Scammers are always looking for new ways to steal your money, and the massive growth of cryptocurrency in recent years has created plenty of opportunities for fraud.

<aside> ❗ NEVER share your wallet private keys, seed phrases, or secret recovery phrases, with anyone!

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You probably have stories about people who lost their crypto due to losing control of their web3 wallet. Never share your private key or seed phrase with anyone. Instead, we recommend storing that information somewhere offline.

<aside> ❗ If you lose you seed phrase, you will lose all your assets

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If you lose your seed phrase you will not be able to sign transactions for your account, meaning your assets are essentially frozen. In addition, most wallets require your seed phrase for login, so you will not be able to access these either. Make sure you backup your seed phrases and private keys!

<aside> ❗ Fake MetaMask Security Emails

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There are many MetaMask emails with different subjects, including newsletter, notifications, and security alert emails that falsely claim your MetaMask wallet is going to be suspended for some security issue and to retrieve your wallet, you are prompted to click on an embedded link in the email to verify your account. The link then takes you to a fake MetaMask website. The fake MetaMask website looks nearly 100% identical to the genuine one. Please take a look at the email and web address carefully – the legitimate domain of MetaMask should be metamask.io!

<aside> ❗ Crypto scams in Discord

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Scammers are luring Discord users to a fake cryptocurrency exchange with the promise of free Bitcoin or Ethereum.

• First they send you a message saying that you have won free crypto and that you have to register on some shady exchange to get your gift
• Once you go on that website they will ask you to deposit some account in order to receive your gift, but as you deposit something in you won’t be able to ever withdraw anything from it because it’s a total scam