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How can I protect myself from scammers using Telegram to target cryptocurrency users?

avatarFriedman NicholsDec 17, 2021 · 3 years ago3 answers

I recently heard about scammers using Telegram to target cryptocurrency users. How can I protect myself from falling victim to these scams?

How can I protect myself from scammers using Telegram to target cryptocurrency users?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    One way to protect yourself from scammers using Telegram is to be cautious of unsolicited messages. If someone you don't know contacts you out of the blue and offers you a too-good-to-be-true investment opportunity, it's likely a scam. Always do thorough research and verify the legitimacy of any investment before committing your funds.
  • avatarDec 17, 2021 · 3 years ago
    Another important step is to enable two-factor authentication (2FA) on your cryptocurrency exchange accounts. This adds an extra layer of security and makes it harder for scammers to gain access to your funds. Additionally, avoid clicking on suspicious links or downloading files from unknown sources in Telegram messages, as they may contain malware or phishing attempts.
  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, we take the security of our users seriously. To protect yourself from scammers on Telegram, it's crucial to never share your personal information or sensitive account details with anyone, even if they claim to be from BYDFi. We will never ask for your password or private keys. If you receive any suspicious messages, please report them to our support team immediately.