Common Crypto Scams to Avoid ๐ฎ
1๏ธโฃ Fake giveaways. They promise to double your coins or give free tokens but never deliver. Verify official links, ignore wild claims, and never send crypto to unknown addresses. Nobody wants to give you anything for free by DMing you.
2๏ธโฃ Phishing and clone sites. Attackers replicate legit platforms or emails to steal keys. Double-check URL spelling, bookmark reliable sites, and avoid random links or attachments.
3๏ธโฃ Social engineering. Crooks pretend to be famous figures, helpful tech support, your friend, etc. They are using trust and urgency to bait you. Real teams never demand private data through direct messages.
4๏ธโฃ Ponzi schemes. They promise big returns but use new deposits to pay existing investors. Once recruitment dies, everyone loses. Investigate a projectโs track record and watch out for โguaranteed profit.โ
5๏ธโฃ Seed phrase bait. Seed phrase bait. Scammers intentionally "leak" seed phrases from crypto wallet. To withdraw this money victim needs to deposit some gas money for a transaction. After this, they are immediately drained.
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