Cryptocurrency Blog

Coinstop's Blockchain and Cryptocurrency Blog
The Ultimate Guide To Protecting Your Recovery Phrase

The Ultimate Guide To Protecting Your Recovery Phrase

A recovery phrase, or seed phrase, is the 12/18/24 words generated by your hardware wallet during the initial setup process. It is used to encrypt ...
Decentralised Exchanges: Are They Safe To Use?

Decentralised Exchanges: Are They Safe To Use?

By now we are sure you know how Coinstop feels about storing your cryptocurrency on an exchange. When you store your assets on an exchange you are ...
Trezor Adds MoonPay To Enable Cryptocurrency-Based Transactions

Trezor Adds MoonPay To Enable Cryptocurrency-Based Transactions

Exciting news for Trezor owners: Trezor has partnered with MoonPay to allow customers to purchase cryptocurrency directly within their hardware wal...
What is The Difference Between Your Private Key and Recovery Phrase?

What is The Difference Between Your Private Key and Recovery Phrase?

Blockchain technology might seem super futuristic and hard to understand, and whilst that may be true to some extent, there are some basic concepts...
How Can You Secure Your NFTs?

How Can You Secure Your NFTs?

If you are investing your hard-earned money on NFTs, you really shouldn’t take their security lightly. But exactly how should you safeguard your NF...
Crypto Bridges: Are They Worth The Risk?

Crypto Bridges: Are They Worth The Risk?

We need to chat about the dangers of Crypto Bridges. According to figures from blockchain analytics firm Chainalysis, a total of around $1.4 billio...
How To Manage Your NFTs with the Ledger Nano S +

How To Manage Your NFTs with the Ledger Nano S +

Fan of NFTs? Well then, you’ll LOVE the latest product to hit the Coinstop store: the Ledger Nano S Plus. The Ledger Nano S Plus takes the iconic L...
5 Tips For A Crypto Bear Market

5 Tips For A Crypto Bear Market

One thing is for certain: the crypto market is always changing! In 2021, Bitcoin reached an all-time high of over $90,000 AUD, which saw an influx ...
What is Sim Swapping and How Can You Avoid It?

What is Sim Swapping and How Can You Avoid It?

Recently the FBI warned about a big increase in scams using smartphone SIM swapping to defraud victims. A SIM swap attack happens when a hacker has...
Ledger Nano X vs Ledger Nano S Plus

Ledger Nano X vs Ledger Nano S Plus

Ledger has long since established itself as a global leader in hardware wallet security, developing some of the world's most secure devices such as...
Top 5 Crypto Tips for Tax Time

Top 5 Crypto Tips for Tax Time

It’s no secret that the Australian Taxation Office (ATO) is cracking down on crypto traders, so we’ve put this list of handy tips together so you c...
How to Check If Your Ledger Recovery Phrase Is Correct

How to Check If Your Ledger Recovery Phrase Is Correct

In the age of cryptographic blockchain replacing physical bank vaults, security measures have also been decentralized, and placed into the hands of...