Identify and Avoid Common Scams. In the crypto world, security is the most important thing.
Core Security Principles
- Never share private keys or seed phrases
- Enable Two-Factor Authentication (2FA)
- Use strong passwords and a password manager
- Beware of phishing sites and scams
- Distribute assets across multiple storage methods
Detailed Guide
Exchange Account Security
On Binance and OKX, complete these security settings:
- Google Authenticator 2FA
- Anti-phishing code
- Withdrawal whitelist
- Login device management
Sign up for Binance (code B2345) | Sign up for OKX (code B2345)
Common Scam Identification
| Scam Type | Signs | Prevention |
|---|---|---|
| Phishing | Similar but different domain | Use bookmarks |
| Fake Support | Unsolicited contact asking for info | Use official channels only |
| Airdrop Scam | Asks to connect wallet | Don’t approve blindly |
FAQ
What to do if scammed?
Immediately freeze exchange account, contact official support, preserve all evidence. On-chain transactions are usually irreversible.
Are exchanges safe?
Major exchanges like Binance and OKX have Proof of Reserves and insurance funds, offering higher security.
