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1. Beginner Course

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  1. 1. What are these cryptocurrencies?
  2. 2. Bitcoin - the story of a technological revolution
  3. 3. Satoshi Nakamoto, who is the creator of Bitcoin?
  4. 4. Vitaly Buterin – the creator of Ethereum
  5. 5. What is blockchain, and how does it work?
  6. 6. What is an NFT token?
  7. 7. What is money?
  8. 8. Cryptocurrencies vs fiat money, which will win?
  9. 9. What is DeFi (Decentralized Finance)?
  10. 10. DeFi: opportunities, advantages and disadvantages of decentralized finance
  11. 11. What is an altcoin?
  12. 12. Stablecoins - What are they?
  13. 13. Cryptocurrency wallet - what is it?
  14. 14. Why do we talk about bull and bear markets?
  15. 15. Security in the crypto market - what rules are worth following?
  16. 16. What is the seed phrase in cryptocurrencies?
  17. 17. Dogecoin and memecoin - what are they?
  18. 18. What is a Ponzi scheme?
  19. 19. What is a Soft and Hard Fork?
  20. 20. Blockchain - examples of use
  21. 21. Is blockchain safe?
  22. 22. What are the types of blockchain networks?
  23. 23. What is blockchain network congestion, and how does it work?
  24. 24. Cryptocurrency wallets: Hot Wallet vs. Cold Wallet - key differences!
  25. 25. Cryptocurrency wallet diversification
  26. 26. Halving Bitcoin - what is it, and how does it affect the price?
  27. 27. Blockchain versus databases: key differences!
  28. 28. How do you transfer cryptocurrencies?
  29. 29. The most important cryptocurrency acronyms/slang you need to know!
  30. 30. The memecoin story: madness or great investment?
  31. 31. What is Ethereum? 
  32. 32. Everything you need to know about gas fees in Ethereum!
  33. 33. Gavin Wood: Blockchain Visionary and Co-Founder of Ethereum
  34. 34. Decentralized Apps – what are they?
  35. 35. What is Proof of Work (PoW) and what is Proof of Stake (PoS)?
  36. 36. What is the Proof of Authority (PoA) consensus mechanism?
  37. 37. What is Proof of Burn (PoB)?
  38. 38. What is a whitepaper? What is its purpose, and how do you write it?
  39. 39. Smart Contracts - what are they?
  40. 40. Know your customer (KYC) and Anti-money laundering (AML) what are they in the cryptocurrency industry?
  41. 41. Blockchain and NFT games - how to make money on them?
  42. 42. Liquidity in the cryptocurrency market
  43. 43. Inflation and its effects on financial markets
  44. 44. What is stagflation and why does it have a negative impact on the market?
  45. 45. What are utility tokens and what use do they have in the cryptocurrency sector?
  46. 46. What is cryptocurrency mining?
  47. 47. What is the mining difficulty?
  48. 48. What is compound interest, and how does it work?
  49. 49. What Are Privacy Coins and Are They Legal?
  50. 50. What is CBDC - central bank digital money?
  51. 51. What is Cryptocurrency Airdrop all about?
  52. 52. Key differences between ICO, IEO and STO
  53. 53. What are decentralized DAO organizations, and how do they work? What are DAO tokens?
  54. 54. What is EURT? How does it work?
  55. 55. What is the difference between Circulating Supply and Total Supply?
  56. 56. Snapshot from the world of cryptocurrencies - what is it?
  57. 57. What is the Fear and Greed index for cryptocurrencies?
  58. 58. APR versus APY: what is the difference?
  59. 59. What is an Initial Farming Offer (IFO)?
  60. 60. What is Regenerative Finance (ReFi)?
  61. 61. Who Is Craig Wright, the Alleged Creator of Bitcoin?
  62. 62. What Is Bitcoin (BTC.D) Dominance?
  63. 63. Michael Saylor, Self-Proclaimed Bitcoin Maximalist
  64. 64. Bitcoin Pizza Day
  65. 65. AI blockchain - a new look into the future?
  66. 66. What is WorldCoin? Everything you need to know about this cryptocurrency!
  67. 67. Azuki NFT collection guide: everything you need to know about it!
  68. 68. The 10 most expensive non-fungible tokens (NFTs) ever!
  69. 69. The Bored Ape Yacht Club (BAYC) - the story of the popular NFT collection!
  70. 70. CyberPunks - the story of the most popular NFT collection in the crypto industry!
  71. 71. NFT Art: The digital art revolution - history and examples!
  72. 72. Who is Changpeng Zhao, CEO of Binance?
  73. 73. Who is Brian Armstrong - CEO of Coinbase?
  74. 74. Who is Galy Gensler and the SEC? How does the Securities and Exchange Commission (SEC) affect the cryptocurrency market?
  75. 75. Web3's most popular social media platforms! Will they replace the platforms we know?
  76. 76. What is IoT - the Internet of Things?
  77. 77. On-chain analysis in the cryptocurrency world: Everything you need to know about It
  78. 78. Can you pass on your cryptocurrencies after death? How do you pass on a cryptocurrency inheritance?
  79. 79. What is the Howey test? What application does it have in cryptocurrencies?
  80. 80. The use of blockchain technology in the world of sport
Lesson 15 of 80
In Progress

15. Security in the crypto market – what rules are worth following?

Cryptocurrencies are a tasty treat for criminals. They are just waiting for you to make a mistake or stumble. When using digital assets as a way to invest your savings, it is worth following some downright fundamental rules that will increase your security in this industry. Today, we’ll discuss this topic-dangers in the world of digital assets.  We’ll tell you what steps to take to keep your funds safe and your sleep more peaceful. 

Security in the cryptocurrency market 

You have noticed that investing in digital assets is different from traditional saving, such as saving money on deposit. It is also more dangerous and demanding. Now let’s have a look at the differences that exist between the two ways: 

1. When investing your savings in cryptocurrencies, you must first acquire them.  This involves setting up an account on a suitable cryptocurrency market. In comparison – when investing in securities, you can turn to a trusted brokerage firm. Of course, the exchanges are secure, but there is no shortage of targeted attacks and consequent theft of asset holders’ funds. 

2. The value of cryptocurrencies is highly volatile and depends on many factors.  Thus, you can lose all your invested capital at any time or become a millionaire in a short period of time. 

3. The cryptocurrency industry is full of fraudsters who are just waiting to scam your funds. Attempts to get into your assets can include: hacking into your computer and trying to get passwords, or sending infected files/links aimed at wiping out your wallet. However, that’s not all. Cryptocurrency scammers can call you and install malware on your phone while using it, manipulating the conversation with you. In this context, it is also worth mentioning the all-too-familiar phishing. 

4. Projects and cryptocurrencies that turn out to be scams. We are talking here about concepts that offer you the highest possible earnings in a short period of time, at a low investment cost. In fact, the purpose of such activities is nothing more than to defraud you of your funds. 

5. Lack of adequate security for your cryptocurrency wallet. Cybercriminals are keen to gain access to your password. They will use spyware or malware tools to do so. This is why it is so often said and warned not to share your seed with third parties under any circumstances, and to keep it in a safe place. 

These are just some of the dangers that await you. However – don’t be discouraged.  Following a few basic rules will allow you to invest safely in cryptocurrency. 

Rules for investing 

As we have already mentioned, both types of threats – email and telephone – can be efficiently minimized. All you need to do is follow the points below:

1. As far as you are financially able, try to have a separate piece of equipment that you use exclusively for investing and logging into your stock market accounts or wallet. You will then avoid accessing suspicious sites, opening equally suspicious links and maximizing your security. 

2. Use SMS verification to log in to your accounts. 

3. In addition to SMS verification, make sure you also have a two-factor login (2FA). This is said to be almost a necessity in the world of cryptocurrencies.  You can use a simple tool like Google Authenticator for this. 

4. Ensure that your passwords are secure. Ideally, they should be different to what you normally use. For this, mix them up with numbers, capital letters and special characters. 

5. Definitely invest in good antivirus software on your phone and computer. On an annual basis, it’s a small cost that will only benefit you. Remember, it is better to spend a few zlotys on security than to lose tens of thousands later. 

6. When creating your accounts on exchanges or investing in projects, read the regulations carefully. Not everyone will provide you with a refund after hacking attacks. 

7. You know from previous lessons that we have several types of cryptocurrency wallets. You also remember that a hardware wallet has its own key. Do not, under any circumstances, share it with third parties. Treat it as your holy grail. Only you know it and have access to it. 

8. What else concerns hardware wallets – only buy them from recommended and trusted providers that offer the greatest possible security. Read reviews or watch a few YouTube videos describing them before making a purchase. 

9. When making any transaction, always check the address carefully. Remember that it is irreversible, so in the event of any mistake – you lose the funds sent.

10. Pay particular attention to emails. If an e-mail seems suspicious to you – do not open it. Move it to the recycle bin straight away. Why tempt fate. 

11. The stock market is not your main place to store assets. That’s what portfolios are for. You know how to keep them safe from the previous sections.

12. Regularly update the software on your hardware that you use for trading. We also recommend that you encrypt your disk and make backups. 

13. In all your operations, in any way related to cryptocurrencies, apply the principle of limited trust. If you are not sure about something – ask. There are many portals, online groups who will be happy to help and clear your doubts. 

14. Always invest only as much as you can lose in digital assets. Don’t take out loans or invest all your savings. As we said before – the crypto industry is very volatile. 

15. Regulation. As you know, the digital industry and everything related to it is not completely regulated. Constantly changing rules and regulations, can be problematic for some. Therefore, it is worthwhile to follow the news and keep up to date with this topic. 


There is absolutely nothing wrong with investing in cryptocurrencies. Fact is, they carry a little more risk than the traditional financial system, but if approached sensibly and with your head – everything can be minimized. Cryptocurrencies have been governed by their own rules since their inception. Follow our advice, and it will certainly make investing easier and more fun at the same time.

Explore the world of cryptocurrencies with Kanga Exchange