LESSON 02 / STAY SAFE

Slow down. Check first.

The most useful crypto skill is knowing when to pause. Start with these checks before opening an account, sharing information, or sending money.

01

Watch for pressure

Promises of guaranteed returns, secret opportunities, urgent deadlines, and requests to send crypto to “unlock” a withdrawal are warning signs. A person you met online asking for crypto deserves extra scrutiny.

02

Protect your access

Use a unique password and strong multifactor authentication. Go directly to a provider's official website or app. Never share a recovery phrase, private key, or one-time login code.

03

Understand custody

With self-custody, you control the keys and are responsible for keeping them safe. With a custodian, you depend on that provider's security and ability to serve you. Understand the tradeoffs before choosing.

04

Check each transfer

Confirm the destination, network, amount, and fee. Some transfers cannot be reversed. If you ever choose to transfer funds, consider a small test transaction first.

KEEP THIS RULE

No legitimate helper needs your recovery phrase.

Anyone asking you to reveal it can use it to take control of your assets. Stop the conversation and seek help through an independently verified channel.

Continue with reliable sources

Regulators publish practical guidance on custody and common scams. These are good places to check a claim before you act.

NEXT LESSON

How might digital money be used?

Digital payments →