Cryptocurrency Security for Beginners The popularity of cryptocurrencies has grown exponentially over the past year, and for good reason. Of course, when it comes to cryptocurrency investment options, Bitcoin is considered to be the smartest option, especially because its value is currently soaring high and is garnering much attention from new investors and large investment companies as well. One factor that sets making with payments in cryptocurrency apart from the rest is that it offers far better security as compared to traditional fiat currency payments. To begin a transaction, you need to enter a login and password. Some exchanges also require an authentication code. However, just because security measures are in place does not mean that investing in cryptocurrencies is safe. If anything, it means that people who own cryptocurrencies need to be even warier of the circumstances they find themselves in.