Secure your LocalCryptos account with these few easy steps (thread 👇)
1. Enable 2FA
Google Authenticator stores your 2FA backup key locally on your device, making it much harder for hackers to compromise your security.
2. Download Wallet Backup
The wallet backup is a file that allows you to access the private keys to your wallet independently and at any time you want.
Since the wallet backup file contains the key to your cryptocurrency funds, it should be treated with extreme care.
3. Don’t Keep All Your Crypto in One Wallet
A safer and more private way of storing your cryptocurrency is to spread it across multiple cold wallets.
4. Don’t Share Personal Information in The Trade Chat
Personally-identifying information can significantly compromise your account security, so it’s never advisable to share any information besides the minimum required to make the trade.
5. Identify and Avoid Phishing Attacks
Double-check the sender’s address and the authenticity of URLs.
Avoid reacting impulsively to any calls to action (downloading attachment files, logging into “your” account, or replying with any sensitive information).
High network fees hurt the underserved the most. They're a further blow to communities that are already excluded financially from the rest of the world.
As far as we know, more Venezuelans use LocalCryptos than any other #Ethereum DApp. LocalCryptos is the most popular $ETH decentralized application among Venezuelans.
However the way Venezuelans use LocalCryptos is different to the rest of the world.
Venezuelans are in a dire situation. The bolívar has already lost 85% of its value since January, and it is constantly losing more of it every day.
We're not making this up. The bolívar loses value EVERY SINGLE DAY… (cont)