We’ve recently seen a rise in the number of websites using lookalike domains such as transak.info or transak.it, falsely claiming to be associated with Transak. These domains are not affiliated with us and may be used to mislead users or impersonate our brand.

“Freebies” are often misused to scam people, and in the crypto space, airdrops serve as a similar tactic for scammers to steal assets by exploiting the victim's wallet address.

When you set up a cryptocurrency wallet, you’re often presented with a list of 12, 18, or 24 random words, commonly referred to as a “seed phrase” or “mnemonic phrase”. The wallet interface strongly advises you to note down these words and keep them safe, as they are crucial for securing your funds.

Decentralized finance has many similarities to traditional finance. Both share a similar value exchange medium, i.e., a “currency”, and both share a similar currency storage mechanism, i.e., a “wallet”.

The adage "not your keys, not your coins" has long served as a guiding principle for self-custody and financial sovereignty. However, the traditional method of achieving this, through the use of seed phrases, has become increasingly fraught with risk.

How much simpler the world would be if there were just one blockchain for all things Web3.

At the time of writing, there are over 100 stablecoins. In the top 10 cryptocurrencies by market cap alone, two positions are occupied by stablecoins, and five positions in the top 50.

Crypto mixers allow users to complete cryptocurrency transactions while preserving their privacy.

Congratulations! You learned what cryptocurrencies are and are on your way to taking the first step into decentralized finance — getting a crypto wallet.

How many times have you approved a cryptocurrency transaction without fully understanding the details?