Scam in Crypto: How to Spot Fake Airdrops, Fake Exchanges, and Scam Tokens

When you hear scam, a deceptive scheme designed to steal your crypto or personal information. Also known as crypto fraud, it’s one of the most common reasons people lose money in digital assets. It’s not just about shady websites or fake Telegram groups—it’s about how cleverly these scams copy real projects, mimic trusted names, and exploit excitement around new tokens. You’re not alone if you’ve seen a "free airdrop" that asked for your seed phrase, or a new exchange with zero reviews and a flashy logo. These aren’t mistakes—they’re designed traps.

airdrop scam, a fake token distribution used to harvest wallets or trick users into paying gas fees. Look at posts like the WSPP airdrop or the SHREW token myth—both were promoted as free rewards, but had no real team, no official website, and no roadmap. They relied on FOMO and vague promises. Same with NBOX and Battle Hero II chest airdrops—some are real, others are clones with changed names. How do you tell the difference? Check the official social channels. Look for verified accounts. If the project doesn’t have a public GitHub, a clear team, or a working testnet, it’s likely a scam. And never, ever give out your private key, even if they say it’s "for claiming."

fake exchange, a platform that looks legitimate but either steals deposits, freezes withdrawals, or never existed. D5 Exchange, DOEX, Tegro.Finance, OrangeX, Velocimeter—these are real platforms with reviews. But scammers create lookalikes with tiny spelling changes: D5EX, DO3X, TegroFinance, Velocim3ter. They copy the design, use similar logos, and run ads on Twitter and YouTube. If a site promises 500% APY or says "no KYC, no limits," run. Real exchanges like Binance and Coinbase don’t make wild claims. They show audits, licenses, and insurance details. If you can’t find a third-party security report or a clear legal entity behind the site, it’s not safe.

And then there’s the scam token, a worthless coin created just to pump and dump, often with no utility, no liquidity lock, and anonymous developers. Robin (ROBIN), HiveSwap (HIVP), Plata Network (PLATA)—some of these have real use cases. Others? They’re memes with zero code. Check the token contract on Etherscan or BSCScan. If the owner can mint more tokens, pause trading, or withdraw all liquidity, it’s a rug pull waiting to happen. Look at the holder distribution. If 90% of supply is held by two wallets, you’re the last one in.

You don’t need to be a tech expert to avoid these traps. You just need to ask three questions: Who’s behind this? Where’s the proof? And what’s in it for them? The posts below break down real cases—like the Iraq crypto ban, Thailand’s exchange rules, or how double-spending is prevented—to show you how regulation, security, and transparency separate real projects from scams. You’ll see exactly what to check before clicking "connect wallet" or buying a new token. This isn’t about fear—it’s about knowing what to look for so you don’t become the next headline.