How I Identify Warning Signs & Protect Crypto Assets
Keeping digital assets safe is extremely important, especially with more and more projects and airdrops emerging.
Common Warning Signs I Encounter:
- Websites that look similar to the original but have strange URLs
- Project teams without clear identities or fake social accounts
- Smart contracts that are not audited, or not available on explorers
How I Verify Projects:
- Check contract addresses on BSCScan, see if they are active & have genuine interactions
- Join their community on Telegram/Discord, observe admin responses & discussions
- Read reviews from trusted KOL/Web3 researchers
Scam Tactics I Have Encountered:
- “Airdrops” that ask you to connect your wallet & immediately request to approve all tokens
- Fake DMs from impersonated accounts (very typical, be careful!)
- Google forms asking for seed phrases (never fill these out!)
Examples of Airdrops I Avoid:
There was once an airdrop for “Squid Game” that emerged due to the movie's popularity; the website was shoddy & the contract was a copy-paste from another project. The intent to scam was clear.
Remember: It’s better to miss an airdrop than to lose your assets!
