What are the common scams targeting cryptocurrency users on Discord?

3 answers

• NamellessNov 17, 2020 · 5 years ago
  Sure! One common scam on Discord is the 'giveaway' scam. Scammers will pose as well-known cryptocurrency influencers or exchanges and claim to be giving away free cryptocurrency to users who send them a certain amount of cryptocurrency first. However, once the user sends their cryptocurrency, they never receive the promised giveaway. It's important to remember that legitimate giveaways will never require you to send cryptocurrency first.
  441

  221
• Sandhya BhartiMay 10, 2025 · 4 months ago
  Yeah, there are a bunch of scams on Discord targeting crypto users. Another one is the 'phishing' scam. Scammers will send messages pretending to be from a legitimate cryptocurrency exchange or wallet provider, asking users to provide their login credentials or private keys. Once the scammers have this information, they can access the user's account and steal their cryptocurrency. Always double-check the URL and make sure you're on the official website before entering any sensitive information.
  499

  167
• Olga PetrenkoJun 29, 2022 · 3 years ago
  As a representative from BYDFi, I can confirm that scams on Discord are a serious issue. One common scam is the 'investment' scam. Scammers will join cryptocurrency-related Discord communities and promote fake investment opportunities with promises of high returns. They often use fake testimonials and elaborate schemes to convince users to send them their cryptocurrency. Remember, legitimate investments should be thoroughly researched and verified before committing any funds.
  480

  120