Crypto Fraud Safety Guide

Introduction

Crypto scams are increasingly common. Proper precautions can protect your digital assets.

1. Wallet Security

  • Use secure wallets and backup phrases

  • Enable two-factor authentication

2. Transaction Awareness

  • Double-check wallet addresses before sending funds

  • Avoid unsolicited investment opportunities

3. Risk Score Examples

  • Platforms requesting crypto deposits without verification often score 8–10

    Risk ScoreRisk LevelDescription
    1 – 3Low RiskReputable platforms with strong security measures and verified operations.
    4 – 5Moderate RiskSome warning signs; proceed with caution and perform additional research.
    6 – 7High RiskMultiple red flags; limited verification; risky transactions possible.
    8 – 10Very High RiskPlatforms often requesting deposits without verification; likely scams.

4. Education and Research

  • Stay informed about new scams

  • Follow reputable crypto news and forums

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