#CryptoScamSurge The crypto community can combat fraud by increasing awareness and education about common fraud tactics used. Here are some ways to recognize and avoid scams:
• Understand common scam schemes
• Giveaway scams: be wary of giveaways that ask you to send funds first to receive a prize. Official accounts will never ask you to do this.
• Pyramid and Ponzi schemes: these scams promise high returns by recruiting members to join
• Do your own research (DYOR)
• Use secure digital wallets
• Store crypto assets in digital wallets connected to the blockchain network.
• Use cold wallets for long-term investments and hot wallets for active trading.
Stay vigilant and do not be easily deceived by