5 Common Crypto Mistakes Beginners Make (And How to Avoid Them)

What This Mistake Looks Like

Your seed phrase is a list of 12 or 24 random words which acts as the master key to your crypto wallet.

Whenever you set up a new crypto wallet, the app will show you these words and tell you to write them down. Now here at this point most beginners think, "I will do it later" or "I will just screenshot it."

And then life gets busy and it just slips out of mind. Phones get lost. Screenshots get deleted. And suddenly, when you try to access your wallet you are not able to access it anymore.

Real Example: James from Oakland bought $2,000 worth of Bitcoin in 2023. He stored it in his wallet as suggested by his friend but never wrote down his seed phrase.

After six months, accidentally his phone fell in water and stopped working. 

He recovered everything on his new phone, now he was trying to recover his wallet on the new phone, but as soon as the screen occurred to enter the seed phrase he realized that he forgot to write that down, and then he understood that he had no way to access it now.

His $2000 (Which was grown to around $2800) was not accessible anymore by anyone. No customer service could help him. His money was permanently locked inside that wallet because he had lost they key to open that and the lock is unbreakable and opens only if the key (seed phrase) is entered

Why This Happens

Beginners think that crypto wallets also work exactly like bank accounts but no, crypto wallets work fundamentally different from bank accounts.

With banks you can call customer support to reset your password by verifying identity, or you can visit the branch with your ID and regain access.

But in the case of Crypto Wallets, there is no customer support that can help you in recovering your seed phrases. Because if customer support knows your seed phrase then what is the meaning of self custody.

So you have to keep in mind that If you ever lose your seed phrase, nobody in the world can recover your funds. Not the wallet company. Not the police. Not any technical expert. Nobody.​

This is not a design flaw. It is actually a security feature for your finances. Your seed phrase proves you own the wallet without needing any company to verify your identity. But this also means you are 100% responsible for keeping it safe. In simple terms we can say that you are your own bank if you are using self custody wallet

How to Avoid This Common Crypto Mistake

Step 1: Write It Down Immediately

Whenever you are creating a new wallet, keep a pen and paper with you. As soon as you have verified your email and entered your password. The app will show your seed phrase.

Note down your seed phrase on paper as it is shown. Write each word number wise properly. And create 4-5 copies by writing them down. Do it at the same time immediately. Not tomorrow. Not later tonight. Right now, before you do anything else.

Step 2: Create Multiple Backups

Write your seed phrase on multiple separate pieces of paper. Now store one or two copies at your home in a safe place which you can access. Give one copy to a trusted family member. And keep 1 copy in a bank locker if you have access to one.

Step 3: Never Store It Digitally

If you think you are smart and instead of storing in a physical form you will store it digitally. Then dear reader, you are definitely smart but hackers are much smarter.

Now here are some options where you store digitally. Screenshots, photos, notes apps, password managers, email drafts, cloud storage, etc. But like you hackers are also smart and they also know these locations and that is why they target specifically these locations.

Step 4: Test Your Backup

This step is crucial and many people skip it. Once you have written down your seed phrase it is essential to test that it actually works or not.

To do this. Delete your wallet app or install any other non custodial wallet app (self custody wallet). Now click on the restore account and enter your seed phrase as written.

This step will confirm that the seed phrase which you have written is correct and you can rely on that if you ever lost or damage your phone.

In this step many people discover that they wrote down the wrong word or wrote it a bit wrong.

Suggestion: Instead of deleting your wallet app we suggest you install a new app and recover on that app. So if you have written your recovery phrase wrong then you can easily access it from the original wallet.

Step 5: Add Context (But Not Too Much)

You can label your seed phrase paper with something like "Crypto Wallet Backup" so your family knows what it is if something happens to you.

But do not write your wallet password on the same paper. Keep those separate for security.

What to Do If You Already Made This Mistake

Now many of you have made this mistake. So what to do now. If you still have access to your current wallet or in which wallet you set up, stop reading this article and go to your wallet setting instantly.

Look for options named "Show Seed Phrase," "Backup Wallet," or "Recovery Phrase." And note down your seed phrase immediately using the steps above

And unfortunately you have lost access to your wallet and you did not wrote down your seed phrase, then we are sorry to say but there is no recovery option. Your crypto is now not accessible by anyone

Oppi Wallet Security: When you set up your Oppi Wallet, the app requires you to confirm your seed phrase during the setup process. You cannot proceed further until you prove that you wrote it down correctly.

This extra verification step ensures that you actually have a working backup before adding any crypto to your wallet.

If you are still looking out for a crypto wallet and have not confirmed which one will be better for you. Then you must read this guide on How to choose a crypto wallet. This is an expert guide written with the help of crypto experts from the industry having more than 8+ years of experience

What This Mistake Looks Like

Crypto addresses are a random string of mixture of letters and numbers for example: "1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa" for Bitcoin or "0x742d35Cc6634C0532925a3b844Bc9e7595f0bEb" for Ethereum.

These addresses are long, very confusing and very easy to mistype. What every person does is whenever they want to send crypto, they will copy the address and paste it in their wallet.

They think that they have done direct copy and paste so there will be no problem in this. But what if it is not copied properly, or mistakenly in hurry you remove or add extra characters.

Then your crypto goes to the wrong person or is lost completely. And as we said that the fundamentals in crypto wallets are not like banks, where you can contact the bank and cancel your transfer.

Here you will not be able to either cancel or reverse the transaction once it is confirmed on the blockchain.

Real Example: Sarah, one of our users wanted to send $500 worth of USDT to her freelance worker in Bangalore. The guy sent the address via WhatsApp.

Sarah copied the address, but accidentally she copied an old address from a previous freelancer thinking of the current freelancer. 

She didn’t check twice and sent the crypto. Within 30 seconds, the transaction was confirmed on the blockchain. Her $500 was gone to someone else's wallet. And there was no "undo" button.

No customer service to contact. The money was simply gone. Though the other guy was nice and he returned the money to sarah and then she paid to the correct person

Why This Is One of the Most Common Crypto Wallet Mistakes

This mistake happens for several reasons which combines up and create a perfect storm:

Copy-Paste Malware: Some hackers create a type of malware which does not harm your computer or mobile from which you think that your devices are safe.

But when you copy a crypto address. This malware changes the address to the hackers address without you realizing it.

Similar-Looking Addresses: Hackers create addresses which are almost identical to legit ones. Where they change just a few characters in the middle which most people do not check carefully. They do this with Copy-Paste Malware so you cannot catch it.

Rushing: During the time of price movements or when they want to send crypto to someone urgently many people do not even verify the address and chain they are choosing are correct or not.

Wrong Network: Many new users make this mistake by sending Bitcoin to an Ethereum address or sending Ethereum tokens on the wrong network (like sending ERC-20 tokens to a BEP-20 address) which causes permanent loss.

How to Avoid Sending Crypto to Wrong Addresses

To avoid this you can follow this prevention checklist every single time you send crypto:

Prevention Checklist:

✓ Always verify the first 4 and last 4 characters of the address after pasting
✓ Send a small test transaction first ($5-10) before sending large amounts
✓ Use QR code scanner instead of copy-paste when possible (this eliminates clipboard malware risk)
✓ Enable address whitelisting in your wallet to save and label trusted addresses
✓ Triple-check that you are using the correct blockchain network
✓ Scan your phone and computer for malware regularly using antivirus softwares

The "Test Transaction" Rule

This is the single most important rule: with the help of this you can avoid this crypto mistake. When sending crypto for the first time to any address, always split it into two transactions:

1. First transaction: Send only $10 as a test

2. Wait for confirmation: Give it 5-10 minutes to confirm on the blockchain

3. Verify receipt: Ask the recipient to confirm they received it

4. Second transaction: Send the remaining amount

Yes, with this method you pay network fees twice. But it is better to spend an extra $2-5 in fees to prevent losing $500 or $5,000 to a wrong address. You can think of the test transaction as an affordable insurance for your crypto.

Use the Address Book Feature:

Most modern wallets let you save frequently used addresses with custom labels. Instead of "0x742d35Cc..." you save it as "Mom's Wallet" or "Binance Deposit." This eliminates the risk of using wrong addresses for repeated transactions.

What to Do If You Sent Crypto to the Wrong Address

Unfortunately, blockchain transactions are irreversible by design. Once confirmed, they are permanent. However, you have a few very limited options:

If you sent it to your own different wallet: You can access it using that wallet's private keys or seed phrase. Check all your wallets to see if you accidentally sent it to another one you own.

If you sent it to a friend's wrong address: If the wrong address still belongs to someone you know, they might have access to it and can send it back to you.

If you sent it to a complete stranger: The money is permanently gone. There is no recovery method.

If you sent on the wrong network: Sometimes specialized services can help recover cross-chain errors, but success rates are low and services charge high fees.

This is why the prevention steps above are absolutely critical. You cannot fix this mistake after it happens.

What This Mistake Looks Like

Everyone buys their crypto from exchanges like Binance, Coinbase etc. Whether you are a beginner or intermediate or even an expert trader. Though expert people also use buy and sell features of crypto wallets, but to get more volatility they use exchanges.

But what shows the difference between an expert trader and beginner is where they keep their crypto. Because a beginner will always keep their crypto on exchanges and an expert trader will keep on self custody wallets where they hold their keys.

But do you know why beginners keep their crypto on exchanges.The main reason behind this is proper knowledge as beginners are not much aware about self custody plus they do not get proper guidance as some so called mentors show wrong wallets to them and they blindly trust that guy.

And for that reason we have created a guide on difference between exchanges vs wallets and what you should choose. It is an easy to understand language so a beginner can easily understand each and everything.

We must recommend you to read this guide so you can know the difference between both, where to keep your coins and when to use which platform.

And the other reasons why beginners blindly trust exchange are that they feel convenient and safe because they think exchange will hold their crypto properly. Beginners can also see their balance, trade easily and check prices anytime.

But here is a harsh reality for our beginner friends who are reading this: the crypto which you have bought from your hard earned money is not truly yours if your crypto is stored on an exchange.

Why? Because if your crypto sits on exchange you do not own it. Instead the exchange owns it. And if exchange gets hacked, goes bankrupt, or freezes your account, you can lose everything.

Real Example: In November 2022, FTX at that time which was one of the world's biggest and most trusted crypto exchanges. It had celebrity endorsements. It sponsored major sports and esports teams.

Millions of people were trusting blindly and storing their crypto there, believing it was completely safe.

Within just 72 hours, FTX collapsed and filed for bankruptcy. Users lost access to over $8 billion. 

And many of the customers still have not recovered their funds years later. Some will never recover anything.​

This was not just a single incident which happened with a crypto exchange. It has happened dozens of times before and will happen again. Mt. Gox, QuadrigaCX, Celsius, Voyager, and many other exchanges have collapsed, taking user funds with them.

Why This Is a Critical Crypto Mistake

Exchanges are attractive targets for hackers because they hold enormous amounts of crypto in centralized wallets. It is like robbing one bank instead of thousands of individual houses.

Even major, reputable exchanges get hacked. In the past five years, there have been many exchanges which have been hacked or shut down suddenly.​

Additionally, exchanges can legally:

• Freeze your account without warning or explanation

• Require extensive KYC verification before allowing withdrawals

• Limit how much you can withdraw per day (even if it is your money)

• Go offline during high trading volumes precisely when you need access most

• Change their terms of service to restrict withdrawals

When you keep crypto on an exchange, you are essentially giving them an IOU. They promise to give you crypto when you ask. But that promise can break.

How to Avoid This Mistake

You have to follow the golden rule of crypto “Not your keys, not your crypto”. The meaning of this phrase is move your crypto to a self custody wallet where you can control your private keys

Best Practice:

Do not keep all your crypto in one place. Instead use this strategy:

• On Exchange: Only keep the amount you plan to trade this week (10-20% of total holdings)

• In Self-Custody Wallet: Keep your long-term holdings and savings here (80-90% of total holdings)

Step-by-Step Withdrawal Process:

Moving crypto from an exchange to your own wallet is simple:

1. Set up a self-custody crypto wallet like Oppi Wallet

2. Find your wallet's receiving address (usually under "Receive" or a QR code)

3. Copy your wallet address carefully

4. On the exchange, go to the Withdraw or Send section

5. Enter your wallet address and the amount you want to withdraw

6. Complete security verification (2FA code from authenticator app)

7. Confirm the withdrawal

8. Wait for the transaction to confirm on the blockchain (typically 10-30 minutes)

Do this at least once per month. Do not let large amounts accumulate on exchanges.

What to Do If Your Exchange Gets Hacked or Freezes

If you discover that your exchange is having problems:

These are some immediate actions you have to take up:

• Do not panic sell everything in a rush

• Check official announcements from the exchange on their website and social media

• Screenshot your account balance and transaction history as proof

• Attempt to withdraw if withdrawals are still functioning

Follow-Up Actions:

• File a claim if the exchange announces a recovery or bankruptcy process

• Report the incident to local financial authorities and cybercrime divisions

• Join official user groups to stay informed about recovery efforts

• Learn from this experience and move to self-custody immediately

Why Oppi Wallet Solves This: As till now you may be knowing that Oppi Wallet is a self-custody solution where you are the owner of your private keys completely.

Which means that even if Oppi Wallet servers go offline tomorrow, then also your crypto will remain 100% accessible to you because your keys are stored securely on your own device and not on company servers.

Nobody can freeze your account and nobody can prevent withdrawals which means that you complete control.

If you want to know more about Oppi Wallet and are interested to start with Oppi Wallet. Then we have created a getting started with Oppi Wallet guide for you so you can easily start with us

What This Mistake Looks Like

Nowadays due to hacks exchanges have increased their security measures and because of this hackers are facing some problems.

Now to avoid this problems what hackers do is that they create crypto scams. For example a fake investment opportunities by promising double your bitcoin in 30 days.

Or they will create phishing website or app which exactly looks like real login page of your wallet.

Another way is that they will create fake customer support contacts on telegram and ask for your seed phrase.

Some are also running romance scams in which they will talk with you and gain your trust over months and at last they will ask you to invest in some fake platforms.

Beginners are losing around millions every year to these scams because they will look incredibly convincing. And these are some examples, there are more types of scams which are still unknown but scammers are using. So be aware and be safe.

Real Example: This incident is around 6 months back where a girl named Priya from Delhi, India received a message on Telegram from an account named "Oppi Wallet Official Support." The profile picture was the Oppi Wallet logo. 

The username looked official. The scammers said to priya that there was a suspicious login attempt on her account and she needed to "verify" her seed phrase to secure her wallet. 

They typed messages creating urgency by using this phrase: "Your account will be locked in 24 hours if you do not verify." 

Obviously Priya panicked. Because the message looked legitimate. And because she was a beginner and there is not much awareness related to self custody she shared her 12-word seed phrase with the scammer.

Within five minutes, her entire wallet was emptied. She lost around $1,308 worth of crypto. And then the "support" account immediately blocked her and disappeared.

The scammer was not from Oppi. Instead they were criminals which were using social engineering. But Priya did not know that legitimate wallet companies never ask for seed phrases under any circumstances.

Common Types of Crypto Scams

1. Fake Giveaways

You will always see some tweets or posts saying that “Elon Musk is giving away Bitcoin! Send 0.5 BTC to this address, get 1 BTC back!” or “We are celebrating 1 million users by doubling all deposits for 24 hours!”.

No real company will ever post or advertise saying send us crypto first with a promise to send more crypto back.

If anyone asks you to send crypto and promises to return the double of that then it is a scam. Be aware!

2. Phishing Websites

Scammers create a look alike of the real wallet website. The difference is only that their URL is slightly different

For example, our original website URL is this www.oppiwallet.com/en but scammers URL will be like this www.opiwallet.com/en or www.oppiwalet.com/en 

Now if you visit fake website instead of original one and you enter your password or seed phrase, they will also get access to it and steal it instantly.

That is why always check URLs properly before entering any sensitive information

3. Fake Customer Support

Always remember that any wallet company will never ask for your seed phrase, password or your private keys.

So if someone claims that they are from the support team and asks for any of these, it is a scam.

Because as I said real companies never ask for these things, legit support team can see your public transaction history but they never needs your private credentials. Even they cannot help you open you account if you lose seed phrase. They can help when you are having problems in platform features

4. Investment and Staking Scams

"Guaranteed 50% monthly returns!" "Daily profits with zero risk!" "AI trading bot that never loses!”. Do remember this quote that “high rewards comes with higher risks”.

Now the meaning of this is simple. Most crypto scams uses a “ponzi” structure in which they pay to early users but with the money from new users but soon their money dries up or they stop giving profits to everyone once they reach their target and within 6-12 months they collapse which results in huge losses of users.

5. Romance Scams

Nowadays as dating culture is on boom, scammers take huge advantage of this. They create fake dating profiles and spend weeks or months building trust and emotional connections with the target. Once they confirm that the target is captured they introduce crypto investment opportunities or ask for any financial help.

This is a long term scam in which the target is exploited in both money and emotional vulnerability.

How to Avoid the Biggest Crypto Mistakes Related to Scams

Scam Prevention Checklist:

✓ Never, ever share your seed phrase with anyone for any reason (not even "so called support team")
✓ Always verify website URLs character by character before entering passwords (even check .com, .in, .ai TLDs)
✓ Download wallet apps only from official app stores (Apple App Store, Google Play)
✓ Ignore unsolicited investment advice on social media, WhatsApp, or Telegram
✓ Remember: No legitimate service requires you to send crypto first
✓ Enable 2FA (two-factor authentication) on all accounts
✓ Be suspicious of urgent messages that pressure you to act immediately
✓ If something sounds with high rewards then do remember it also has higher risks

The "Trust No One" Verification Rule:

In crypto, you have to assume that everyone is trying to scam you until independently verified by you. This sounds harsh, but it is to protect your finances and financial freedom. Verify each and everything:

• Check official websites by typing URLs manually (do not click links in messages)

• Ask questions in official community channels (not DMs)

• Take time in making decisions (because scammers create urgency to prevent thinking)

• Research investment opportunities on independent review sites

• Never make financial decisions based on DM conversations

What to Do If You Fall for a Scam

If you realize that you have been scammed, act immediately:

Within Minutes:

1. Stop all communication with the scammer immediately (block them)

2. If you shared your seed phrase, create a new wallet RIGHT NOW and transfer any remaining funds

3. Change passwords on any exchanges or services where you used the same password

Within Hours:

1. Report the scam to local authorities and cybercrime divisions

2. Report on the platform where contact happened (Telegram, WhatsApp, etc.)

3. Warn others in crypto communities about the specific scam with details

Moving Forward:

1. Accept the financial loss (do not try to "get it back" through recovery scams, which are also fake)

2. Learn from the experience and implement better security practices

3. Consider sharing your story anonymously to help educate other beginners

What This Mistake Looks Like

It is obvious that every crypto transaction requires a network fee which is also known as gas fee, network fees, miner fees, validator fees, processing costs or blockchain fees.

But beginners make this mistake that they send crypto without checking fees first and then they end up shocked by the costs charged. Sending $50 worth of crypto but the fee is $30 which totals $80. Or Trying to send crypto during peak hours when fees are 5-10 times higher than usual

Real Example: David, one of our interns in the marketing team, started using crypto recently. As soon as he knew about our virtual crypto card feature he thought to give it a try. He sent around $100 worth of Ethereum from the exchange to our Wallet but he did not check the gas fees at that time. Once the transaction was completed he looked at his balance in exchange which he kept for trading that instead of $100 he had paid $142. He checked in wallet but their was $100 and after that he realized that he paid $42 in gas fee which totalled to $142. 

After this incident he had a chat with our senior member and he suggested that always ignore peak hours which are weekdays and if you want to do it on weekdays then try to do it at midnight otherwise if you can wait then weekend is the best.

After 5 month of this incident david applied the same technique and this time he paid $100 worth of ethereum at gas feed of only $8

Why Beginners Make This Crypto Mistake

Most wallet apps display transfer fees in crypto terms like "0.0015 ETH" instead of dollars. And here is where beginners confuse because the do not do immediate calculations that how much is the real cost.

And by the time they realize actual cost transaction is already confirmed and irreversible

Moreover, network fees keep changing constantly based on blockchain congestion(many users trading or sending or performing other activities at same time). So when many people are sending transactions at same time it is obvious that fees will increase dramatically.

Therefore everyone should go with Weekend mornings because they have much lower fees than weekday evenings when trading activity peaks.​

Also different blockchains have different fee structures. Here is a table for you to understand it better:

How to Avoid Expensive Network Fees

Fee-Saving Strategies:

✓ Always check current network fees before sending (use websites like Etherscan Gas Tracker for Ethereum)
✓ Send crypto during off-peak hours (weekends, early mornings, typically 2 AM - 8 AM local time)
✓ Use Layer 2 networks or faster blockchains for smaller transactions (Polygon, Arbitrum, Solana)
✓ Batch multiple small transactions into one larger transaction when possible
✓ Consider using stablecoins on cheaper networks for payments
✓ Set custom gas fees if your wallet allows (lower priority = lower fees but slower confirmation)

When Paying Higher Fees Makes Sense:

Sometimes paying higher fees is actually the smart choice:

• Urgent transactions: When you need fast confirmation for time-sensitive opportunities

• Large amounts: Paying $15 fee on a $10,000 transfer is only 0.15%, which is acceptable

• Important payments: Missing a payment deadline might cost more than the fee savings

Understanding Fee Tiers:

Most wallets offer fee options:

• Slow/Low: Cheapest but might take hours to confirm

• Standard/Medium: Balanced speed and cost

• Fast/High: Most expensive but confirms in minutes

For non-urgent transactions, always choose slow/low.

Nowadays technology is moving faster than we think, because at some point people were using giftcards to spend their crypto but like people say technology cannot stop at one point.

Crypto Cards were launched which was a better alternative to gift cards. 

The question is why virtual crypto cards are better than gift cards? Because for gift cards you have to go on a third party website and enter your payment details so you can pay via crypto. This process was very time consuming and security concerns.

Time consuming because you have to find websites from where you can get gift cards, then find proper value though some gift card websites were providing card on amount you entered but still you have to add your details and which can get leak if the hack is attempted

And that is why the evolution of crypto cards was done. This is the same like your credit card but instead of cash it will spend your crypto.

Various companies provide virtual crypto cards. One of them is Oppi Wallet.

With Oppi Wallet Virtual Crypto Card you can literally spend crypto anywhere mastercard is accepted in this world.

And just like virtual card, Oppi Wallet also provides physical crypto cards at a minimal fee. Which you can spend anywhere in the world where VISA is accepted.

And the main benefit. You can not only use this card for shopping. You can spend at restaurants, you can book flights and hotels, you can buy your subscriptions like netflix, apple pay, spotify etc.

So what would you choose, a gift card which only works at a specific platform or merchant. Or a Virtual Crypto Card / Physical Crypto Card which works everywhere mastercard or VISA is accepted

Instead of sending crypto and paying network fees repeatedly for everyday purchases, consider using a virtual crypto card. Here is how it works:

1. You load crypto onto your virtual card once (paying network fees one time)

2. The crypto converts to card balance in dollars

3. You spend from the card balance multiple times without additional network fees

4. Merchants see it as a regular Mastercard transaction

This strategy is perfect for subscriptions, online shopping and regular expenses. Because with this approach you avoid spending $5-$40 in network fees every time you want to spend on something.

Many Oppi Wallet users load their card once in a month or once in two month by properly calculating their expenses of subscriptions and daily groceries from this smart trick they save their hundreds of dollars annually in network fees

Use this comprehensive checklist every time you handle crypto to avoid the most common crypto mistakes:

Before You Buy Crypto:

•  Only invest money you can afford to lose completely

•  Research the specific cryptocurrency thoroughly

•  Verify you are on the official exchange website (check URL carefully)

•  Enable 2FA on your exchange account before depositing money

When Setting Up Your Wallet:

•  Download wallet app only from official app store (never from links)

•  Write down seed phrase on paper immediately (never digitally)

•  Store seed phrase in two separate secure physical locations

•  Test wallet recovery with your written seed phrase before adding funds

•  Set up biometric authentication (fingerprint or Face ID)

•  Enable 2FA if the wallet supports it

Before Sending Crypto:

•  Verify recipient address (manually check first 4 and last 4 characters)

•  Confirm correct blockchain network (BTC, ETH, BSC, etc.)

•  Check current network fees and consider waiting if too high

•  Send small test transaction first for any new address ($5-10)

•  Double-check the amount you are sending

For Ongoing Security:

•  Never share your seed phrase with anyone for any reason

•  Move most crypto off exchanges to self-custody wallet within 24 hours

•  Ignore all unsolicited investment advice and "support" messages

•  Keep wallet app updated to latest version always

•  Review your wallet security settings monthly

•  Use address book feature to save frequently used addresses

•  Schedule regular backups and backup verification tests

Download this checklist on your phone or print it out. Most common crypto wallet mistakes happen because people skip these basic steps due to rushing or overconfidence. Following this checklist eliminates 90% of beginner mistakes.

The five crypto mistakes covered in this guide cost beginners billions of dollars every single year. Lost seed phrases mean permanent loss of funds. Wrong addresses make money disappear forever. Exchange hacks wipe out savings. Scams steal everything. High fees eat away at profits unnecessarily. Every single one of these mistakes is completely preventable if you know what to watch for and follow basic security practices.

The biggest difference between beginners and expert crypto users are simple. Experts know what are mistakes which can cost their crypto and that is why they avoid them.

Whereas beginners know the mistake but they still do it somehow and lose their crypto and then blame that digital currencies are like this only.

Even there are many beginners who do not lose their crypto but the reason behind this is that they know about these mistakes either from their friends or family or from such guides which helps the users truly understand about mistakes beginners make and how to avoid them.

Then they take proper time to understand each and everything and once they think that they are ready then they start properly with crypto.

Now you know some of the most common crypto mistakes which beginners make and you also know how to avoid them. For you we have also created a checklist so you can simply avoid all common mistakes. You can download that on your device or take a printout too.

Ready to start your crypto journey safely with proper security practices? Download Oppi Wallet now from App Store or Google Play Store, follow the security steps in this guide, and join thousands of users who manage their crypto without making these expensive mistakes. Oppi's built-in security features, seed phrase verification, and address book functionality help you avoid common mistakes while maintaining complete control over your funds.