How to Protect Yourself from Crypto Scams in 2026

Crypto scams have evolved alongside the industry. 2026 brings sophisticated attacks targeting both newcomers and experienced users.

Phishing: The Most Common Threat

Phishing remains the primary vector for crypto theft. Attackers create fake websites mimicking legitimate services. Users enter seed phrases or connect wallets, unknowingly granting access to their funds.

• Verify URLs: Always double-check domain names—scammers use lookalikes like "ledg3r.com"
• Bookmark official sites: Save legitimate URLs and never click links from emails or social media
• Never share seed phrases: No legitimate service will ever ask for your recovery phrase

Fake Wallet and App Scams

Malicious apps impersonating Ledger, MetaMask, and others flood app stores. These apps capture seed phrases during "setup" and drain wallets.

• Download from official sources only: Use Ledger's website, verified app store listings
• Hardware wallet advantage: Ledger devices generate keys internally—your seed never touches a phone

Social Engineering and Impersonation

Scammers impersonate support staff and influencers on Twitter, Telegram, and Discord. They promise guaranteed returns or "account verification."

• No legitimate support asks for seed phrases
• Verify through official channels: Use contact info from the company's verified website only

Smart Contract and DeFi Risks

Fake token contracts, malicious approvals, and rug pulls target DeFi users.

• Audit token contracts: Verify contract addresses before interacting
• Limit approvals: Revoke unnecessary token approvals regularly
• Research protocols: Check audit reports before depositing funds