Common Crypto Threats
- Phishing sites mimicking real apps.
- Fake support asking for your seed phrase.
- Scam tokens with copycat names.
- Malicious approvals draining wallets.
Essential Safety Habits
- Never share or type your seed phrase online.
- Bookmark official URLs (e.g., Jupiter, your wallet).
- Double-check token mint addresses.
- Review and revoke token approvals periodically.
- Use a hardware wallet for savings.
Verify Before You Sign
Read what each transaction actually does before approving. On Solana, be cautious with unknown programs and unexpected approval requests. When in doubt, decline.
If You're Compromised
Move remaining funds to a fresh wallet immediately, revoke approvals, and stop using the compromised seed phrase. Treat any exposed seed phrase as permanently unsafe.
Summary
Crypto's biggest risk is human error. Protect your seed phrase offline, verify every site and transaction, use hardware wallets for serious holdings, and stay skeptical of urgency and outsized promises. Master these habits and you'll avoid the scams that catch most newcomers.
Frequently Asked Questions
How do most people lose crypto?
Primarily through phishing, fake sites, exposing their seed phrase, and signing malicious transactions — not from blockchain hacks.
How can I tell if a site is fake?
Check the exact URL, use bookmarks, avoid clicking ads, and verify links from official social channels. When unsure, don't connect your wallet.