🚨 5 Common Crypto Scams — Stay Safe
Crypto scams work because transactions are fast, global, and irreversible. Knowing the traps is your best defense.
1️⃣ Fake Giveaways
“Send 1, get 10 back” is always a lie. No legit giveaway ever asks for upfront crypto.
2️⃣ Ponzi & Pyramid Schemes
Guaranteed returns = guaranteed red flag. If profits rely on new users joining, it will collapse.
3️⃣ Fake Apps
Scam wallets and exchange apps steal funds or keys. Only download apps from official websites.
4️⃣ Phishing Attacks
Fake emails, links, and DMs impersonate support. Never share passwords or seed phrases—ever.
5️⃣ Paid Hype & ‘Guaranteed’ Calls
Not all advice is honest. Influencers may be paid or already invested. Always DYOR.
Bottom line:
Scams exploit urgency and FOMO. Slow down, verify sources, and never rush decisions.
