Lesson 1 of 2 · 6 min
The most common crypto scams
How scams sound, so you recognize them instantly.
Lesson
Most crypto scams follow a few patterns. Once you know them, they become easy to spot.
Fake support
Someone replies to your post or DMs you offering "help," then asks for your recovery phrase or to connect your wallet to a site. Real support never starts conversations in DMs.
Phishing sites and fake apps
Look-alike websites and apps copy real brands. They appear in search ads, emails and texts. Type addresses yourself and use bookmarks.
Giveaways and "doubling"
"Send 1, get 2 back." Fake celebrity or company accounts promise returns. Nothing comes back.
Romance and "pig butchering"
A new online friend slowly builds trust, then introduces a "can't-lose" investment platform. Early "profits" are fake; withdrawals never work.
Fake airdrops and surprise tokens
A token appears in your wallet with a link to "claim" more. The site asks you to sign something that drains your wallet.
Impersonated jobs and tasks
"Earn crypto by completing tasks" schemes that ask you to deposit first.
Key points
- Real support never DMs you first.
- Use bookmarks, not search ads or links.
- No one doubles your crypto.
- Be wary of new online friends with investment tips.
- Surprise tokens and "claim" links are traps.
Guided practice
Scam spotter
Is each message a scam or legit?
Scenario 1 of 6
@Phantom_Support_Help
Hi! We saw your post. DM us your recovery phrase and we'll fix the bug 🙏
Quick quiz
Further reading
Official learning pages we used as sources. L2E is independent and not affiliated with these companies.