#StaySAFU Crypto scams are fraudulent activities targeting cryptocurrency users. Common types include:
- *Phishing*: Scammers trick users into revealing sensitive information.
- *Ponzi Schemes*: Fake investment opportunities promising unusually high returns.
- *Fake Exchanges*: Scammers create fake trading platforms to steal funds.
- *Rug Pulls*: Developers abandon projects, taking investors' money.
To avoid crypto scams:
- *Verify Sources*: Research and verify legitimacy.
- *Be Cautious*: Be wary of unsolicited offers or suspicious links.
- *Use Reputable Platforms*: Stick to well-established exchanges and services.
- *Stay Informed*: Educate yourself on common scam tactics.
Stay vigilant and skeptical.