How can #加密安全见解# effectively avoid being scammed in the process of investing in the crypto market? Here are some common types of scams and tips to avoid them, I hope it can help you!

Common types of scams:
1. Fake exchanges/wallets: Fake the interface of a well-known platform to induce users to enter account information.
2 Ponzi Scam (Money Plate): Promises ultra-high rebates, using new investors' funds to pay early investors' gains, and the risk is that the new funds will not cover the gains in the event of a crash.
3 CX model (hierarchical distribution): through multi-level head distribution, the bottom investors transfuse blood for the upper level, and the risk is that no one will take over in the later stage, and the capital chain will be broken.
4. Fake trading volume (brush volume scam): The exchange or project party falsifies transaction data to create the illusion of market activity, and the risk is to mislead investors into encountering insufficient liquidity or price manipulation after entering the market.
5 Mining machine/hashrate scam: Selling fake mining machines or hashrate contracts, promising high returns, the risk is that the mining machine has no actual output or cannot be withdrawn.
6 Phishing: Fraudsters steal investors' assets by forging emails, text messages, or websites to trick them into obtaining personal information
Advice to avoid scams:
1. Verify the source of information: Verify the authenticity of the project's official website, team background, and audit report, and be wary of "inside information" from unofficial channels.
2. Protect privacy information: Never disclose the private key and mnemonic phrase to others, and use hardware wallets to store large amounts of assets.
3. Treat high returns rationally: Projects that promise an annualized rate of more than 50% need to be highly vigilant and do not participate in "steady profits, no losses" and "lying earns" publicity.
4 Choose a compliant platform: Prioritize regulated exchanges such as Gate. IO to avoid over-the-counter transactions or small platform operations.
5. Learn technical knowledge: understand the risks of smart contracts, carefully authorize DApp permissions, and master skills such as blockchain address verification and transaction hash query.
6 Be wary of social media and unsolicited messages: Make sure your website is secure before entering any sensitive information!
By being vigilant and taking appropriate precautions, we can avoid scams in the crypto market to a certain extent and protect our property. #Gate.io 12周年#