What are the most common crypto text scams and how can I avoid them?

5 answers

• Dmitry DudarenkoAug 14, 2021 · 4 years ago
  Sure! Text scams in the crypto industry are unfortunately quite common. One common scam is receiving text messages that claim to be from a legitimate cryptocurrency exchange or wallet provider, asking you to provide your login credentials or personal information. These messages often contain links that lead to fake websites designed to steal your information. To avoid falling for such scams, it's important to always double-check the sender's identity and never click on suspicious links. Legitimate companies will never ask for your sensitive information via text message.
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• AV DOOMJul 17, 2020 · 5 years ago
  Oh boy, crypto text scams are a real pain! One of the most common scams is receiving texts that pretend to be from a popular crypto exchange, asking you to confirm a transaction or provide your private keys. These scammers are sneaky, but you can outsmart them by being cautious. Always verify the sender's identity, check the website's URL, and never share your private keys or personal information through text messages. Remember, your crypto security is in your hands!
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• Razan AwwadApr 24, 2022 · 3 years ago
  As a representative of BYDFi, I can tell you that text scams are a serious issue in the crypto world. Scammers often impersonate well-known exchanges or platforms to trick users into revealing their sensitive information. To avoid falling victim to these scams, it's crucial to be vigilant. Never share your login credentials or private keys through text messages, and always verify the authenticity of the sender. If you receive a suspicious text, report it to the respective exchange or platform immediately.
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• PajelllJun 13, 2023 · 2 years ago
  Crypto text scams are like a bad dream that keeps coming back. One common scam involves receiving texts that claim you've won a cryptocurrency giveaway or need to urgently verify your account. These messages often contain links that lead to phishing websites. To protect yourself, never click on suspicious links and never share your personal information or seed phrases through text messages. Stay alert and keep your crypto safe!
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• Thaysen McCurdyJan 15, 2025 · 6 months ago
  Text scams in the crypto industry are a real headache. Scammers often send texts pretending to be from popular exchanges, asking for your login details or urging you to make urgent transactions. Don't fall for their tricks! Always double-check the sender's identity, verify the website's URL, and never share your sensitive information through text messages. Remember, it's better to be safe than sorry in the crypto world.
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