How to protect our Real Estate Tokens?

Real estate tokens have opened up a new way of investing in the real estate market, providing greater liquidity and accessibility for investors. However, as with any valuable asset, cybercriminals are always looking for new ways to steal our keys, which is why it's essential to protect your tokens from the risks of theft or loss.

The tokens in our buildings are known as Security Tokens, since they represent financial values. This type of token It is regulated under the CNMV (National Securities Market Commission). To acquire these tokens, users are required to have passed a identification process (KYC Know Your Customer) and only those Wallets That they are approved by Reental they will be able to trade with these tokens.

This feature gives them greater security and makes it difficult to use them in case of theft, we leave you the following link to our post blog about Security Tokens so that you can have more information and ask yourself all your questions about it.

If you are like us, one of those who prefer not to be scared and their real estate investments protected, then we are going to show you the specific tools and good practices necessary to protect your real estate tokens, thus ensuring the security of your investments in this new emerging market.

• Why is it important to protect your tokens?

It is necessary to protect our tokens, since they are a valuable asset and are subject to risks of theft or loss.

When using the Internet to manage our real estate investments, it's important to consider potential security risks, such as unauthorized access to confidential information or technical issues. However, there are safety measures that can help prevent these problems.

When thinking about a method to protect our tokens, we should consider:

-Protection against theft: Real estate tokens can be a target for cybercriminals because of their value and anonymity. By using appropriate security tools, you can reduce the risk of your cryptocurrency being stolen.

-Protection against phishing: Phishing is a technique used by cybercriminals to obtain personal information or private keys through deception.

-Protection against loss: Cryptocurrencies are a digital asset and are therefore subject to loss if they are not stored properly. By backing up and using hardware wallets, you can protect your cryptocurrency from loss.

-Identity Theft Protection: By using strong passwords and two-factor authentication, you can protect your cryptocurrency account from identity theft attacks.

• How can we protect ourselves from these risks?

Now that we know about “what we should protect ourselves” it is time to know how to do it. Next we are going to delve into the tools needed to protect your assets and make informed decisions about how to safely manage your digital money.

Best types of tools to defend your tokens

1. Hardware wallets
2. They are devices physical ones specifically designed to store cryptocurrencies such as your real estate tokens. They store your private keys offline, making them less vulnerable to cyberattacks. Some examples of commonly used hardware wallets in the market are: Ledger, one of the best-known brands of hardware wallets. It offers a wide variety of devices with integrated screens and support for a wide variety of cryptocurrencies. Another popular wallet is the brand Trezor with its low-cost device and user-friendly interface, plus compatible with a wide variety of wallets and exchange platforms. Finally, the brand KeepKey It is a large device, has an intuitive user interface and is compatible with several wallets and exchange platforms.
3. Hot-Wallet wallets
4. Unlike hardware wallets, Hot-Wallet wallets are electronic and operated by software. These wallets they allow you to access your tokens online and are easier to use, but are more vulnerable to cyberattacks. The examples that we leave you with the most use may be MetaMask is a browser extension and a software wallet that allows users to interact with decentralized applications (dApps), has an intuitive user interface and allows users to create and store private keys securely. The next one is Exodus open source software wallet for storing cryptocurrency. It is compatible with a wide variety of cryptocurrencies and is a good option for users looking for an easy-to-use wallet with an attractive graphical interface. Finally, MyEtherWallet (MEW) allows users to create and store private keys offline, meaning they have full control of their funds. It also supports connecting to hardware wallets such as Ledger and Trezor for a higher level of security.
5. Two-Factor Authentication
6. Two-Factor Authentication It is an additional security measure that requires the entry of a code generated by a mobile device or an application to access your account. This helps protect your account from unauthorized login attempts.
7. Backups
   
8. It's important to back up your private keys and keep them in a safe place. This ensures that you will be able to access your tokens even if you lose your device or suffer a cyberattack. You can back up your private key to a USB stick or by printing a paper copy.

Best Practices

We live not only on tools, but also on good practices.

We will now discuss best practices for protecting your tokens, from using secure passwords that contain a combination of letters, numbers and symbols, avoiding the use of personal information such as dates of birth or names, to staying informed of hacker attacks.

• Use of secure and unique passwords:
• Using strong and unique passwords for all your accounts will help protect them from brute force attacks, which are a method used by criminals to guess passwords using an automated program. When creating a secure password, it is advisable to use a combination of letters, numbers and symbols of more than 14 characters and to avoid the use of personal information such as dates of birth or names. Finally, avoid storing your access data in documents on/off line that anyone can access or share by messaging or email.
• If you want to know how long it would take to hack your password, I recommend that you use https://www.passwordmonster.com/
• Don't share personal information
• Do not share personal information with third parties, as it can be used to access your cryptocurrency accounts or to carry out fraudulent transactions. It's important to avoid giving personal information to strangers or to untrustworthy websites.
• Stay informed
• Staying informed about the latest threats and vulnerabilities in the cryptocurrency world is essential to be able to take steps to protect your assets. This includes keeping up to date with the latest news, security updates and new trends in the cryptocurrency world.
• Avoid scams
  
• Avoid cryptocurrency-related scams and always be careful when giving out personal information or making transactions with strangers. It's important to research the people or companies you're doing business with and to be on the lookout for suspicious emails or phone calls. It is also recommended do not click on suspicious links or download software from untrusted sources. If something sounds too good to be true, it probably isn't.
• Find out about the company with which you are going to invest or buy cryptocurrency
• It's important to exercise caution when investing in cryptocurrency and to always do your research before making any financial decision. With these precautions, you can protect yourself against cryptocurrency-related scams and keep your assets safe.

• Conclusion

In conclusion, protecting your real estate tokens is essential to avoid unpleasant events and ensure the security of your investments in this emerging market.

By using tools such as hardware wallets, message signing and multi-signature, you can increase the security of your assets and reduce the risk of theft or loss.

It is essential to stay informed about the best security practices in this market and to avoid falling into scams. It is also important to remember that security is a constantly evolving topic and we must keep up to date with the latest trends and best practices in this area. We recommend following these practices and tools to ensure the security of your investments in real estate tokens.

In order not to miss any of the opportunities we present, we recommend that you join our group of Discord or Telegram To get to know others Reentels and the whole team. Of course we invite you to take a look at our articles on the blog to continue informing you.

Welcome to the new way of doing finance, welcome to Reental.