Safety and scamsBeginner
Recovery scams
After a loss, "recovery experts" contact you and promise to get your crypto back for an upfront fee.
- What it means
- It is a second scam: nothing is returned, and often a new fee or "tax" is asked for after the first one.
- What to watch
- Messages you did not ask for after posting about a loss, guarantees to recover stolen funds, and any upfront fee; reporting to the police is the usual route.
- How Compass-Alpha uses it
- Background only; not used in any figure on Compass-Alpha.
Free guides and tools
Crypto Fear & Greed IndexBitcoin DCA calculatorCrypto taxCrypto basics
More in Safety and scams
Rug pull warning signs
A rug pull is when the people behind a token take the money from its trading pool and disappear.
Fake airdrops and phishing links
Messages or tokens that promise a free airdrop to lure you to a look-alike website.
Seed phrase safety
A seed phrase is 12 or 24 words that can restore your whole wallet on any device.