Tools for actively trading your Satoshis, p2p and remotely
We have curated these crypto security and privacy tools for you to include in your Satoshis trading toolkit. Offering in a single check out experience, over a half-dozen hardware wallets for you to select from, three different MFA devices, three choices regarding metal mnemonic phrase backup, plus three anti-malware solutions and another three NFC crypto smart card solutions. Our suggestion is to segregate and compartmentalize your crypto hardware devices according to their intended use, the amount they’re to hold, and the anticipated threats to them.
These tools first and foremost, are known and respected hardware solutions, that are trusted to be highly secure. With user interfaces enabling you to easily spend, and self-custody, your crypto assets that are earmarked as trading capital, for both speculation and consumption. It is suggested that re-purposed general use devices are dedicated to only crypto banking operations, quarantining them against malware and virus infections. An old cell phone and laptop work well to interact with your chosen hardware wallet. This cheaply, simply, and privately increases the effectiveness of your crypto operational security.
If you are going to be trading these fast moving, volatile, and unpredictable markets that operate around the clock and never sleep. You’ll be needing to have mobile access to your trading accounts at all times. Whether new purpose built or old general use, your crypto will be safe if you’re not checking your balances on Blockfolio every hour on the device registered in your name that you use to scroll through Facebook crypto groups.
We suggest taking that security to the next level with a physical authentication key that is coordinated with a master password management services. We offer 3 solutions for each of those security tools, you must Do-Your-Own-Research to decide which to pick. You’ll want to use these both, key and password manger, along with one of a either AUTHY or Google Authenticator, in order to protect that mobile phone and laptop from susceptibility to remote access. ATTN: Do NOT use SMS authentication as this leaves you susceptible to phone Sims card porting attacks!
We’ve included a physical multi-factor authentication key that protects both Android and IOS devices against remote hackers. In order to protect that same mobile device when accessing your trading platforms and websites, or on public WiFi hotspots, we suggest you use one a a few VPN, virtual private network, services for both phone and computers (Proton VPN has a free version and the Opera browser has a VPN setting you just have to turn on). These will also protect your content communicated, your location, and the IP address used, avoiding exposure to potential trackers and hackers and their malware. Lastly this toolkit includes a your first months subscription to a crypto-specific anti-malware service that defends against keyloggers, clip-board access, and even your bank account data. Again, any one of three various subscription services.
The anti-malware subscription, mobile MFA, exchange integrated hardware wallet and its metal backup, along with a Lightning enabled NFC “crypto debit” tap-n-pay card are all added to the Basic HODLer’s Toolkit, which includes your
- physical USB MFA key,
- three USB “bearer sticks”, and
- a hardware wallet (that provides both a “dummy wallet” and a “secret wallet”)
- a metal mnemonic phrase backup protection included( ideally for off-site durable versions of your notebook kept in a fireproof safe)
Along with the four hardware devices we include a 1-yr membership to a password manager with a strong reputation as a trustworthy solution for safely creating, storing, and sharing the many passwords you will need.
To help guide you in your use of all these tools and to coordinate them safely we also include “The Tao of Bitcoin Banking, a how-to guide for sailing the crypto seas” (the eBook is available on Amazon here and the paperback version found here for 20% less than on Amazon) and access to the on-demand educational resources of the Trader’s edition of the Bitcoin Banking course. You will also be given membership access to our private Telegram group for connecting with your fellow students of the Tao of Bitcoin Banking, as well as added to our private Telegram channel used to keep our alumni up to date on the state of the art technologies, the market movements, and the potential crypto storms on the horizon.
This suggested collection of tools to include in your Satoshis trading toolkit has been curated to provide the bare minimum security devices to enable actively trading your Bitcoin on the go. Providing solutions that enable safely trading remotely on an exchange or in person face-to-face with your peers. The members-only Telegram group can be used to locate other traders that operate with a similar privacy-centric paradigm, enabling a reputation economy to form within our private network. Protecting us all from the many “bad actors” in the realm that prefer to pirate the value others have created rather than earn their own. Part of that is making this an invitation-only group behind a Lightning network paywall, you’ll need some funds, only $.05 USD worth of Satoshis, ready in a Lightning channel in order to join the group.
All of these tools, educational resources, and communication platforms are arranged to allow us all to eventually form a sort of “League of Trusted Traders”. Mirroring the leagues for competitive sports, using their business structures to gain the same regulatory protections that are currently enjoyed by the US “National Football League” and “Major League Baseball”. The most difficult aspect of trading in a peer to peer manner in a trustless realm is that it is exceedingly difficult to know who to trust, especially when privacy protections are required not just to protect our identities but also our Bitcoin and our freedom to transact with it.
That is exactly why the Bitspark platform solution (operating out of Hong Kong since 2014 but still not available to US Persons) has been providing real use to a growing user base throughout this speculative trader’s Winter. They are enabling cash-in and cash-out cross-border money transfers for lower fees than elsewhere because the have left the legacy banking system out of the equation. Every one of the registered agents providing those trading services in either direction will all be wise to have the basic tools for crypto key management; hardware wallet, metal backup, MFA key, and password manager.
That is unless going the fully DIY general use route; re-purposed smart phone, USB memory stick, and notebook backup (even with 2nd layer encryption for the most technical minded).
You still would be wise to at least make certain to use a free password manager, security protocols call for a unique secure password for every exchange account, email address, and platform you join. If you can’t craft your own secure and automated password management system, then consider at least one of the free levels of service. Generally the rule is to use 2FA applications and/or email verification on your wallets and accounts, even and especially when you don’t have a physical MFA key available. Bookmarking and white-listing the IP addresses you trade on, as well as the Bitcoin addresses the exchanges send withdrawal requests to.
Leaving a data trail exposing the fact that at you have purchased purpose built crypto devices while prices are relatively low may lead to you becoming targeted later when the prices become extremely high.Trace Mayer