Summary
Kucoin token can be securely managed with Ledger Live, a desktop and mobile application.
1
Hardware wallets are considered safer methods of storing digital assets than hot wallets on exchanges
2
, and Ledger hardware wallets can be used to store KuCoin tokens.
3
According to
See more results on Neeva
Summaries from the best pages on the web
Summary
Ledger, a hardware wallet manufacturer, recently highlighted the KuCoin hack as the fourth biggest crypto exchange hack ever, encouraging its followers to avoid storing assets on exchange wallets. The KuCoin hack incident highlighted the vulnerabilities of hot wallet storage, which raises the question of safe storage, as wallets on exchanges are easy to manage and the responsibility of security is not on the user but on the exchange. Hardware wallets are considered safer methods of storing digital assets, but the recent breach in the customer contact database shows that there are risks associated with cold wallets as well.
Ledger Calls Out KuCoin After Hack as Wallet Users Cry Foul
beincrypto.com
Summary
To store and manage KuCoin, you need a compatible cryptocurrency wallet. Manage your tokens with a compatible third-party wallet while keeping them safe with a Ledger device:
Ledger hardware wallet stores your private keys and signs transactions offline, making them resistant to malicious attacks and threats.
KuCoin Wallet - Secure your kcs assets | Ledger
ledger.com
Bitcoinmining is the process of using a computer to perform the difficult calculations that secure the network and make Bitcoin a proof of work cryptocurrency. While in the early days…
9 Best Crypto Exchanges in Texas (2023)
buybitcoinworldwide.com
