To protect your cryptocurrency investments from scams, follow these steps:
Do Your Research: Be skeptical of investments promising unusually high returns. Research the cryptocurrency, platform, and team behind it thoroughly.
Use Secure Platforms: Stick to reputable exchanges and avoid clicking on unsolicited links. Verify URLs before entering sensitive information.
Enhance Security: Use strong passwords, enable two-factor authentication, and avoid public Wi-Fi. Secure your digital wallet and never share its seed phrase.
Monitor Accounts: Regularly review your account statements to detect suspicious activity and report it immediately.
Avoid Unsolicited Offers: Be cautious of unsolicited investment advice, especially on social media or dating apps.