In the digital currency market, the take-off of Dogecoin, SHIB, people and other MEME coins has driven many novices into the cryptocurrency circle, but the currency circle is also a place with countless scams and pitfalls. Here is a summary of a few scams you need to pay attention to.

Exchange phishing website

This scam is usually leaked by the third-party OTC service provider of the exchange, and then sends you a high-imitation exchange website via text message to trick people into logging into the exchange and transferring your coins. Now that this scam has begun to spread to decentralized wallet applications and email links, everyone should be vigilant. You must go to the official website of the exchange to download it, and do not trust the link sent to you by anyone.

Coin circle phone scam

After the scammers obtain your transaction information and contact information through gray channels, they contact you by phone and defraud you on the grounds that your assets involve black money and need to be "transferred." Many novices fall for this scam because the scammer can accurately tell you your transaction records. Please be careful to go directly to the official website to verify with human customer service after receiving such a call to avoid being deceived. Generally, exchanges will not call you. If you receive such calls, most of them are scams. Do not believe them.

Telegram group private chat

Don’t believe anyone who chats with you privately on Telegram. They are all scammers. If you want to get rid of them once and for all, turn off the private chat option. They will usually ask you what coins you have bought now and whether you have made any money. Then they will say that they were in Where did I get the news? I made hundreds and tens of millions. Next time I have news, I will bring it with you. Of course, an old leek can see it, but it is still easy for a novice to believe it. Please pay attention to this.

Native dog project

This year, Animal Coin has become popular with decentralized coin issuance. Because it is simple to issue coins, many people issue coins themselves and then go to various social groups to advertise and deceive people to take over. You can also see that many communities will post advertisements. Daikin Dogs are launched ten thousand times, the dog farm has a big layout, and a lot of publicity. Including using hot spots to issue coins, such as Erjiu coins, squid coins, etc. Generally, for this kind of project, when the entry funds are almost enough, the fund pool will be emptied and the funds will be emptied. Some scammer project developers only defrauded 1 ETH or ran away within 5 minutes of going online.

Pheasant Exchange

When playing cryptocurrency, you must go to a regular large exchange. Generally, unknown pheasant exchanges have a high risk of running away. Old fans know that today I have been asking everyone to move to large exchanges. A while ago, Hufu, Zhongbi, Anyin and HotCoin have been closed one after another. It can be said that we are also prophets of the future. After all, the safety of assets comes first.

Wallet authorization stolen

Scammers use reasons such as collecting U at high prices and defi projects to get you to scan the code or obtain wallet authorization, and then steal all the U or tokens in your wallet. Some users even lost hundreds of thousands of U. So you must be vigilant and don’t scan codes casually. Especially when you find that there are some unknown coins suddenly added to your wallet, and these coins are worth a lot of money, many novices think that they are airdrops or transferred by others by mistake, and they will immediately authorize the sale, but this is When you fall into a trap, you must not authorize things you don’t know.

Take the single teacher

First create a personality, sell high and buy low, masters, and show off profits (there are many contract teachers) to let people see that you can make a steady stream of money, and then charge you group fees when you go to find them. This is the first wave Cut leeks.

The second wave recommends unknown small coins. He has already ambushed you for small coins and asked you to carry the sedan chair. Or some coins are made by him himself. After all, the cost of issuing a coin is almost free. Later you discovered that most of these groups were directed and acted by this teacher, and most of them were entrusted with real people, and there were only a few of you.

To sum up, the reason why scammers are successful is because they know how to exploit human weaknesses, FOMO and lack of experience. Therefore, when investing in cryptocurrency, everyone must improve their cognitive level, not be too greedy, and maintain a rational investment sentiment. If you find this article useful, share it so that people around you will not be deceived and reduce the tragedy of losing both people and money.