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  • Privacy and data security are two more things to think about. There's always a chance of data breaches or illegal access, just like with any digital platform handling private financial data. By creating strong passwords and, when available, turning on two-factor authentication, users must make sure they are taking the necessary precautions to protect their personal information. It is also advised that users read the app's privacy statement and comprehend how the data it collects and stores will be used.
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