In this article, I aim to highlight the methods scammers use to steal your money.
Airdrop: Not every airdrop is genuine; some scammers use this method to steal your money, and you may wonder how they manage it. Some airdrops request your wallet phrase key or private key. If you encounter a website asking you to paste your wallet phrase key (12/24 words used when creating the wallet) or private key, it is a scam.
AI Trading Bots: If you search on YouTube for how to earn $100 using crypto, you will find many videos telling you to register on certain websites. These websites offer bots costing between $50 and $10,000, promising to generate a certain amount of money each day. They ask you to send USDT to your account, and while you might see a big profit after sending the money, you won't be able to withdraw it.
Fake Coins: Some people in their Telegram channels urge you to buy a coin, claiming it will grow by 100%. They can easily deploy such coins to decentralized applications. The issue is that you can buy these coins, but you can't sell them. Before purchasing a coin, always verify it using applications like CoinMarketCap or other reliable tools.
You should always be aware of potential crypto scams. Some airdrops are scams designed to steal your money by asking for your wallet phrase key or private key. Be cautious of websites promoted on YouTube that offer AI trading bots, as they might show fake profits, but you won't be able to withdraw your money. Additionally, verify any coin promoted in Telegram channels on reliable platforms like CoinMarketCap, as some coins can be bought but not sold.