2022 is the year for cryptocurrency and blockchain as more and more people start to invest in the Metaverse. While most of us are still exploring how it works, scammers have already found a million ways to make a profit — by creating fake cryptocurrency trading websites and fake crypto wallet apps. Do you know how to differentiate fake websites from the legitimate ones? Read on for a list of fake crypto website 2022 as well as some tips to protect yourself!
How Fake Crypto Websites Work
Scammers create fake cryptocurrency trading platforms or fake versions of official crypto wallet to exploit victims. These fake sites tend to have similar, but slightly different domain names from the legitimate ones, sometimes making it hard for users to tell. What’s worse, some of these copycat websites even appear very high in search results and look exceptionally similar to the real versions.
To make these fake sites appear more trustworthy, scammers often show you fake testimonials or trading records:
These scam websites will even let you withdraw a small amount of money at first. Initially, after you have received your first deposits and a handful of seemingly successful investments, the sites seem perfectly legitimate.
However, as you watch their investments continue to grow, you’ll feel encouraged to invest more money. It is then that the scammers spring the trap. When you want to withdraw the earnings, the website either shuts down or declines the request. If you contact “customer service” for help, scammers might even ask you to send deposit money. Of course, you won’t retrieve even one cent.
In some other instances, the fake crypto websites are designed to be phishing pages — that is, all the credentials you enter will end up in scammers’ hands, including the password and recovery phrase of your crypto wallet and other financial details!
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A List of Fake Crypto Websites (We’ll Keep Updating)
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Tips to Protect Yourself
- Take a closer look at the web address of the website. Is it really legitimate?
- Only download apps from official platforms like Google Play Store and Apple App Store.
- If you observe any suspicious behavior when updating a crypto wallet app, immediately terminate the update and uninstall the app.
- To confirm the legitimacy of a crypto wallet app, the first time your transfer money, send only a small amount.
- Browse the web safely using Trend Micro Check. (It’s completely free!)
- Install Trend Micro Mobile Security. Its cloud-based Smart Protection Network™ and Mobile App Reputation technology can stop threats before they even reach you. Learn more about Trend Micro Mobile Security by clicking the button below.
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