Crypto Scams: How to Spot, Avoid, and Protect Yourself

When you hear about a crypto scam, a deceptive scheme designed to steal cryptocurrency or personal information under false pretenses. Also known as cryptocurrency fraud, it’s not just about lost money—it’s about broken trust in a space built on transparency. Every year, billions vanish in fake airdrops, cloned exchanges, and phishing links disguised as official alerts. You don’t need to be a beginner to fall for these. Even experienced traders get tricked when the scam looks real—because it’s designed to.

Most airdrop scams, fake token distributions that trick users into connecting wallets or paying fees promise free tokens with zero effort. Think Step Hero, VikingsChain, or WSPP—these names pop up often, but none are official. They use hype, urgency, and fake Twitter accounts to make you act before thinking. Then, they drain your wallet the moment you sign a transaction. And it’s not just airdrops. fake exchanges, platforms that mimic Binance or Coinbase but are built to steal deposits like Negocie Coins or Tegro.Finance have been flagged by users who lost funds after deposits. These sites look professional. They have whitepapers, Discord servers, and even fake reviews. But they vanish overnight when the money rolls in.

Then there’s crypto phishing, attacks that trick you into giving up private keys, seed phrases, or 2FA codes. A message from "support" asking you to "verify your account"? A link that says "claim your airdrop" but leads to a fake wallet site? That’s phishing. It doesn’t need hacking. It just needs you to click. And once you do, your crypto is gone—no recovery, no refund, no second chance.

You’ll find posts here that break down real cases: the Battle Hero II Chest NFT airdrop, the WSPP token trap, the OraiDEX experiment with no audits, and why the NBOX giveaway might look too good to be true. These aren’t theoretical warnings. These are real projects that either turned out to be scams or came dangerously close. You’ll see how to check if a token has a locked supply, whether a team is anonymous, if the contract has been audited, and what to do if a platform has zero trading volume. You’ll learn how to spot fake social media accounts, how to verify official links, and why you should never share your seed phrase—not even with "customer support."

There’s no magic tool to stop scams. But there’s a simple habit: pause. Always ask—why is this free? Who’s behind it? Where’s the audit? What happens if I connect my wallet? If the answer feels rushed, vague, or too exciting, it’s probably a trap. The best defense isn’t advanced tech—it’s skepticism. And the posts below give you the exact checklist to use before you click, connect, or commit.