Safety guide in the world of cryptocurrencies: avoiding scams, frauds and attacks

The cryptocurrency industry attracts both enthusiasm and risks from malicious actors, such as scams, fraud and attacks. Understanding these dangers and how to protect yourself is essential for all participants.

Scams involve deceptions through false promises of fast earnings or imitating trust entities. Frauds include ponzi schemes and false trading platforms. Attacks are aimed at technical vulnerabilities in shifts and wallets.

Common types of scams

Investment scams : it involves exaggerated promises of investment profits. These schemes are often promoted by misleading advertisements on social networks and other online platforms.

Romantic scams : scams use meeting platforms to create reliable relationships, then convincing victims to send cryptocurrencies or invest in false opportunities.

PHISHING SCARS : These attacks are used for fake emails or websites that mimic legitimate platforms to collect sensitive information, such as private keys or passwords.

False cryptocurrency competitions : Scammers promise large returns for cryptocurrencies sent in their wallets, but keep funds. They are promoted on social networks and by paid advertisements.

Deep Fake : Deep Fake technology uses artificial intelligence to create fake but extremely realistic videos or images. In the context of cryptocurrencies, scammers can create false videos with influencers or known figures, promoting scams or false products. These clips are very convincing and can mislead even careful users.

Impersonation and scams with the government : scams are given as representatives of large companies or government agencies, claiming that there are problems that can only be solved by cryptocurrency payments.

How to protect yourself?

Use non-customs wallet : it is advisable to use non-customs, as they allow you to have complete control over your private keys. Unlike custodial wallets, in which third parties control the keys, non-customer wallets give you increased safety against unauthorized access.

Check authenticity : make sure you use official sites and applications. Check if the URL starts with "https: //" and there is a lock symbol in the address bar.

Activate the authentication in two factors (2FA) : it offers an additional level of security, even if your password is compromised.

Be skeptical for unsolicited offers : if you receive unexpected offers, be they promises of fast earnings or urgent requests, it is advisable to investigate them. Legitimacy can be checked by adding the word "scam" to Google searches related to the respective offers. This can reveal other people's experiences or warnings from experts.

Do not share sensitive information : never reveal private keys, passwords or other personal data to strangers. The legitimacy of any request for information can be verified by a simple internet search.

Search Google : When you meet a new offer or service, add the word "scam" in your search on Google to see if there are reports or warnings about possible scams.

Educate yourself constantly : Follow the news and news in the world of cryptocurrencies through reliable sources, such as Coindesk or Cointeintegraph. Being informed, you can more easily identify the deception tactics and avoid the traps.