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Home»Business»How To Avoid Crypto Scams – Guide From KuCoin
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How To Avoid Crypto Scams – Guide From KuCoin

thomasBy thomasAugust 1, 2022No Comments3 Mins Read
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Scams are the worst things to experience, as you can lose your entire life’s savings because of one. On the internet, such scams are very common, and to avoid getting scammed, here is a guide from Kucoin. Kucoin is a great Crypto Exchange platform where you can find information on any crypto currency, such as ADA/BTC exchange rates or SHIB Prices. On Kucoin, the security is outstanding, as it is run by competent information technology and security personnel who make use of the latest technology and methods to ensure users’ accounts’ and assets’ safety. Let us delve into how to avoid being scammed.

How To Avoid Being Scammed On Kucoin

First of all, make sure that when you receive any email, phone call, or have any kind of contact with someone claiming to be from Kucoin’s team, copy the contact number, email address, or the form of contact, and go to Kucoin’s official media verification website, which you can access through their homepage, and paste the contact information there. If the contact information belongs to someone from the Kucoin team, you will be notified, and if not, you will also be notified.  You should also bookmark the original website, so you do not end up on a phishing website.

Users must set up an email phrase, login phrase, and transaction phrase on Kucoin’s platform so that when contacted by the original Kucoin team, they can use the phrase to ensure that you are not being scammed. Enabling two-factor authorization is also a great way to avoid being hacked or scammed.

Users should also use auto-fill when accessing the website to avoid being scammed, as you will revisit Kucoin’s website when using auto-fill.

Users should also be wary of fake ads on google searches, and users must pay close attention to the link address, not just what the link says. A link might say it is Kucoin.com, but the address might be something else.

Users must also be wary of suspicious contacts, such as emails from people claiming to be Kucoin’s team. Suspicious emails will ask you for your login details, and other suspicious emails might say your account has been locked with an attached link which will hijack your true account. Users must be extremely cautious when clicking suspicious links. Instead, it is heavily suggested that users do not click such links.

Users must also question everything they see to ensure their own safety. Some things to look out for might be broken English, broken grammar, spelling mistakes, wrong colors, incomplete URL addresses, and links that say they will give you unrealistic rewards for just clicking on them.

Conclusion

Ultimately, it is the users’ responsibility to stay safe, but Kucoin offers its users help to stay safe. Using their Official media verification method is the most reliable as it can confirm whether you truly were contacted by the Kucoin team or not. Users must remain vigilant for their and their assets’ safety.

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