What is a scam? How to avoid scams?
Last updated
Last updated
Scam is a fraud aimed at stealing your money or personal information. In crypto, scams are becoming more sophisticated due to decentralization and anonymity.
Here are some common types of scams and tips on how to protect yourself:
Never share your passwords, private keys or seed phrase.
Be cautious of unsolicited offers or investments.
Double-check everything before clicking links or confirming transactions.
Use two-factor authentication (2FA) where possible.