Phishing Attacks: How Scammers Steal Your Crypto and How to Stop Them
When you get a message that looks like it’s from your crypto exchange—saying your account needs verification or there’s a security alert—it’s not always what it seems. Phishing attacks, deceptive attempts to trick users into giving up private keys, passwords, or seed phrases. Also known as crypto scams, these attacks don’t need to hack your wallet—they just need you to click the wrong link. Every year, billions in crypto vanish because someone trusted a fake email, a cloned website, or a DM that looked legit. The scammers aren’t tech geniuses. They’re good at making things look real.
These attacks rely on fake websites, near-perfect copies of real crypto platforms like MetaMask, Binance, or Coinbase. You type in your password, and boom—you’ve handed over access. Or you download a fake app that looks like your wallet, and suddenly your seed phrase is in a hacker’s database. Some even send fake airdrop alerts—"Claim your 10,000 $XYZ tokens!"—that lead to a contract that drains your wallet the moment you approve it. These aren’t rare. They’re daily. Look at posts about Zedxion Exchange or Thodex—both were targets of coordinated phishing campaigns that tricked users into sending funds to fake deposit addresses.
And it’s not just exchanges. Wallet security, how you protect your private keys and recovery phrases, is your last line of defense. If you store your seed phrase on your phone, screenshot it, or share it with "support," you’re already compromised. Real crypto teams never ask for your seed phrase. Ever. If someone does, it’s a crypto exchange fraud, a scam disguised as official customer service. You’ll see this in reviews of platforms like Klickl or HTX Thailand—users got phished because they believed a fake chatbot claiming to be from the exchange.
Phishing attacks work because they exploit trust, not technology. You’re not dumb for falling for one. Even experienced traders get caught. But you can stop it. Always check URLs manually. Never click links from DMs or unsolicited emails. Bookmark your real exchange sites. Use hardware wallets. And if something feels off—trust that feeling. The most dangerous phishing attacks don’t scream "SCAM." They whisper, "Your balance is low. Click here to top up."
Below, you’ll find real cases, step-by-step guides to spotting fake sites, and how to secure your wallet before it’s too late. No fluff. Just what works.
Cryptocurrency phishing scams trick users into giving up private keys or sending crypto to fake sites. Learn how they work, the most common types, and how to protect yourself from losing everything.