Scammers are tricking people to log into fake cryptocurrency exchange sites, and they're incredibly hard to spot
As seen in the cryptocurrency subreddit, scammers have found a way to make their website addresses (URLs) look just like the authentic URLs of some popular cryptocurrency exchange sites, like Binance and Bittrex.
Unfortunately for the unsuspecting crypto trader, using your login credentials on a scam site can lead to theft of your cryptocurrency or your regular government-minted money.
Cautious cryptocurrency traders are absolutely right to look for that green "https" tag that usually comes before a website's URL in a browser address bar. That tag helps users identify if a website is legitimate or not. But they may want to have a closer look at the URL next time they sign into their cryptocurrency exchange.
Check out how scammers can get by your defenses, even if you think you're being vigilant:
The Bitcoin 101 Report by the BI Intelligence Research Team.
Get the Report Now »
- Global stocks rally even as Sensex, Nifty fall sharply on Friday
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
- COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study