Earn up to 9% APY on your crypto with My Chain staking Start earning
My Chain
Crypto basics·6 min read

How to start with crypto: a calm first week

A practical plan for your first deposit, from choosing an asset to keeping your account safe.

Start with why

Before buying anything, decide what you want crypto for: holding long term, sending money abroad, or learning how it works. That answer tells you which assets matter and how much risk makes sense.

A simple rule many people follow: begin with an amount you could watch drop by half without it affecting your life.

Day 1-2: set up and secure

  1. Create your My Chain account and confirm your email.
  2. Turn on two-factor authentication with an authenticator app. My Chain requires it.
  3. Write down your 12-word wallet phrase on paper and store it somewhere private.

Security first means nothing you do later depends on luck.

Day 3-4: pick one or two assets

Most beginners start with a large, well-known asset such as Bitcoin or Ethereum, or a stablecoin like USDT if they want dollar value without price swings. Read the asset pages to understand what each one is for.

Day 5: make a small first deposit

Buy on a reputable exchange, then send a small test amount to your My Chain deposit address. Check the network matches before you press send. Once it arrives, send the rest.

Day 6-7: learn the routine

Look up your deposit on a block explorer, try receiving and sending a small amount, and read about network fees. These habits make every later transaction calmer.


My Chain will never ask for your password, 2FA code, seed phrase or private keys, not by email, chat or phone.

Open your My Chain account

It takes about a minute. Your wallet phrase and 2FA are set up on the way in.

Create your account