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What are the common scams associated with Coinbase wallets?

avatarKarabadji AhmedDec 27, 2021 · 3 years ago3 answers

Can you provide a detailed description of the common scams that are often associated with Coinbase wallets?

What are the common scams associated with Coinbase wallets?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    One common scam associated with Coinbase wallets is phishing. Scammers may send emails or messages pretending to be from Coinbase, asking for your login credentials or personal information. It's important to always double-check the sender's email address and never click on suspicious links. Coinbase will never ask for your password or 2FA code via email or social media.
  • avatarDec 27, 2021 · 3 years ago
    Another scam to watch out for is fake Coinbase apps. Scammers may create fake mobile apps that look like the official Coinbase app, but they are designed to steal your login credentials and access your wallet. Make sure to only download apps from trusted sources like the official app stores.
  • avatarDec 27, 2021 · 3 years ago
    As a third-party expert, I can say that it's crucial to be cautious of investment scams that claim to be associated with Coinbase. Scammers may promise high returns or exclusive investment opportunities, but they are just trying to steal your money. Always do thorough research and only invest through legitimate channels.