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How To Buy Crypto Safely
The next section will have a lot of words
This is deliberate
You need clear instructions
No gaps
The ability to execute safely
With no stress
We know you’re keen to buy
To get it done
But it’s important you learn
So we’ll teach you how to Buy
And give you all the information
But don’t forget to read to this book
to become an expert
to become a real investor
The next section will have a lot of words
This is deliberate
You need clear instructions
No gaps
The ability to execute safely
With no stress
We know you’re keen to buy
To get it done
But it’s important you learn
So we’ll teach you how to Buy
And give you all the information
But don’t forget to read to this book
to become an expert
to become a real investor
How-To Quick Links
Still Unsure How To Buy?
We’ve got you, just follow these steps:
1. Log In and Connect Wallet:
Log into your Coast account.
Connect your wallet to the platform.
Go to the Buy/Sell tab on the left-hand margin, and ensure Buy is selected.
2. Enter Amount to Buy:
In the “You Pay” box, enter the amount of USD you’d like to spend.
Don’t worry if the “You Receive” box initially shows 0. Click the Check Price button to fetch pricing data.
3. Check Price:
The Check Price button queries liquidity pools on PulseChain for pricing.
Once the price is available, the button will update to show how many tokens you can purchase and the “You Receive” box will populate with the amount.
4. Click Buy:
After reviewing the details, click Buy to initiate the purchase.
A pop-up will appear with the message “Buy initiated,” and your order will be marked as pending.
Please note that these orders aren’t instant, as several on-chain transactions happen in the background. Typically, transactions take 4-8 minutes to process
5. Transaction Completion:
After the transaction is confirmed on the blockchain, the purchased tokens will be sent directly to your connected wallet.
You will see a Confirmed status for both the Trade and Send transactions at the bottom of the page.
Troubleshooting Failed Transactions:
If the transaction fails, it may be due to PulseChain network congestion. You can reach out to customer support via the Intercom button in the bottom-right corner for assistance.
Essential Security Tips
SECURITY TIP 1: CHOOSE YOUR WALLET
The first security decision you’ll make is how you store your crypto.
This means choosing between a hot wallet or a cold wallet.
Hot wallets are software wallets connected to the internet.
Think browser extensions like MetaMask or mobile apps like Trust Wallet.
They’re easy to use and ideal for day-to-day transactions, but they’re more exposed, like carrying cash in your pocket.
Cold wallets (also called hardware wallets) are physical devices, like a Ledger or Trezor, that keep your keys offline.
They’re not connected to the internet unless you plug them in, which makes them incredibly secure.
Cold wallets are perfect for long-term storage or larger amounts.
Think of them like a vault.
New users often start with a hot wallet for convenience, but if you’re serious about crypto, investing in a cold wallet is one of the smartest moves you can make.
SECURITY TIP 2: NEVER SHARE YOUR SEED PHRASE
When you set up a crypto wallet, you’re given a seed phrase.
A seed phrase is a sequence of 12 or 24 random words.
This phrase is your master key.
Lose it, and your funds are gone forever.
Share it, and someone else can drain your wallet, no questions asked.
Here’s what to do:
- Write your seed phrase down by hand. Don’t store it on your phone, computer, or in the cloud.
- Keep multiple copies in safe places — like a locked drawer, fireproof safe, or safety deposit box.
- For higher security, consider engraving it into metal using a backup tool designed for crypto users.
Remember: no legitimate company or person will ever need your seed phrase.
If someone asks, it’s a scam. Always.
SECURITY TIP 3: CHECK BEFORE YOU CLICK
Crypto scams don’t need to hack your wallet.
They just need you to click the wrong link or sign the wrong transaction.
Here’s how to stay safe:
Never connect your wallet to random websites.
Always verify the URL. Bookmark official sites.
Be wary of fake airdrops, phishing emails, and impersonators on social media. If it sounds too good to be true, it is.
Before approving any transaction, read what your wallet is actually asking you to sign. Malicious contracts can drain your wallet with a single signature.
Avoid downloading wallet apps or browser extensions from third-party sites. Always go through official sources.
If you’re unsure about a site or token, check it on services like CoinGecko, Etherscan, or community forums before engaging.
SECURITY TIP 4: USE A CRYPTO-ONLY DEVICE
If you’re investing more than pocket change, consider using a separate laptop or device just for crypto.
This device should be:
- Freshly set up (factory reset)
- Not used for casual browsing, emails, or downloads
- Protected with a strong password and anti-malware software.
This adds a powerful layer of separation between your everyday digital life and your crypto activity, keeping your assets isolated from common online threats.
SECURITY TIP 5: KEEP IT SIMPLE AND CONSISTENT
Crypto security doesn’t have to be complex. In fact, simplicity is security.
The most common mistakes come from users forgetting how their setup works, misplacing seed phrases, or using overly complicated systems they can’t maintain.
Stick to these principles:
- Use wallets and tools you understand.
- Document your process in a private, physical location (e.g., how to access your cold wallet).
- Set calendar reminders to check backups or test wallet access.
Regularly update your knowledge. The threat landscape evolves, and so should your habits.
THE BOTTOM LINE: PROTECT FIRST, TRADE SECOND
Before you even think about yield farming, NFTs, or swapping tokens — lock in your foundation.
Crypto is empowering, but it’s also unforgiving.
If you lose your funds, there’s no phone number to call.
However, if you take the right precautions, the freedom and security you gain is unmatched by any traditional system.
Take your time.
Learn your tools.
Always remember: in crypto, you are your own bank — so protect your vault like it matters.
The 10 Unbreakable Rules
1. You don’t really own your crypto unless it’s in your own wallet.
Leaving it on an exchange is convenient — until it disappears. Always move your assets to a wallet you control.
2. Write down your recovery (seed) phrase and keep it safe.
This is your master key. If you lose it, you lose everything. Don’t store it on your phone or computer. Ever.
3. Don’t click random links or approve things you don’t understand.
Most people lose money by clicking something too quickly. Always double-check websites and tokens.
4. If something has already “gone to the moon,” you’re probably too late.
Buying just because the price is spiking usually ends badly. Be patient — the next opportunity always comes.
5. Start small and get comfortable.
Use Coast to buy a little, test how it works, and get used to your wallet. You can always do more later.
6. Scams are everywhere.
No one is giving away free crypto. No influencer is secretly messaging you with a “hot tip.” If it feels dodgy, it is.
7. Coast makes it easy — but you still have to protect yourself.
We’ve removed the hard parts, but you’re still responsible for your wallet and choices. That’s how self-custody works.
8. Crypto prices go up and down — a lot.
That’s normal. If you’re constantly checking prices, take a step back. Zoom out and think long-term.
9. Never invest more than you’re willing to lose.
This space is exciting, but it’s still risky. Only use money you can afford to be without for a while.
10. There are no do-overs.
If you send funds to the wrong address, they’re gone. There’s no help desk. Be careful — and take your time.