1. Phishing Scams
Fake websites or emails that trick you into giving private keys, passwords, or seed phrases.
Often disguised as legitimate crypto wallets or exchanges.
2. Ponzi & Pyramid Schemes
Promises of high returns from "investment opportunities".
Early investors are paid with money from new investors, not profits.
3. Fake ICOs (Initial Coin Offerings)
Fraudulent or unregistered coins offered to raise money with no intention of development.
4. Pump and Dump
Coordinated buying of a cheap coin to inflate the price, then selling off to profit while others lose money.
5. Impersonation Scams
Scammers pose as celebrities or influencers, asking for crypto or promoting fake giveaways.
6. Malware and Fake Apps
Apps that steal your private information or crypto funds when installed.
7. Rug Pulls
Developers suddenly abandon a crypto project after collecting funds, leaving investors with worthless tokens.
How to Protect Yourself
1. Use Reputable Exchanges and Wallets
Stick to well-known, regulated platforms (e.g., Binance, Coinbase, Kraken).
2. Enable Two-Factor Authentication (2FA)
Adds an extra layer of security to your accounts.
3. Never Share Private Keys or Seed Phrases
No legitimate company will ask for these.
4. Research Before You Invest
Check the project's website, whitepaper, team, and community feedback.
5. Beware of Unrealistic Promises
High returns with little or no risk are red flags.
6. Avoid Clicking on Suspicious Links
Especially in emails, messages, or social media ads.
7. Use Cold Wallets for Storage
Hardware wallets like Ledger or Trezor are safer for long-term holding.
