New to Coinbase? Congratulations! Now, be safe...

Being relatively new to the world of cryptocurrency (I've only been looking into this stuff for about a year now), I can relate to the noob experience of trading crypto - no judgement here! There are some things you should do to keep your funds as safe as possible. Sometimes all the security steps can be a little intimidating.

One of the best ways to keep your funds safe is with a hardware wallet, like a Trezor or Ledger Nano S. This probably isn't necessary if you only have a few hundred dollars invested, but what about keeping your exchange accounts safe? These should be protected, no matter what!

Coinbase is becoming an extremely popular app. They are warning their many new clients that the best way to protect themselves from account hacking is with two-factor authentication (also called two-step verification). For a detailed break-down and step-by-step instructions on how to set this up, go to this link.

Two-step verification protects you from SMS hacks. Basically, what a sophisticated hacker could do is port your SMS number to be under their control and then hi-jack your account, spending potentially thousands of dollars on your connected accounts and draining any funds left in the account (again, store your funds elsewhere, like a hardware wallet).

It takes about 5 minutes to set up by going to your Google account in your browser and installing the Google authenticator app on your phone. It really is worth the couple minutes of hassle to protect your funds!

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