The degree of safety depends on multiple factors, such as what you are doing with your crypto, which cryptocurrencies you are using, whether you are using a hot or cold wallet to store your crypto, as well as your own personal risk tolerance. Buying or swapping cryptocurrency does come with a high degree of risk and the market for cryptocurrencies can be very volatile. Furthermore, the cryptocurrency space is unregulated, and therefore scams may be prevalent. You can greatly increase the safety of your cryptocurrency related activities by utilizing a cold wallet such as the Arculus Wallet™. Please also keep in mind to never share your 12 or 24 word recovery phrase, as no amount of security and good practices will stop someone from accessing your crypto should you give them your recovery phrase.
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