Common scams

In plain words

Nearly every bitcoin scam is one of five stories. Giveaways: "send one, get two back" — nobody doubles money. Fake support: "tell us your seed words" — no real company ever asks. Investment sites promising steady returns — they pay old customers with new deposits, then vanish. Online "friends" who coach you onto a fake exchange. And copycat apps that imitate real wallets. Different costumes, same plot: get your coins or your seed words.

Why it matters

• Bitcoin payments don't reverse — prevention is the only protection there is.
• Every pitch has a tell: guaranteed returns, urgency, or any request for seed words.
• Know the five plots and the hundredth variation can't fool you.

Go deeper

• Phishing
• Verifying downloads
• Seed phrase