{"id":153476,"date":"2021-01-13T16:37:52","date_gmt":"2021-01-13T13:37:52","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/survey-25-of-crypto-users-not-securing-assets-as-well-as-they-think\/"},"modified":"2021-01-13T16:37:52","modified_gmt":"2021-01-13T13:37:52","slug":"survey-25-of-crypto-users-not-securing-assets-as-well-as-they-think","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/survey-25-of-crypto-users-not-securing-assets-as-well-as-they-think\/","title":{"rendered":"# Survey: 25% of crypto users not securing assets as well as they think"},"content":{"rendered":"

“# Survey: 25% of crypto users not securing assets as well as they think <\/strong>”
\n<\/p>\n

Cryptocurrency hardware wallet manufacturer Ngrave released the initial results<\/a> of its ongoing crypto security survey on Jan. 13.<\/p>\n

The results give a number of insights into the current state of security in the digital asset space and show that a full quarter of users perceive their current security measures to be more effective than they actually are.<\/p>\n

The survey has so far been completed by over 1,400 crypto users from 78 countries around the world. Despite efforts to push for inclusion in the space, 90% of respondents were male and over 60% fell within the 25\u201345 age bracket.<\/p>\n

Of those surveyed,\u00a062% held at least some of their cryptocurrency on an exchange, with one in three holding over 40% of their assets on a single exchange.<\/p>\n

The vast majority (96%) of those holding assets on exchanges use some form of two-factor authentication, or 2FA. However, one in four do not make a backup of their 2FA code. <\/p>\n

Additionally, almost half of respondents back up their exchange login credentials either online or inconsistently. Furthermore, 44% of exchange users do not whitelist withdrawal addresses.<\/p>\n

Two-thirds of those surveyed use a hardware wallet, with three quarters of these being USB devices. 87% of hardware wallet users perform test transactions before making large withdrawals.<\/p>\n

However, 67% of hardware wallet users keep their backup on a paper wallet, and over half confirmed that their private keys would be compromised if someone found the backup.<\/p>\n

Alongside its hardware wallet, Ngrave produces the Graphene, which is a method for keeping a wallet backup key engraved on a pair of steel plates, which are both required in order to recover the key.<\/p>\n

The survey is still available for those who want to perform an audit on their own cryptocurrency security and gives actionable tips to improve safety measures employed.<\/p>\n