Crypto Defense
Crypto Fraud Defense Guide: Wallet Hygiene & Transaction Safety
Crypto fraud is one of the fastest-growing scam categories. A strong defense strategy requires securing wallets, exchanges, and transaction behavior.
1. Protect Your Wallets
Implement:
Multi-factor login
Hardware wallets for large balances
Secure seed-phrase storage
Backup devices
Password managers
Never share your seed phrase — legitimate support teams will never ask.
2. Evaluate Exchanges Carefully
Check:
Registration country
Past security breaches
Withdrawal reliability
Cold-storage ratio
Avoid exchanges with unclear ownership or no regulatory presence.
3. Identify Crypto Scam Red Flags
Common tactics:
Guaranteed returns
Fake mining platforms
“Account managers”
Withdrawal fees appearing suddenly
Transfers to unknown wallets
4. Understand Transaction Irreversibility
Crypto transfers cannot be reversed without:
Exchange intervention
Law-enforcement order
On-chain freezing
This makes prevention essential.
5. Monitor Wallet Activity
Use tools for:
Address risk scoring
Exposure tracking
On-chain alerts