You can avoid most scams by simply keeping your private key/seed to yourself - page 2.

xSkylarx

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Quote from: libert19 on July 01, 2022, 08:06:56 AM

You can avoid most of such scam attempts by simply keeping your wallet's private key and seed phrase to yourself.

Seed phrase is like pin of your atm card. The moment you give your seed phrase to someone, you don't own that wallet anymore and transfer all the assets on different wallet before the hacker steals it.

There are others that will say you win this huge amount from a particular giveaway then ask you to input your wallet's seed phrase on the website that they will give to claim your prize. I don't see why some people still fall for this type of scam. They don't even bother researching first if the website is even legit.

Charles-Tim

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Leading Crypto Sports Betting & Casino Platform

The private key must be protected. The seed phrase must be protected because it can generate the private key. Even after some wallets warned users to keep it (the private key or seed phrase) safe, some people still do not, but got lured to input the seed phrase on a website, be it a secure or not a secure site, the website owner can see the seed phrase and use it to steal coins on the address generated by the seed phrase.

But some scam are funny but actually what is happening which people should totally avoid, this are direct scam in a way a scammer told the victim to send bitcoin to a certain address in order to receive double of the amount sent, like this one:

Scam from Google Form, Crypto Donate.

I still remember when I was not yet on this forum, trying to get some free bitcoin, I registered on a site that indicated bitcoin is mined for me, told me to pay half of the amount that was mined (fake mining). It was obviously a scam and such should be avoided, but though, may not be obvious to newbies.

Once people are not greedy, once they learn how to avoid scam and hack, they will be able to be on the safer side.

libert19

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There is recent rpc scam where user sees a popup (when using particular hijacked rpc) and asks user to go to scammy site to enter seed phrase.

You can read about it here: https://nitter.net/officer_cia/status/1542829400143568897

You can avoid most of such scam attempts by simply keeping your wallet's private key and seed phrase to yourself.

Topic: You can avoid most scams by simply keeping your private key/seed to yourself - page 2. (Read 188 times)