Warning: High Risk Zone

The crypto market is largely unregulated. Scammers are sophisticated and ruthless. Learn how to spot them before you lose your money.

Pump and Dump

Groups coordinate to buy a low-volume coin, hype it up on social media ("To the moon!"), and then sell all their holdings once the price rises, leaving new investors with worthless coins.

Rug Pulls

Developers create a new token, get people to invest, and then drain the liquidity pool, effectively stealing everyone's money and making the token untradeable.

Phishing

Fake websites, emails, or support agents trying to trick you into revealing your private keys or seed phrase. NEVER share your seed phrase.

Red Flags Checklist

  • Promises of guaranteed high returns (e.g., "1% daily profit").
  • Anonymous team with no social history.
  • Pressure to buy "now" before it's too late.
  • Asking for your seed phrase or private key to "validate" your wallet.
  • Free giveaways that require you to send crypto first.