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Crypto scams have become quite creative and widespread these days, targeting both beginners and seasoned traders. Here are some common ones to watch out for:
1. đ© Fake Airdrops: Scammers promise free tokens but require you to connect your wallet or pay a fee. Always verify the source before engaging.
2. đ° Too-Good-To-Be-True Returns: Investment schemes promising 10x or 100x returns overnight are often scams. Stay skeptical.
3. đ Phishing Links: Fraudulent websites or links trick you into sharing your wallet details. Use official websites and double-check URLs.
4. đ€ Impersonation Scams: Fake profiles pretending to be influencers or support teams lure victims into transferring funds.
5. đ Pump-and-Dump Groups: Scammers hype a coin to pump its value, then sell off, leaving others with losses.
How to stay safe?
âą Never share your private keys or seed phrases.
âą Verify everything, especially when it involves sending funds.
âą Use trusted exchanges and wallets.
đš Remember: If it feels too good to be true, it probably is! Stay vigilant and secure your crypto.
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