โ
*Top 10 Common Crypto Scams & How to Avoid Them* โ ๏ธ๐ธ
1๏ธโฃ *Phishing Scams*
Fake websites or emails that mimic real exchanges. Always verify URLs and use bookmarks.
2๏ธโฃ *Fake Airdrops & Giveaways*
"If you send 1 ETH, youโll get 2 back" โ classic scam. Never send crypto to strangers.
3๏ธโฃ *Rug Pulls in DeFi Projects*
New tokens pump fast, then vanish. Research the team, code audits, and liquidity locks.
4๏ธโฃ *Ponzi & Pyramid Schemes*
High returns with referral bonuses? Likely unsustainable. If it sounds too good โ run.
5๏ธโฃ *Impersonation Scams*
Fake profiles of CEOs or influencers offering crypto deals. Check official accounts.
6๏ธโฃ *Fake Wallet Apps*
Download wallets only from official websites or verified app stores.
7๏ธโฃ *Pump & Dump Groups*
Coordinated hype to inflate token prices. Avoid โinsider tipโ Telegram or Discord groups.
8๏ธโฃ *Malicious Smart Contracts*
Granting token permissions can drain your wallet. Use tools like revoke.cash to stay safe.
9๏ธโฃ *SIM Swapping Attacks*
Hackers steal your phone number to access exchanges. Use strong 2FA and lock your SIM.
๐ *Investment Advisor Scams*
โExpertsโ who DM you with trading tips. Real pros donโt cold-message strangers.
๐ก *Stay alert. Always DYOR (Do Your Own Research).*
$HEMI $HMSTR #CryptoRally #CryptoPatience #CryptoBasics #BTCVSGOLD