The US retail and banking NatWest has taken effective measures to protect users from hidden encryption damage when BTC (BTC) touches for months.

On March 14th NatWest imposed important limits on payments on cryptocurrency exchanges, imposing daily and monthly caps on such transactions.

NatWest has set a cap of 1000 yuan ($1216) for daily transactions involving login password exchanges, according to a public announcement shared with Cointelegraph. The financial institution also specified a maximum payment of 5000 yuan ($6080) for 30 days.

The bank said NatWest's latest restrictions were aimed at helping protect customers from "future-changing money" losses and made up for the risks of investing in encryption projects because of many frauds in the sector.

Blanchett Skinner, head of fraud maintenance at NatWest, said: "We can see an increase in the total number of fraud-themed activities using cryptocurrency exchanges, and we are taking action to protect our products." The management elaborated on the need for self-hosting of encryption and advised encryption investors not to deposit its assets with a third party, he pointed out:

"you should only manipulate your cryptocurrency wallet from beginning to end, and no one else should have the right to browse it. If you don't set the wallet, or if you can't get the money, it's probably a scam.

According to NatWest, login password fraudsters are increasingly taking advantage of the cost dilemma of ongoing life because of the high returns promised by service.

The bank said: "suspects take advantage of the lack of knowledge and unpredictability of the operation of the cryptocurrency market to encourage investors to transfer assets to the exchange under the threat of criminals. Such exchanges are usually set up by criminals or victims in the name of the users themselves." The announcement stressed that men over the age of 35 face greater challenges because they are more willing to take responsibility for transactions.

In the announcement, NatWest also shared some procedures to help prevent becoming victims of cryptocurrency fraud, including advice not to share your public key with others. The bank also recommends encrypting investors to read all the information of the article at a relatively slow speed to prevent hasty investment and misrepresentation of the web site. NatWest also advises investors to guard against disclosure, as it is one of the most common scams in the login password industry.

NatWest is known for disconnecting all credit and savings card payments to the Binance password exchange in 2021. At that time, the enterprise also mentioned the investment fraud of high-level login password projects.

The news came as BTC soared above $26000, as US consumer price index data showed that inflation rose 6 per cent year-on-year and 0.4 per cent month-on-month. The rise in Bitcoin may also be due to the constant variability surrounding the failures of key US banks, including Silicon Valley banks, silver gate banks or signed financial institutions.