How to Stay Safe From Crypto Scams on Instagram

Humpy Adepu

Verify Accounts – Check verified badges, follower history, and past posts before trusting crypto-related Instagram profiles or influencers.

Avoid Guaranteed Returns – Scams often promise “fixed” or “risk-free” crypto profits; legitimate investments never guarantee returns.

Ignore DM Investment Offers – Authentic crypto companies never pitch investments via unsolicited Instagram direct messages.

Use Official Websites Only – Always access exchanges like Binance, Coinbase, or WazirX through bookmarked official websites.

Watch for Fake Giveaways – Celebrity or exchange giveaway scams demand upfront crypto deposits—real giveaways never require payment.

Enable Two-Factor Authentication – Protect Instagram and crypto wallets using 2FA apps like Google Authenticator or Authy.

Never Share Private Keys – No legitimate support agent will ever ask for wallet seed phrases or private keys.

Report Suspicious Accounts – Use Instagram’s report feature to flag scam profiles, fake ads, and impersonation accounts.

Cross-Check on Trusted Sources – Verify offers through CoinMarketCap, CoinDesk, or official X (Twitter) handles.

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