: 3 Key Steps.