Coming soon to the USA! While our services may not be available yet, sign up now to stay in the loop as we bring our innovative crypto solutions to America.

Protect your crypto

November 12, 2021
CoinJar
AuthorCoinJar
Protect your crypto

How to protect yourself from scams – and how CoinJar can help.

It’s and CoinJar is an official partner. While scams are a dangerous and growing part of the crypto landscape, there are a few basic ways that you can help protect yourself. (And a few things that CoinJar does to help out too).

4 simple ways to stay safe

  1. Create strong passwords: you’ve probably seen this one again and again, but it bears repeating. The strongest foundation for your own protection is to use long, diverse and complex passwords. We recommend using a password generator/manager like 1Password, or else Chrome and Safari both have in-built password managers that make the process a whole lot easier.
  2. Use two-factor authentication: it’s increasingly common for apps to offer two-factor authentication (2FA) as an extra-layer of protection on top of your password. Our advice: take that offer. CoinJar provides automatic (think Google Authenticator) 2FA on account logins, while our app offers a biometric security feature such as FaceID/TouchID when you open the app or try to send large amounts of crypto.
  3. Keep your software up-to-date: older software is easier for hackers to break into. Setup auto-updates on your computer and phone and always keep your browser updated to the latest version.
  4. Be suspicious: always remember that you don’t know who’s actually on the other side of the screen. Don’t send crypto or account details to someone you don’t know and if it sounds too good to be true, it definitely is.

How CoinJar looks after your coins

CoinJar has a full-time team dedicated to protecting your funds. Here are some of the ways we’re trying to beat the scammers.

  • Active transaction monitoring: CoinJar uses continuously updated lists of suspicious and malicious wallets to prevent funds being sent to known scammers. If a customer tries to send crypto to an address on the list, we’ll pause it while we work out where it’s actually going and why.
  • Anti-phishing: any time you login to CoinJar from a new browser we’ll send an email to you asking you to confirm. It’s an extra layer of protection in case scammers get hold of your password. (Also a reminder to always make sure you’re logging into – and not a scam website that looks like it).
  • Ask CoinJar: If in doubt, . We’re constantly monitoring suspicious wallets and websites and can help you work out whether something is a scam or not.

Check out our dedicated article on for more info.


On/Offchain

Your weekly dose of crypto news & opinion.

Join more than 150,000 subscribers to CoinJar's crypto newsletter.

Your information is handled in accordance with CoinJar’s .

More from CoinJar Blog

Opinion

July 2, 2025If Shakespeare was alive today, he'd be the perfect person to write a comedy about crypto.  Story One One digital identity isn't enough  Perhaps the question we should ask...
Opinion

June 18, 2025I ask myself as I follow the crypto news. It seems we’re not really chasing the idea of providing an alternative to current systems, but rather embracing them, such as a certain...
Opinion

June 5, 2025Story One A hack with a twist On May 22nd, the leading DEX on the SUI blockchain tweeted that it had detected an incident leading to the loss of $223 million in user funds....
CoinJar
Company
Support
Legal
Crypto on CoinJar
App storeApp store

Your information is handled in accordance with CoinJar’s .

Copyright © 2023 CoinJar, Inc. All rights reserved. The products and features displayed on this website are representative of our Australian and UK services and certain features may not be offered to customers residing in the United States, depending on applicable state and federal regulations.

Google Pay is a trademark of Google LLC. Apple Pay and Apple Watch are trademarks of Apple Inc.

This site is protected by reCAPTCHA and the and apply.

CoinJar logo
CoinJarGet the app.
Install app