Safety First | Keep Your Assets Protected!

How to Spot Fakes & Scammers in the Crypto World?

1. Fake crypto giveaways

2. Trading bot scams

  • Offers for extremely high returns.
  • No documentation or additional information on the platform and its processes.
  • Multiple spelling mistakes on the website.

3. Phishing emails

  • Be sure to check the outgoing email address.
  • Never open a link from an unfamiliar sender.
  • Do not share your passwords, seed phrases or any personal information with others.

Private Key vs Seed Phrase: What is the Difference?

Important Things to Keep in Mind:

  • Never make a digital copy of your personal crypto details
  • Always enable 2-factor authentication when possible
  • Use a different password for every crypto platform you use
  • Do your research and homework
  • Use secure networks and avoid public Wi-Fi
  • Conduct software updates routinely
  • Conduct smaller transactions
  • Maintain Multiple Wallets
  • Change Your Password Regularly
  • Check the domain address and connect your wallet to official sources only.
  • Approve smart contracts and connect wallet only if you are sure it is trustworthy.

❗Note:

Closing Thoughts

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Biswap

Biswap

5.9K Followers

Trade, Earn, Refer on the most progressive DEX on BNB Chain. Enjoy the lowest exchange fee, profitable features & Multi-type Referral program.