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Security11/26/20255 min read

Avoiding Crypto Scams

Avoiding Crypto Scams

Common Scams

  • Phishing: Fake websites or emails that look like legitimate services, designed to steal your login credentials or private keys.
  • Giveaway Scams: "Send 1 ETH, get 2 ETH back." These are always scams. Legitimate entities do not ask you to send money to get money.
  • Rug Pulls: Developers abandon a project and run away with investors' funds.

How to Stay Safe

Never share your private keys or seed phrase. Double-check URLs. Be skeptical of offers that sound too good to be true. Use 2-factor authentication (2FA) on all your accounts.

#Crypto#Blockchain#Finance