Crypto giveaway scams and how to spot them

[kaneki007]

I often find scammers like that, they spam in the comments column of tweets and give fake pictures if someone famous gives a giveaway. I myself if I see things like that then I immediately report the account and block it. The point is, don't trust any giveaway other than the official, first check their account.

[Mumbeeptind1963]

I often find scammers like that, they spam in the comments column of tweets and give fake pictures if someone famous gives a giveaway. I myself if I see things like that then I immediately report the account and block it. The point is, don't trust any giveaway other than the official, first check their account.

There's a lot giveaways popped out and some of them are scams, so I think we should tell it to the admin or report it, so that they will do some action to banned this kind of giveways. I think it's better if you participate only to those popular or known, also be observant and careful and don't easily attracted to their giveaways because mostly they use it as bait. Just choose carefully and always checked their account.

[Mianae]

Any twitter giveaway promo coming from a reputable personality or body it's is a scam people should avoid it. When you see a giveaway linked to any project, verify from the project website or social media handle to ensure its legit do not fall for scammers this period.

[Avirunes]

One thing is certain here, in every fake or scam giveaways you will surely be asked to make a deposit of an amount to a address either in ETH or BTC, giveaways are giveaways, no strings attached, once a giveaway turns to deposit first it's surely a scam

People who knows the proper meaning of "giveaway" will totally find it suspicious and will not fall for such trap. There are fake giveaways thatis not alone focused on asking deposit but also an individual can make a simple task done (say follow or do surveys) promising a giveaway with a lucky winner winning something.

Whatever the giveaway is, I mean deposit one are obviously a scam but always check with official from the project or exchange and verify if they are running that giveaway before participating.

[Asuspawer09]

One thing is certain here, in every fake or scam giveaways you will surely be asked to make a deposit of an amount to a address either in ETH or BTC, giveaways are giveaways, no strings attached, once a giveaway turns to deposit first it's surely a scam

I think you just need to consider this and that's all.

If a website wanted you to send a bitcoin or cryptocurrency in a certain address for sure this could be a scam since there is no assurance where the funds are going to end up.


Also, you would not really be going to send up funds for some giveaways they should be the one that supposed to send up funds since you do a small task for the giveaway.

[quality.crypto]

Any twitter giveaway promo coming from a reputable personality or body it's is a scam people should avoid it. When you see a giveaway linked to any project, verify from the project website or social media handle to ensure its legit do not fall for scammers this period.

Not only a twitter giveaway, but there are some other factors we need to consider. A company which has high supply and giving a huge amount of coins for promotions makes me think twice about the company, for investment it is not a good idea to choose that type of projects.

[Altcoin76]

Scam giveaways always looks good in the eye, meaning they have too good to be real offers and secondly it will always end in the process of asking participants to make a deposit first, it's no more a giveaway if you are asked to make a deposit

Yes they give you fake transaction running on their scam website which looks real and many new crypto members invest in that junk and they scam it.

[FanEagle]

You are a tiny bit late to the party because these twitter and other stuff has been around for longer than just 2 years and there was one that estimated to made 200k from the scam just on one account and he was still geting something after 1 year of writing the tweet.

I have always said that twitter, facebook and all other social media has to be in favor of limiting some people doing some stuff. Just because "free speech" does exist doesn't mean you can lie on the internet, that is not really a free speech thing and just because one person CAN write a scam tweet doesn't be he should be allowed to. In order to end these, there needs to be a better support from all the social media platforms to actually employ some people that checks these reports and bans those accounts.

[Lexurdania]

Crypto giveaway that gives a gift that is too large in my opinion can be identified as a scam. On Twitter, this often happens and to recognize it we can see from the number of giveaway and also whether the account is genuine or not

[cahbagus555]

On social media, I think we have to be careful in sorting out information because a lot of misleading information including information about giveaway. Big companies or legit projects will not do giveaway, especially if we are required to send a number of Bitcoin or ethereum.

[VDraci]

Giveaways don't involves any money, it's free from the team themselves so asking you to do some deposit to receive few tokens shouldn't sound right in your ear if you know what you are doing, fake giveaways are very easy to detect

[TheICE007]

Most times I get tired when I see people complaining of being scammed through give aways,if I want to share a gift why would I ask for your gift first? That's simple logic,any give away that requires you to send even the smallest amount to their wallet before joining the event is obviously a scam give away,they just want to receive from you.

[CryptoYar]

Nowadays the trend of the giveaways on twitter is going on.
Some of my friends said that Scammers can ask you to deposit money, which is perfectly right.
But I also think that they can take an email address from you, naming everyone a winner and taking email addresses can also be a trap.
I think, before joining any such giveaways, check it out whether it is a scam or Real

[Clark05]

Actually they have giveaways in the first look you can see that is scam because they offer a giveaway a lot of coins or money and no one can do that. But the others have small giveaway to make them legit even it's not do not click and register to the giveaway because most of them are target us because they want to hack our wallet so be careful of joining giveaways .

[killerfrost]

This scam is outdated and no one will be fooled by it. In 2017 I saw hundreds of people fooled by this trick. And the scammer received hundreds of ETH in just a few hours when spam twitter at major exchanges. If anyone is fooled by the present, I think they are really stupid and greedy

[Baby Dragon]

A typical fraudulent scheme involving media personalities. Moreover, the scammers went further and made virtually fake broadcasts as a whole and completely prompting the user to believe in the legality of this scam. However, one scammers did not take into account. If you are asked to send some amount of money to get even more in return, then this is 100% fraud.
I am sorry for the people who fell for this bait, but they themselves are to blame.

Cyber thieves are using different methods to fool people and make it realistic, so people won't bother looking for any information that will prove that it isn't a scam. They lure them with money, so they can easily draw attention. However, people get tricked because of their mindset that it's an opportunity to earn huge profit, but they don't know that the fraudster are just using their greediness against them. People should be aware that not every information online is trustworthy, so we should be careful, especially when it includes giving any personal data or funds.

[Wildwest]

Actually to see the scam giveaway is very easy because when we join the project we are first asked to do the money Trasfer as the main requirement then if such an incident we should be careful and do not make transactions, because now they falsify certain markets so that we believe in their project.

[rdewilde]

This is a commendable effort thus thanks for this, and I wish many more people will come across it thus learning thereof. As for me, I have seen many scam giveaways and one of the prominent ways to point them out is that they first and foremost make the reward huge and attractive and then ask for payment to get the reward after all said and done. Some also ask for private keys or tell users to sign a message with their private keys, but a greater number asks for payment.

[StephenJH]

It is easy to spot the fake giveaway from the first glance for professional scam busters Twitter and social media scammers use very-very tricky ways for masking their behavior and the time is their biggest weapon against the scam catching techniques. Masking under the shady activities is the old trick by scammers. By the way, there is an old proverb about this: You can't teach old dog new tricks

[Iyanu14]

A couple of weeks ago now, I was introduced to crypto give away on twitter by a friend.  I wasn't comfortable with it anyway probably because it was the game of luck.  No one was asked to deposit any amount of coin or USD to participate, it was based on random selection and luck.  These are give away, meaning it is free. Anything different from 'free' from organizer is a scam.