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Scams and transaction hygiene

Crypto academy · Crypto safety

Crypto safety

The idea

Common traps combine urgency, impersonation and requests for irreversible action. Verify destinations independently, be cautious with unsolicited links and never share recovery information. A small test transfer can check a route but does not establish that an investment or service is trustworthy.

A worked example

A fake giveaway may promise to return twice what you send. The ability to receive funds does not prove an intention to return them.

Try it yourself

Write a verification checklist for a mock transfer and identify which steps protect the address versus the counterparty risk.

A mistake to avoid

Treating a successful test withdrawal as a guarantee of future withdrawals or business legitimacy.

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