How are you? By Allah's grace, I'm doing very well.

As the cryptocurrency world has created opportunities for quick profits, it has also become a haven for scammers or fraudsters. Crypto transactions, once completed, cannot be reversed (Irreversible), and this is the opportunity that fraudsters exploit. In the current context of 2026, crypto scams have become much more advanced and technically complex than ever before.

1. Types of Common Crypto Scams

Scammers create fake websites or emails of a popular exchange (such as Binance) or wallet (such as MetaMask). When you try to log in there, they steal your password and Seed Phrase. Using deepfake videos or verified profiles of famous people on YouTube or Exe (Twitter), they say, "You send 1 Bitcoin and get 2 in return." This is completely false. This is mainly the case with new tokens or meme coins. Developers create a coin and hype it up on social media. When people invest a lot of money, the developers suddenly withdraw all the liquidity and disappear, causing the token to lose value. A stranger on a dating app or social media will befriend you. After a few weeks, they will ask you to invest in a "secret" crypto platform. Even if they show profits at first, they will freeze all your money later. There are often fake apps of popular wallets on the App Store. If you input your secret key there by mistake, all your funds will disappear.

2. How to avoid scams? (Security tips)

It is important to follow some rules to keep your hard-earned money safe. Your wallet's 12 or 24-word recovery phrase is the only key to your digital vault. Never give it to any website, email, or anyone. Even if a company's 'customer support' asks for it, you know they are a fraud. Always have 2-factor security enabled using an app like Google Authenticator. It is best to avoid SMS-based 2-factor (due to the risk of SIM swapping). Check the spelling before logging into a site (e.g. binance.com may be bínance.com instead of binance.com). It is safest to bookmark the sites. If someone guarantees double your money or unusual profits in a short time, be 99% sure that it is a scam. Do not connect your wallet by clicking on any link sent by strangers on Discord or Telegram.

3. Ensuring technical security

Security level	To-do
Hardware wallet	Always keep large amounts of funds in an offline cold wallet like Ledger or Trezor.
Revoke permissions (Revoke)	Many times we connect wallets to different sites. When you are done, remove permissions with a site like Revoke.cash.
Software updates	Always keep your crypto wallet and operating system up-to-date.

4. What to do if you are scammed?

If you are unfortunately a victim of a scam, change wallets, quickly move your remaining funds to a new wallet. If the transaction was made from an exchange, report it to their support team quickly. File a complaint with the cybercrime unit. Although the chances of getting your money back are low, it can still help track down the criminal.

Conclusion

Your security in the crypto world is entirely your responsibility. There is no bank here that will cancel your wrong transaction. So following the principle of "Don't trust, verify" is the best way to avoid scams. Today's discussion concludes here. I hope you've found it interesting. Please share your thoughts on today's topic. Prayers for everyone. May everyone be well. Amen.

Me behind the camera & keyboard

I’ve always loved sharing my passions with you — from crypto and movie reviews to photography, storytelling, and blogging. Now, continuing that creative journey, I’ve stepped into a brand-new world — Gaming ! 🎮 | 🎥 On my YouTube channel Bokhtiar The Survivor — I’m consistently working to bring you the raw thrill of my gaming experiences — the emotions, the excitement, and those unforgettable moments that make every game feel alive.