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Types of crypto scam

A catalogue of scam mechanics, so a reader recognises one in progress.

Swapping coins without connecting a wallet or giving an email — the full guide to this subject.

Guides on this site

What are fake mining pool apps that never pay out rewards?

Fake mining pool apps are mobile or desktop applications that impersonate legitimate cryptocurrency mining ...

What happens if you share your screen during a crypto support call?

If you share your screen during a crypto support call with someone who is not a legitimate support agent, y...

What Is a Pig Butchering Scam That Combines Romance and Fake Crypto Investments?

A pig butchering scam is a long-term fraud in which a criminal builds a romantic or friendly relationship w...

What Is an ICE Phishing Attack That Drains Your Wallet Through a Fake Site?

An ICE Phishing attack is a scam where a fake website mimics a legitimate cryptocurrency service, tricks yo...

How to Revoke Smart Contract Permissions After a Suspicious Approval

If you suspect you have approved a malicious smart contract to spend your tokens, the single most effective...

What Is a Fake Airdrop Scam That Requires You to Connect Your Wallet?

A fake airdrop scam is a type of crypto fraud where attackers promise free tokens in exchange for connectin...

Can a swap site take my coins if I never create an account

Yes, a swap site can still take your coins even if you never create an account. The absence of an account d...

Does a non-custodial swap mean the site never touches my private keys

Yes, a non-custodial swap means the site never touches your private keys. That is the defining feature of t...

How a swap service can link my trades together without a login

It links them by fingerprinting your device, network, and behaviour, then storing that profile under a pseu...

How do I know a swap site is not just a frontend for a mixer or a scam

You cannot know with certainty, but you can reduce the risk by examining the site's technical architecture,...

What happens to my transaction data after a custodial swap is completed

The site holds a record of your transaction for a period of time, then deletes it or strips it of identifie...

What information does my browser automatically share with a swap platform

Your browser automatically shares your IP address, device type, operating system, browser version, screen r...

What stops a no-registration exchange from running off with the deposit

Nothing structural stops it. The honest answer is that a no-registration exchange can run off with your dep...

Why some no-account swaps still ask for an email or a refund address

They ask for an email or a refund address to give you a way to recover funds if the swap fails, not to trac...

Recovery scams targeting previous crypto scam victims

You have already lost money to a crypto scam. The worst part might still be coming.

Rug pull scams and liquidity removal explained

A rug pull is a scam where developers create a token, inflate its price, then drain all liquidity, leaving ...

Seed phrase solicitation by impersonation scams

Impersonation scams are the most direct threat to self-custody. They bypass technical defenses entirely. At...

SIM swap attack bypassing crypto two-factor authentication

A SIM swap attack exploits the weakest link in SMS-based two-factor authentication. The scam begins with so...

Address poisoning scam tainting your crypto transaction history

You copy an address from your history. You paste it. You think you are sending to the right person. In that...

Clipboard hijacking replacing your copied crypto wallet address

Clipboard hijacking is a targeted form of malware that watches the system clipboard for patterns matching c...

Counterfeit Token Ticker Impersonation on Uniswap and DEXs

Decentralized exchanges like Uniswap and PancakeSwap operate without gatekeepers. Anyone can create a tradi...

How to Spot a Crypto Phishing Link in Emails and DMs

Phishing links are the most common entry point for crypto theft. They arrive through channels you use every...

Dusting attack linking your crypto wallet to real identity

A dusting attack is a method of surveillance, not theft. An attacker sends a tiny, nearly worthless amount ...

Fake crypto job offers requiring an upfront deposit

You receive a message about a remote job. The pay is good, the hours are flexible, and the recruiter is fri...

Fake token approvals that drain your crypto wallet

You click "approve" on what looks like a free airdrop claim. Your wallet asks you to confirm a transaction....

Honeypot token scam with an unsellable smart contract

A honeypot token looks legitimate. You can buy it. The trap is that you cannot sell it, because the smart c...

Pump and Dump Crypto Scams and Coordinated Price Inflation

A pump and dump is not a project failing. It is a project that never existed as one. The price rises becaus...

Swap crypto

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You send from your own wallet straight to the exchanger — nothing to connect, no account, and you stay on this page throughout. Rates are indicative until a swap is opened.

The swap is carried out by an independent exchanger and the deposit address above is theirs. watifsol.xyz never holds, receives or controls your funds, has no key to that address, and earns a referral commission. Opening a swap sends your receiving address, IP, browser and timezone to the exchanger for their compliance checks; we store none of it. Check their terms, fees and country restrictions before sending anything.

Latest from watifsol.xyz

What are fake mining pool apps that never pay out rewards?

Fake mining pool apps are mobile or desktop applications that impersonate legitimate cryptocurrency mining pools, promising users a share of mining rewards in exchange for an upfront investment or ongoing fees. In reality, these apps perform no mining and never distribute any payouts - they exist so

What happens if you share your screen during a crypto support call?

If you share your screen during a crypto support call with someone who is not a legitimate support agent, you are giving them direct visibility into your wallet addresses, balances, transaction history, private keys if they appear on screen, and any passwords or recovery phrases you type. In a typic

What Is an ICE Phishing Attack That Drains Your Wallet Through a Fake Site?

An ICE Phishing attack is a scam where a fake website mimics a legitimate cryptocurrency service, tricks you into connecting your wallet, and then executes a transaction that gives the attacker unlimited approval to drain your tokens. The "ICE" stands for "Infinite Contract Execution" or "Infinite C

How to Revoke Smart Contract Permissions After a Suspicious Approval

If you suspect you have approved a malicious smart contract to spend your tokens, the single most effective action is to revoke that permission immediately using a token approval checker and a revocation tool. This process severs the contract's access to your funds before it can drain them, and it w

What Is a Fake Airdrop Scam That Requires You to Connect Your Wallet?

A fake airdrop scam is a type of crypto fraud where attackers promise free tokens in exchange for connecting your wallet to a malicious website or smart contract. The real goal is not to give you anything - it is to drain your wallet by tricking you into approving a transaction that gives the scamme

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Crypto prices right now

Bitcoin (BTC)
$78,624
▼ -0.51% down 24h
Ethereum (ETH)
$2,464
▼ -1.95% down 24h
Solana (SOL)
$102.57
▼ -3.72% down 24h

How to convert crypto: on-chain vs off-chain

Off-chain (on an exchange)

Your trade happens inside the exchange's own ledger. Nothing touches the blockchain until you withdraw.

  • Cheapest and fastest for common pairs
  • Needs an account and usually ID verification
  • The exchange holds the coins until you withdraw them
  • Best for converting to and from cash

On-chain (a DEX or swap)

You swap from your own wallet. The transaction settles on the chain and you pay its fee.

  • No account, no custodian — you keep the keys
  • You pay network fees, which vary a lot by chain
  • Small or new tokens often only trade here
  • Slippage and thin liquidity are real costs on low-volume pairs
Before any on-chain swap: check the token's contract address against a block explorer, start with a small test amount, and review what you are approving — an unlimited token approval to an unknown contract is how most wallet drains actually happen.

Not financial advice. watifsol.xyz publishes market data and general information about digital assets. Crypto assets are volatile and you can lose everything you put in. Nothing here is a recommendation to buy, sell or hold, and we make no price predictions.

Prices are sourced from third parties and may be delayed or wrong. Verify anything you intend to act on against a primary source.