Topic: Some tips to help protect yourself from crypto scam - page 3. (Read 608 times)

It would be helpful if you could triple-check before making a fund exchange. Visit the link to most of the website from coinmarketcap or coingecko, there are many cloned websites out there, including visiting them at all because they can be on your history and one might mistakenly use them.

There is no trusted exchanges. If they are centralized exchanges, you can not trust them with your money.

Wallets must be self custody, open source and have good reviews and history.

Fortunately, you include a link from the content of the topic you paste here, this way you avoid accusations of copying/pasting. I really appreciate your initiative to share tips that can help protect other members from crypto fraud, but you forgot one thing, you didn't add any writing from your thoughts based on your experience while involved in crypto assets. OP, plagiarism is something that is strictly prohibited on forums, always try to avoid it to protect your account from accusations of plagiarizing other people's work.

Scammers have new tricks to deceive potential victims, but if we always find out first before deciding, it can prevent us from being scammed. If we see interesting information, we should not be tempted but look for other information. Our job is to ensure that the information is legit to avoid scamming.

People most often encounter an offer to invest in an investment program. They don't look for reviews or other information. Many of them will immediately register so they can take advantage of the benefits. Even though that doesn't guarantee they can get it.

DYOR can help us find the truth. But be careful when searching because many sites also do not provide clear information. Everything will depend on the search results and research we carry out. If we still doubt it, we shouldn't join. Many others can really give us benefits.

Most frauds happen on crypto platforms and we should always be careful to avoid these frauds. Fraudsters are always smarter than us and they always come up with new tricks to cheat so we have to stay one step ahead of those who are scammers so that we don't fall into any of their traps. One should never share one's personal information with anyone and I think one should never share anything personal with one's loved ones. Important matters should always be kept private. There is no need to discuss having your own investment with everyone as fraudsters can lure you into various traps. Another thing is that many times when talking to various exchange account support when messaging in Telegram groups many fraudsters will send you personal messages with exact names try to avoid them because they can cheat you with your personal information.

It's true that Scammers will always use recordings of famous entrepreneurs to encourage users to visit their crypto investment promotion websites. Now. Regarding the distribution of giveaways, it is not only hitting the crypto world now, but other social media have also claimed many victims. The point is, you have to be smart before someone follows suit, especially in crypto in the form of Airdrop.

The simple way is, don't share your confidential data in the form of your wallet password on malicious websites and always verify again if someone offers help, often in groups that are not official admins, if one day you have problems and need a good solution, whatever the problem is related to investment, not just Airdrop just.

If you can, use the Wikibit application to avoid various risks in the crypto space that are targeting you.

We can argue about these points, but they are general and require detail. For example, if you told me DYOR (Do your own research), how would I apply that, as Google search results may be misleading, many scammers have paid articles, YouTube channels may lead to wrong results without specifying where? I could search it would be DYOR is just a term.

 - Avoid suspicious links: The best thing to say is to avoid clicking on any link unless you are 100% sure that it is reliable.
 - Use trusted exchange and wallet: You need to delve into the details of what a trusted wallet is.

This is needed to do so that we can actually know the real situation on the site we are trying to invest since researching for more information is important so that we will not get baited on false promises so DYOR is needed to avoid this.


To many like that here so to avoid getting serious problem that can cause a lot of issues then people should avoid that and they need to know first what are those links they are clicking so they can assure safety of there devices or any harmful effects for doing it.



This we should put all important data as secret and never share anything especially our important information and keys so that we will not get scam and its important to know by people that they should be the only one know about this so that they can avoid hacking or to lose their funds for unwanted events.


There's lot of that can be seen online and if the giveaway organizer saying that you need to pay first before you can get the prize then better forget about it since this is a scam.


Even if they are been called a trusted exchange and wallet still I will not trust them so people need to be careful since there's a lot of supposed to be trusted exchange exist before but later on they scam a lot of people. To avoid experiencing this issue better save your crypto to wallet where you can grab and safely store your private key so that it will be more safer if decide to hold for long time. Remember that Not Your Keys Not Your Coins saying.


We need sometime to think about decision we think since its really important to gather lots of information regarding on what we need to know about the investments we are interested on. To avoid getting issue we should examine first if its really worth it and do more research or even ask feedback to get good insights about this.

These are interconnected. With what I am seeing with airdrops craze lately, people are running over with the potential profits that they can make easily with these free money.

Too many giveaways are being made everyday and people just typically clicks the llinks and downloads the apps of these unknown projects.

While there goes the people that have been easily and no worry connecting their wallets to these random websites that are part of the task of the giveaway.

Aside from #2, I think you can also add there about beware of downloading unusual apps.

Doing your own research will surely help someone avoiding scam attempts. This is an additional to do your own research which is to research about different typed of scam attempts then when you see something the same as what you have searched then you'll know that it's a scam. In other words, you will have lots or knowledge about how scammers scam people or how scammers scam people. If you know many types then it would be much easier to avoid scam sites and many more. It could slso be shared to another person to let them know that it is a scam scheme.

Do we have any trusted exchange? because I know you mean centralized exchange because that is what newbies are using mostly because they find it easy to use and are not afraid of KYC just because they want to get involve in cryptocurrency activities.
Avoid leaving your crypto investments and bitcoins in an exchange, take the exchanges both centralized and decentralized exchanges as a marketplace to trade, buy and sell your Bitcoin.

Twitter is seriously becoming a den of scammers the way the telegram app is. The issue of this twitter is first made worse when the current owner (Elon Musk) decided to make the blue tick a form of subscription which was actually a sign before of a reputable account. Social media is always risky to take information from most especially that which concerns anything monetary related. Just as it is on the OP’s thread it is always good to first make your own proper research before investing or do anything.

Explain every tip based on your own concept so that you are giving further information aside from the listed tip only. Otherwise, you will be one to be given tip to have your own originality, or if possible post the name of the source to make your post more valid and convincing. If your aim is to earn merits, then follow those who have successfully earn a lot of merits every now and then, so you can also learn to make such post more quality and more meaningful.

Doing your own research is very important because it will let you know the advantages and disadvantages of what you want to study. You will also know the risk of the investment, including how the investment works, how to store it, how to manage the risk, and any other things you will need in such a business. But while doing your own research, make sure you are getting that knowledge from reliable sources. Because if you follow only one source, you may get the wrong information, and you will fall victim to a scam project. So I will advise you to study any investment well before investing. You need to gather different knowledge from different sources of such investment before making any steps towards that investment.


Using a trusted wallet is very good, but you copied this content from Binance News, which means you only copied what they posted without adding your own content to it. Using a trusted exchange is good, but don’t leave your funds there. Even though you copied their content on Binance News, I will not advise you to leave money in their exchange unless you need the money at that time. Because exchanges have more risk, Binance will not tell you that you shouldn’t use them to store your money because that is what they want. People should leave their money in their exchange, so with this, I think you should go back and follow the first step you mention. DYOR.

The most recent gist. BE CAREFUL OF FAKE TWITTER ACCOUNTSS.

Recently, scammers have turned twitter (X APP) to their abode. Every time a legit project make a post on their page, the scammers post immediately after the original post (IF YOU ARE NOT VIGILANT, YOU WILL FALL VICTIM)

See the screenshots below, so you can understand the bait posts from these scammers on the X APP (Formerly Twitter). The true postis above, while the scammer is right beneath )in red box)

Good tips OP but since you copied the post from an exchange news feed, they won’t tell you that it is not safe to keep your money on exchanges but use the word “trusted exchanges” to compel you to bank with them. It is not safe to store your money on exchanges unless you want to exchange them for fiat, keeping your money there expose you to more risk of losing them. Not your keys, not your coins.

OP I think you need to review the reasons why you’re here. Are you a reporter? Because all you seem to do is create topics from content posted by Binance without adding anything new to the discussion. Even though it’s not against the rules and cannot be considered as plagiarism because you added links to the original source, it shows that you’re not adding value to the forum.

So far, you have made four of these topics today citing Binance.com as the original post, all these posts were made in 1hour. It’s not difficult to know posts where the author worked hard on.

Thanks for your observations and correction, I am willing to learn

@Barikui1 since we are sharing tips here, let me share you one: if you want to get some merit (as this is obviously a merit fihsing topic) you will have to put some effor into your topics, instead copy/pasting post from binance, without adding anything of your own.

OP some of the points you have raised look valid. But I want to add that you don't have to trust centralised exchanges. Deal with them with utmost care and caution. Let me also add that when choosing wallets select non-custodial open-sourced wallets. Avoid crypto projects that promise so much returns, don't be greedy.

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@Barikui1 there are no rules that limit you from creating as many threads as you want but there is a need to put effort into creating them. You have created four threads today and from my observation (I might be wrong), they are not of a good standard. I will advise that you create fewer threads and engage more in discussions.