Cryptocurrency Security Checklist

This cryptocurrency security checklist is a compiled version of things you should and should not do concerning bitcoin and cryptocurrencies; put together from the guides published on this newsletter.

Delivering interesting content every single week on Web3, Security, Crypto, NFTs and DeFi.

It's FREE, Takes less than 5-minutes to read, and you are guaranteed to learn something.

Let's front-run the opportunity!

Join the Newsletter: BlogChain



  • Store your recovery seed offline. May it be on pieces of paper or a steel sheet, and store them somewhere no one else but you has access to.

  • Store the majority of your funds in a secure wallet. If you own a decent amount of coins, store your funds on a reputable hardware wallet like a Ledger or a Trezor, or a securely-made paper wallet(not recommended for non-experts).

  • Use reputable wallet software. If you’re using a software wallet, as much as possible, only use wallet software like Electrum which is open-source and have known to be reputable.

  • Be aware of the bitcoin and crypto scams. That way, it significantly lessens the chances of you falling for them.

What is a Seed Phrase? (a.k.a. Recovery Phrase)

A seed phrase is a string of words created by your cryptocurrency wallet and used to get access to the crypto linked with it. Consider a wallet to be a crypto version of a password manager, with the seed phrase serving as the master password. You'll have access to all of the crypto linked with the wallet that created the phrase as long as you have your seed phrase — even if you delete or lose the wallet.



  • Don’t use a paper wallet. Unless you are 100% confident that you can create one safely and securely via an air-gapped device.

  • Don’t save your recovery seed digitally. Not on a .txt file, a word document, on your email, on your mobile phone’s notes app, or anywhere digital.

  • Don’t give away your recovery seed. Some airdrop scams require you to hand over your wallet’s recovery seed for you to be eligible for the airdrop. Giving away your private key(s) is pretty much like giving away access to your funds.

  • As much as possible, prevent talking about bitcoin or cryptocurrencies to strangers.

What Is a Crypto Airdrop?

Crypto airdrops are a type of marketing approach used to promote cryptocurrency companies and their new coins. It entails transferring free money or tokens to a number of different wallets.



Ledger Stax was made for the day-to-day use of your crypto & NFTs with clarity and comfort. Clear-sign your transactions with ease on the world's first curved E Ink touchscreen. Name it, customize the lock screen with your favorite NFT or photo – make Ledger Stax yours. Entrust your peace of mind to Ledger’s uncompromising security.




  • Use 2 Factor Authentication on your accounts. Your accounts having 2FA makes your accounts significantly harder to hack.

  • Use secure and complex passwords on your exchange accounts. Preferably 40 characters, with both uppercase and lowercase letters, and with special characters. We heavily suggest using password managers like KeePass and Bitwarden to generate and store your passwords.

  • Frequently check your browser’s address bar. Make sure you’re on the correct URL; to prevent being phished and prevent unintentionally downloading malicious software.


  • Don’t click on bitcoin or crypto-related ads on Google or any other search engine. There’s a decent chance that a certain link you see in your search result is a phishing link that could potentially steal your funds. Alternatively, manually type in the exchange’s URL on your browser’s address bar, or bookmark the exchange’s URL on your browser instead.

  •  Don’t re-use passwords on exchanges or any other website. If a certain website’s account database gets hacked and leaked and you have an account on that certain website, hackers can try to use your leaked account’s credentials to log in to your exchange accounts.

“There are only two types of companies: those that have been hacked, and those that will be.”

-Robert Mueller, FBI Director


credit: cryptosec

My Latest Newsletter Articles:

Protect yourself from Scams and enhance your Online Security with these Must-Download Extensions!

Be Alert: Watch Out For Google Forms Phishing Scam

🔍 3 Ways to Verify a Rug on Etherscan

Understanding zkEVM in 2 minutes

How to Learn Crypto if You're Starting Today

Are you tired of Google Chrome slowing down your computer? You might find this helpful.

NFTs Investment

What Is MEV, aka Maximal Extractable Value?

AND MORE>>>>>>>>>>>

Learn All Web3 & Crypto Basics

I hope this was helpful!

Thank you for reading!

If you're interested in following along, feel free to subscribe!

Let’s bust some more in next article.


BINANCE - Register NOW!


My Latest Blogs:

What Is Nostr? And How To Get Started?

5 AI Art Generators You Can't Miss

All You Need To Know About Wrapped Ethereum (wETH) And How To Get It On MetaMask

What is a Merkle Tree?

How to Create Your Own Cryptocurrency?

AND MORE>>>>>>>>>>>

If you want more, be sure to


Collect this post to permanently own it.
The BlogChain Newsletter logo
Subscribe to The BlogChain Newsletter and never miss a post.