#CryptoSecurity101 #CryptoSecurity101 – A Beginner’s Guide to Staying Safe in the Crypto World 🛡️
Cryptocurrency offers exciting opportunities, but it also comes with unique risks. Here's a beginner-friendly guide to protecting yourself in the world of crypto:
🔐 What Is Crypto Security?
Crypto security refers to the practices and tools used to keep your digital assets safe from hacks, scams, and loss.
Unlike traditional banking, you are your own bank in crypto. That means you are responsible for your security.
🧱 Core Principles of Crypto Security
Not Your Keys, Not Your Coins
If you don’t control the private keys, you don’t truly own the crypto.
Use self-custody wallets (e.g., hardware wallets like Ledger or Trezor) for long-term storage.
Beware of Phishing
Always double-check website URLs.
Never click unknown links or download random files.
Scammers often impersonate real platforms or people.
Use Two-Factor Authentication (2FA)
Enable 2FA on all exchanges and wallets.
Use an authenticator app (like Google Authenticator or Authy), not SMS.
Secure Your Seed Phrase
When setting up a wallet, you’ll receive a 12- or 24-word seed phrase.
Write it down and store it offline—never store it on your computer or phone.
Anyone with your seed phrase can steal your funds.
Use Reputable Platforms Only
Stick to trusted wallets and exchanges (e.g., Coinbase, Kraken, Binance).
DYOR (Do Your Own Research) before trusting any project.
Keep Software Up to Date
Regularly update your wallet apps and devices to protect against known vulnerabilities.
🚨 Common Crypto Threats
ThreatHow It WorksHow to Protect YourselfPhishingFake sites/emails trick you into revealing infoAlways verify URLs; don’t click random linksRug PullsScam projects that disappear with your fundsResearch projects and teams before investingMalwareSteals private keys or credentialsUse antivirus; don’t download unknown filesSIM SwapsHijackers steal your phone numberUse 2FA apps instead of SMS
🛡️ Tools for Better Security
Hardware Wallets: Ledger, Trezor
