Phishing
Phishing is a scam where attackers trick users into revealing private information or signing harmful transactions.
✦ Key Insight
Phishing is one of the most common ways people lose crypto.
✕ Common Misconceptions
Clicking sponsored fake links, trusting DMs, or signing transactions without reading them.
Detailed Explanation
How It Works
Scammers use fake websites, fake support accounts, fake airdrops, or malicious wallet prompts.
FAQs
Will real support ask for my seed phrase?
Never.
In Practice
Dig Deeper
Private Key
A private key is a secret cryptographic code that proves ownership of crypto assets and allows the holder to authorize transactions.
Wallet
A crypto wallet is a tool that stores the keys needed to access, manage, and transfer cryptocurrency. It can be software-based, hardware-based, mobile, desktop, browser-based, or even paper-based in older setups.
Seed Phrase
A seed phrase is a set of words that acts as the master backup for a crypto wallet.