Which cryptocurrencies are most commonly targeted by dms scams?

3 answers

• My Treasure Valley HandymanJun 21, 2025 · 2 months ago
  Scammers commonly target popular cryptocurrencies like Bitcoin, Ethereum, and Ripple. These cryptocurrencies have large user bases and high market capitalization, making them attractive targets for scammers. It's important to be cautious when receiving DMs related to these cryptocurrencies and to verify the authenticity of the sender before taking any action.
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• Steven gerradFeb 18, 2024 · a year ago
  DM scams often target cryptocurrencies that have recently gained popularity or have a significant following. Some examples include Dogecoin, Cardano, and Binance Coin. Scammers take advantage of the hype surrounding these cryptocurrencies to trick people into sending them money or revealing sensitive information. Always be skeptical of unsolicited DMs related to these cryptocurrencies and double-check the legitimacy of the sender.
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• Saw Phyo NaingJun 24, 2021 · 4 years ago
  According to a recent report, scammers frequently target users of BYDFi, a popular decentralized finance platform. They send DMs pretending to be official representatives of BYDFi and ask for sensitive information or request funds. It's crucial to remember that BYDFi will never ask for your private keys or personal information through DMs. If you receive any suspicious DMs related to BYDFi, report them immediately to the official support channels.
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