Safety and scamsBeginner
Social engineering
Manipulating people instead of hacking systems, so that you hand over access or coins yourself.
- What it means
- Scammers use authority ("I'm from the exchange"), fear, urgency and trust built step by step to get you to act before you check.
- What to watch
- Contact you did not start, pressure to act within minutes, small harmless questions that lead to codes, logins or moving your coins.
- 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.