If you haven’t tried crypto yet, here’s why you should:
1) More private and secure than Zelle or Venmo
2) Option to hedge against inflation if you buy something like ETH or BTC (not financial advice)
3) Earn ~4%+ interest on USDC stablecoin balance in coinbase (as of September 2025)
Easy Mode: Centralized Exchange
The simplest way to start. Use a trusted exchange to buy and hold crypto.
- Create an account on a trusted exchange:
- Buy USDC: Search “USDC” in the app. Deposit $20 from your bank—the app handles the conversion. USDC is a stablecoin pegged to $1 USD.
- Send money: Once funded, send a test transaction (even 5 cents!) to any crypto address for free.
- Receive money: Tap “receive” on the USDC page to get your wallet address. Share it to receive crypto (comment below with yours for a test transaction).
- Optional: Buy $10 of ETH or BTC to track price movements over time.
Intermediate Mode: Self-Custody Hot Wallet
Control your own crypto with a software wallet. Best for amounts under $100—use hardware wallets for larger sums.
- Prepare seed phrase storage: You’ll receive a 12-24 word recovery phrase. Never store this digitally or share it. Write it on paper or use a metal seed storage ($12 on Amazon).
- Install wallet: Download MetaMask or Rabby Wallet as a browser extension or mobile app. Select “Create new wallet.”
- Record seed phrase: Write down your seed phrase immediately when shown. This one-time display is your only backup if you lose access.
- Get your address: Click the copy icon near your wallet name to share your public address for receiving crypto.
- Explore Layer 2: Learn about Base chain and other Ethereum Layer 2 networks for lower fees.
Expert Mode: Hardware Wallet
Maximum security for significant holdings. Requires physical device confirmation for all transactions.
- Buy hardware wallet: Purchase directly from Trezor or Ledger (never from resellers). Start with models under $100.
- Get steel backup: Buy a steel seed phrase wallet for fire/water-resistant backup.
- Setup safely: Download wallet software only from the official manufacturer website. Follow setup to generate and record your seed phrase in steel.
- Secure storage: Keep hardware wallet and seed backup in separate secure locations.
Feel free to comment with questions.
