Common Crypto Scams to Avoid 👮

1️⃣ Fake giveaways. They promise to double your coins or give free tokens but never deliver. Verify official links, ignore wild claims, and never send crypto to unknown addresses. Nobody wants to give you anything for free by DMing you.

2️⃣ Phishing and clone sites. Attackers replicate legit platforms or emails to steal keys. Double-check URL spelling, bookmark reliable sites, and avoid random links or attachments.

3️⃣ Social engineering. Crooks pretend to be famous figures, helpful tech support, your friend, etc. They are using trust and urgency to bait you. Real teams never demand private data through direct messages.

4️⃣ Ponzi schemes. They promise big returns but use new deposits to pay existing investors. Once recruitment dies, everyone loses. Investigate a project’s track record and watch out for “guaranteed profit.”

5️⃣ Seed phrase bait. Seed phrase bait. Scammers intentionally "leak" seed phrases from crypto wallet. To withdraw this money victim needs to deposit some gas money for a transaction. After this, they are immediately drained.

#FAQ

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