Crypto scams: types and how to stay safe
Updated: 2026-10-07 · MarketRadar Whale
Scams are common in crypto because transactions cannot be reversed. Knowing the patterns is your best defense.
Most common types
- Promises of guaranteed profit
- Fake sites and bots
- Requests for your recovery phrase
- Pyramid schemes
- Private messages from fake support
Rules
- Never give your recovery phrase.
- Check the website address carefully.
- Guaranteed profit means a scam.
See the live data yourself
Free ranking of the top 100 Hyperliquid whales with profit and account value, plus a Telegram bot to follow any wallet.
Live ranking Telegram botFrequently asked questions
I was scammed, what now?
Reversing it on a blockchain is hard; keep evidence and consult the proper authorities.
Does MarketRadar Whale ask for money?
We never ask for your keys or recovery phrase.
Keep reading
- What is a rug pull?
- What is pump and dump?
- What is a Bitcoin whale and how do you track one?
- How to track whale wallets (step by step)
- Telegram whale tracker bot: free whale alerts
- Solana whales and how to track their wallets
- Memecoin whales: tracking and risks
- Free crypto signals: which are real?
- Money-flow signals
- Futures whale radar
Past results do not predict future results. This page is educational, not financial advice. — MarketRadar Whale