How to avoid losing crypto through scams like BITCOIN BSC scam

What is BITCOIN BSC scam?

Upon conducting an analysis of BITCOIN BSC scam, our findings reveal it to be a fraudulent scheme. Disguised under the guise of a legitimate platform for staking Bitcoins and getting rewards, this site operates with the sole intent of deceiving unsuspecting users (stealing their cryptocurrency).

BITCOIN BSC scam in detail

The real Bitcoin BSC ($BTCBSC) has surfaced as a sustainable cryptocurrency, distinguishing itself as an environmentally conscious option compared to Bitcoin. Utilizing the eco-friendly BNB smart chain, $BTCBSC endeavors to mitigate environmental issues linked with conventional cryptocurrencies, notably addressing Bitcoin's significant energy consumption.

The BITCOIN BSC scam page described in this article masquerades as a platform for buying $BTCBSC. This scam page offers the opportunity to purchase $BTCBSC tokens during its presale phase at an enticingly low price of $0.99 per token, reminiscent of Bitcoin's early days in 2011 when it was available at a comparable price.

This scam site also claims that during the presale, a significant portion of the token supply, comprising 29% or 6,125,000 tokens, will be made available for purchase, resulting in an initial market capitalization of $6,063,750.

Additionally, the website outlines that the remaining 14,455,000 $BTCBSC tokens are reserved for staking rewards, enticing potential investors with the promise of future returns. The purpose of this page is to trick users into "connecting" their wallets to add $BTCBSC.

Upon "connecting" a wallet, a malicious contract is signed, triggering the activation of a cryptocurrency drainer. This drainer automatically transfers the victim's cryptocurrency funds to the scammer's wallet. After funds are moved from one wallet to another, they become irretrievable.

This highlights the significance of exercising prudence and conducting comprehensive research before participating in cryptocurrency transactions, aiming to minimize the likelihood of becoming prey to scams.

Threat Summary:

Name	BITCOIN BSC fake crypto platform
Threat Type	Phishing, Scam, Social Engineering, Fraud
Fake Claim	Participants can stake cryptocurrency and earn rewards
Disguise	Legitimate platform for staking Bitcoins
Scammer's Wallet	0x291BE4B6eA733148ad1D2489dd59dA28F92b710E
Related Domain	cryptotradingspot[.]com
Detection Names (cryptotradingspot[.]com)	N/A (VirusTotal)
Symptoms	Lack of official verification, unrealistic claims, too good-to-be-true promises.
Distribution methods	Compromised social media accounts, rogue online pop-up ads, phishing emails, unwanted applications.
Damage	Loss of sensitive private information, monetary loss, identity theft, possible malware infections.
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Similar scams in general

In conclusion, individuals must remain vigilant and skeptical when encountering investment opportunities, especially in the realm of cryptocurrency. By exercising caution, conducting thorough research, and being wary of common red flags, such as unrealistic promises or requests for personal information, individuals can better protect themselves from falling victim to scams.

Verifying the legitimacy of platforms and investments before committing funds is paramount in safeguarding one's financial well-being in the increasingly complex landscape of digital assets. More examples of scams involving crypto drainers are "Nim Rolldrop", "LIDO Staking", and "X World Games Airdrop".

How did I open a scam website?

Fraudsters utilize diverse strategies to propagate their scams, with one prevalent approach being the hijacking of verified social media profiles. These can range from the accounts of well-known personalities to those of established companies. Through these compromised platforms, scammers entice users to visit their fraudulent websites and fall victim to their ploys.

Moreover, users may stumble upon scam pages via misleading advertisements, intrusive pop-ups, or notifications originating from dubious pages. Also, scammers often register domain names that closely mimic those of legitimate projects, aiming to mislead users and lure them into their deceitful schemes.

Additionally, users can inadvertently land on scam-hosting pages while browsing websites that employ rogue advertising networks, such as torrent sites or illegal movie streaming pages.

How to avoid visiting scam pages?

Before entering personal information, transferring money, or performing other actions, verify website URLs to ensure they match official domains. Be cautious when engaging with online advertisements and pop-ups on dubious websites. Exercise vigilance when handling unsolicited emails containing links, particularly if they are unexpected or from unfamiliar senders.

Refrain from allowing notifications from untrustworthy websites or downloading software from unofficial sources such as third-party app stores, unofficial websites, or P2P networks. Stick to official pages and app stores for software downloads to mitigate potential risks. If your computer is already infected with unwanted apps, we recommend running a scan with Combo Cleaner Antivirus for Windows to automatically eliminate them.

The appearance of "BITCOIN BSC" scam (GIF):

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Quick menu:

• What is BITCOIN BSC fake crypto platform?
• How to identify a pop-up scam?
• How do pop-up scams work?
• How to remove fake pop-ups?
• How to prevent fake pop-ups?
• What to do if you fell for a pop-up scam?

How to identify a pop-up scam?

Pop-up windows with various fake messages are a common type of lures cybercriminals use. They collect sensitive personal data, trick Internet users into calling fake tech support numbers, subscribe to useless online services, invest in shady cryptocurrency schemes, etc.

While in the majority of cases these pop-ups don't infect users' devices with malware, they can cause direct monetary loss or could result in identity theft.

Cybercriminals strive to create their rogue pop-up windows to look trustworthy, however, scams typically have the following characteristics:

• Spelling mistakes and non-professional images - Closely inspect the information displayed in a pop-up. Spelling mistakes and unprofessional images could be a sign of a scam.
• Sense of urgency - Countdown timer with a couple of minutes on it, asking you to enter your personal information or subscribe to some online service.
• Statements that you won something - If you haven't participated in a lottery, online competition, etc., and you see a pop-up window stating that you won.
• Computer or mobile device scan - A pop-up window that scans your device and informs of detected issues - is undoubtedly a scam; webpages cannot perform such actions.
• Exclusivity - Pop-up windows stating that only you are given secret access to a financial scheme that can quickly make you rich.

Example of a pop-up scam:

How do pop-up scams work?

Cybercriminals and deceptive marketers usually use various advertising networks, search engine poisoning techniques, and shady websites to generate traffic to their pop-ups. Users land on their online lures after clicking on fake download buttons, using a torrent website, or simply clicking on an Internet search engine result.

Based on users' location and device information, they are presented with a scam pop-up. Lures presented in such pop-ups range from get-rich-quick schemes to fake virus scans.

How to remove fake pop-ups?

In most cases, pop-up scams do not infect users' devices with malware. If you encountered a scam pop-up, simply closing it should be enough. In some cases scam, pop-ups may be hard to close; in such cases - close your Internet browser and restart it.

In extremely rare cases, you might need to reset your Internet browser. For this, use our instructions explaining how to reset Internet browser settings.

How to prevent fake pop-ups?

To prevent seeing pop-up scams, you should visit only reputable websites. Torrent, Crack, free online movie streaming, YouTube video download, and other websites of similar reputation commonly redirect Internet users to pop-up scams.

To minimize the risk of encountering pop-up scams, you should keep your Internet browsers up-to-date and use reputable anti-malware application. For this purpose, we recommend Combo Cleaner Antivirus for Windows.

What to do if you fell for a pop-up scam?

This depends on the type of scam that you fell for. Most commonly, pop-up scams try to trick users into sending money, giving away personal information, or giving access to one's device.

• If you sent money to scammers: You should contact your financial institution and explain that you were scammed. If informed promptly, there's a chance to get your money back.
• If you gave away your personal information: You should change your passwords and enable two-factor authentication in all online services that you use. Visit Federal Trade Commission to report identity theft and get personalized recovery steps.
• If you let scammers connect to your device: You should scan your computer with reputable anti-malware (we recommend Combo Cleaner Antivirus for Windows) - cyber criminals could have planted trojans, keyloggers, and other malware, don't use your computer until removing possible threats.
• Help other Internet users: report Internet scams to Federal Trade Commission.

Frequently Asked Questions (FAQ)

What is a crypto scam?

Most cryptocurrency scams are designed to dupe individuals into either transferring their cryptocurrency holdings or disclosing sensitive information. These scams commonly employ deceptive tactics and false promises to ensnare unsuspecting victims, exploiting their trust and lack of awareness.

Is it possible to retrieve lost crypto funds?

Recovering lost cryptocurrency funds is often an arduous task, if not entirely impossible. The decentralized and anonymous nature of cryptocurrency networks poses significant hurdles to tracing and retrieving lost funds resulting from scams, theft, or other causes.

Why do I encounter crypto scams?

Fraudulent schemes are disseminated by scammers through unsolicited emails, social media platforms, compromised online profiles, deceptive advertisements, and pop-ups on unreliable websites. Additionally, websites linked to rogue advertising networks, such as torrent sites or illicit movie streaming pages, are commonly utilized for this purpose.

Will Combo Cleaner protect me from scams?

Combo Cleaner incorporates scanning capabilities to swiftly analyze websites, effectively pinpointing scam pages. Upon detection, users are promptly notified, and access restrictions are immediately implemented.

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