Earning money from crypto has become so easy that it’s fairly common to see people making double digit gains within the span of a month, but suffice it to say that there are an equal number of people that lost all of the money they had because of the fact that they were too foolish to get their house in order metaphorically speaking. At the end of the day, crypto’s profitability is a direct byproduct of its risky nature, since it is only natural that the riskiest investments will provide the highest returns.
Hence, when you get your passive income from Yield nodes, you should take a few necessary steps in order to protect it which includes transferring it to your own personal crypto wallet. This is not to say that Yieldnodes is not worthy of your trust, it just means that you can’t take any chances when it comes to your life savings. If your crypto is secured in a wallet that only you have access to, the risks of these funds getting stolen would become negligible because of the fact that no one would be able to enter this wallet if they don’t have the lengthy pass phrase.
There are countless security protocols that will protect your money in an Exodus wallet, and the best part is that you don’t have to go through a complicated process to set this wallet up either. Instead, you can just download the app on your phone, create a password for your account and get started! One thing to keep in mind is that your password is extremely important since there is no way to access an account if you forget the login key.