They all want your crypto.
So you've done it. You've bought your first cryptocurrency. Nice!
Here's the thing: You're now a brand new target for a bunch of dishonest people who want what you bought for free. You worked for the money you used to buy your crypto. Now someone wants to steal that from you.
"Why are you writing this post?"you're probably asking.
Simple. I was the victim of a perpetrated scam yesterday. The scammers used already known means, so I was able to sniff them out, but I'm worried that new users may not be so lucky.
The scan they tried went like this:
I had a problem with my trust wallet where I couldn't send or receive any tokens. They just stayed on "pending" with no confirmations or even TXID ok Etherscan. I was scared to say the least because I had a pretty big payment coming from Ethlance that morning, and I couldn't afford to lose it.
So I jumped to the Trust wallet telegram help account, and I posted my problem and asked the mods to help.
About 10 seconds later, like 20 people were in my DM asking me what the problem was.
I answered the first person, thinking he was legit. He had the name of one of the mods, and seemed really helpful.
He asked me all about my problem, and I told him everything.
He then asked me to fill a form stating my problem. I'm telling you right now, this form looked 100% legit.
But the last option on the list was : "Enter your 12 word seed phrase to make the process faster".
Every new user should know that YOU NEVER GIVE OUT YOUR SEED PHRASE.
Even your wallet provider doesn't know it, and it will never be needed to perform any transactions, except by you.
So I waved that one off.
The second one took a different approach
He was obviously Indian, and he was trying to make me send him 0.1BTC to "clear the issues on my account". He said that my transaction was stuck on "55% pending" and sent me a really sketchy picture.
(PS: I'm really sorry I don't have screenshots. I wanted to take some, but all the scammers deleted our chats before I could.)
I played along with him and got him to send his bitcoin address. Then I pretty much ended the chat there.
He bombarded me with messages all through the night, at which point I couldn't take it any longer and just deleted his chat too.
My point for this story is that people want your crypto for nothing. They want to scam new inexperienced users for their own benefit, and that's not right.
So here are a few safety precautions to help you stay safe online:
- Never, ever share your seed phrase: To ANYONE. No one, not even your wallet provider will ever need it. Unless you want to move your wallet to a new device, you shouldn't ever need it yourself. Copy it out, print it out and keep it in a bank vault(if you have millions in crypto) or in a really safe place in your house. And don't lose it. That means losing your wallet.
- Be careful of "help groups" you join: Some of them aren't help groups at all. They are just parading as help groups, but they have the intention of scamming and defrauding you. Only join legitimate groups you can find on the company's website. And if you're automatically added to any "investment group" it's scam. Stay away from such.
- Use a super secure password: I can't stress this enough. I personally don't create any beautiful passwords. I just randomly type anything with my eyes closed, and once the limit is reached, I click on "view password", and then i copy the password on paper and keep it safe. This way, my password can never be leaked or guessed.
I hope this post helps. Thanks for reading!