Crypto Scams - How to Avoid Fraud 🎭
Protect yourself from cryptocurrency scams. Learn the red flags and common tactics used by scammers.
Warning: Crypto Scams Are Everywhere
Scammers target crypto users daily. Never send crypto to strangers, share private keys, or trust "guaranteed returns."
Common Crypto Scams 💥
1. Rug Pulls
Developers create a token, pump the price, then abandon the project and take all liquidity.
Red flags:
- •Low liquidity (<$50k)
- •Anonymous team
- •Unlocked liquidity pool
- •Promises of guaranteed returns
2. Phishing
Fake websites and emails that steal your login credentials or seed phrases. Always verify URLs and never click suspicious links.
3. Fake Airdrops
Scammers promise free tokens but require you to send crypto first or connect your wallet to a malicious site. Legitimate airdrops are always free.
4. Ponzi Schemes
"Investment" platforms that promise high returns by paying old investors with new investors' money. They always collapse.
5. Fake Exchanges
Scam exchanges that steal deposits or never allow withdrawals. Only use verified, reputable exchanges.
Red Flags to Watch For 🚩
Too good to be true: Guaranteed returns, 'risk-free' investments
Pressure tactics: 'Limited time,' 'act now,' urgency
Anonymous teams: No real names, no LinkedIn, no history
Unverified contracts: Contract not verified on blockchain explorer
Low liquidity: Easy to manipulate, hard to sell
Asking for private keys: Never share these with anyone
How to Verify a Coin 🔍
- 1
Check contract address
on blockchain explorer
- 2
Verify liquidity
on DexScreener (should be >$50k)
- 3
Research the team
- real names, LinkedIn, history
- 4
Check social media
- real followers, engagement
- 5
Read the whitepaper
- does it make sense?
- 6
Use our scam checker
check any coin here
Protect Yourself 🛡️
Never share private keys or seed phrases
Use hardware wallets for large amounts
Verify all URLs before connecting wallet
Start with small amounts to test
Use reputable exchanges only
Enable 2FA everywhere
Do your own research (DYOR)
What to Do If You're Scammed 🆘
- 1
Stop all transactions immediately
- 2
Report to relevant authorities
- 3
Document everything (screenshots, transactions)
- 4
Warn others in community
- 5
Learn from the experience
Check Any Coin
Use our scam checker to verify any cryptocurrency before investing.
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