Avoid these Bitcoin Phishing Scams

In this tutorial I just want to bring to your attention a few scams that I have unfortunately seen people fall for. Don’t panic but there are alot of people who lose their crypto to scammers but as long as you take precautions and don’t do anything without thinking first you will be okay

Crypto is valuable and very hard to trace it’s not like if someone scams you of money and deposits into their bank. Their isn’t much you can do if you have your Crypto taken from you. All people need to do is get your private key. So it sounds pretty simple to avoid, don’t give it out ever. Some phishing scams are incredibly elaborate.

This video is a continuation of our Electrum wallet tutorial 

 

The video was originally going to be included in the Electrum wallet tutorial but was removed as it went a little too far off track and made the video too long. So the initial Scam is related to Bitcoin/Crypto Curreny wallets and making sure that you download the official versions of the wallet from the official site. Never get a wallet off a forum if someone tells you it’s the latest version, even if it has new features. It’s quite easy to trick people into thinking they are missing out, they want the latest and greatest.