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How to Spot Crypto Scams and Phishing Attempts

By moonbag.info · · Beginner

Most crypto losses from scams come from social engineering, not broken cryptography. Learning the patterns is one of the best protections you have.

Common scam patterns

  • Fake support: someone “from the wallet team” DMs you offering help and asks for your seed phrase.
  • Phishing sites: look-alike URLs that copy a real exchange or wallet login page.
  • Giveaway scams: “Send 1, get 2 back.” Always fake.
  • Pig-butchering / romance scams: a long-built relationship that ends in a “can’t-miss investment.”
  • Malicious approvals: a site asks your wallet to approve unlimited token spending.

Red flags

  • Urgency or pressure (“act in the next 10 minutes”).
  • Guaranteed returns.
  • Requests for seed phrases, private keys or remote access to your device.

Good habits

  1. Bookmark the official sites you use and only log in from bookmarks.
  2. Turn on app-based 2FA or hardware security keys, not SMS where you can avoid it.
  3. Read every wallet prompt before you sign it.
  4. Periodically review and revoke old token approvals.
  5. If in doubt, stop. Real opportunities don’t disappear in minutes.

Draft: to be reviewed by our tutorial team.