The 5 Most Common Scams Used by Fraudsters in the Crypto World – Beware of Them
With the increasing number of cryptocurrency users, attempts at fraud have also increased in innovative and dangerous ways. Here are the 5 most common fraudulent methods in the crypto world to help you avoid becoming a victim:
1. Fake Airdrops
Promoting "free gifts" in exchange for wallet connections, often a trap to steal assets.
2. Phishing Links
Fake sites resembling popular platforms – always check the website address!
3. Fake Technical Support Scams
A person claiming to be from the "support team" asking for your recovery phrases or personal data.
4. Fake Telegram Groups
Channels and forums run by scammers pretending to be "experts" or "project managers".
5. Ponzi / Pump & Dump Schemes
Promises of huge and quick profits, or excessive promotion of a small coin before it suddenly crashes.
Golden Advice:
None of the official team will ever ask you for your private key or recovery phrase.
📢 Share this post to protect others, and let us know:
Have you encountered a scam attempt before? How did you react?
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