Crypto Safety

Crypto Fraud Safety Guide: Preventing Wallet & Exchange Scams

Crypto fraud is rising because digital assets are permanent and untraceable once transferred. This guide teaches you how to protect your cryptocurrency.


1. Store Crypto Safely

Use:

  • Hardware wallets

  • Multi-sig wallets

  • Air-gapped devices

Avoid storing crypto on exchanges for long periods.


2. Protect Seed Phrases

Never share:

  • Seed phrases

  • Private keys

  • Backup codes

Scammers often ask for these pretending to be support agents.


3. Avoid Fake Exchanges

Fake websites mimic legitimate platforms.
Avoid exchanges that:

  • Have no licensing

  • Cannot be found on Google

  • Charge upfront withdrawal fees

  • Have repeated complaints online


4. Double-Check Addresses

Crypto transactions cannot be reversed.
Before sending:

  • Confirm every character of the wallet address

  • Avoid copy-paste malware

  • Send a test transaction first

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