Shulou(Shulou.com)06/01 Report--

This article focuses on "how to use Bitcoin safely". Interested friends may wish to take a look at it. The method introduced in this paper is simple, fast and practical. Let's let the editor learn "how to use Bitcoin safely".

Fake Bitcoin Exchange

Whenever you come across an ad that promises to sell bitcoin at a low price, be aware that it may try to lure you to the website of a rogue cryptocurrency exchange. The main issue to consider when accessing any trading service is whether it uses HTTPS. If the Web address starts with HTTPS, all interactions between your Web browser and the service are encrypted and very secure. If it is a HTTP, it is dangerous to use such a transaction.

Another sign of fake services is trading fraud from PayPal to BTC. Such sites provide a Web form for you to enter PayPal emails and the amount of money you plan to spend. After that, a QR code appears to confirm the transaction. But in the end, all you have to do is steal your PayPal account, and you won't receive bitcoin.

Rogue Bitcoin wallet

Identifying rogue bitcoin wallets is slightly more difficult because the main goal of any wallet is to store BTC rather than trade it. As a result, such fraud is not usually intended for immediate monetary gains. In fact, they often try to trick you into installing malware that can steal sensitive data.

To identify fraudulent wallets, pay attention to suspicious marks. If they have used the service before, please ask someone you trust. View online comments and scores.

If Bitcoin Wallet is a download application, check to see if it has a dangerous code. Sites such as VirusTotal can use 22 antivirus scanning software binaries for known infections at the same time.

Phishing

Phishing is probably the most popular scam in the online world. The purpose of Bitcoin is to allow you to visit a rogue website disguised as a well-known legal service. By accessing fake services, you will not only lose your bitcoin, but also damage all your sensitive data, including your identity, and be stolen.

Malicious phishing emails may seem to originate from the transaction or wallet service you are using. After major data leaks such as the notorious Yahoo hackers, online swindlers can get your personal information.

The general rule is to avoid clicking hyperlinks in e-mail messages. Malicious hyperlinks look completely real. It uses several redirection steps to eventually take you to a hacker-controlled site. To stay away from this danger, type URL directly in your browser or use bookmarks.

You should often use attachments to handle email, which is often used to send viruses such as blackmail software.

Fraudsters can also use online advertising or black search engine optimization to guide you to fake Bitcoin exchanges or wallets, while Google searches for keywords such as "buy Bitcoin" or "Bitcoin transactions". Phishing sites will often appear in popular search results. Third, use VirusTotal to check whether the website is secure.

Bitcoin Ponzi scheme

Some websites offer attractive BTC deals. They look too good to be true. That's because they're lying. According to them, you can triple BTC the next day. This is a typical Ponzi scheme. Once you send bitcoin, your chances of getting the initial quantity are very low.

Such sites usually include referral programs that allow their members to get some cash from new customer leads. Therefore, recommended links in URL on social media should serve as warning signs. The recommended link is something like this: website.com/?ref = 826.

False promise of cloud mining

Cloud mining involves a model in which individuals come together and invest money to rent bitcoin mining equipment. It's a great idea. It's perfectly legal. However, swindlers launch their scams to attract interested people and ultimately reduce the return on investment, rather than fulfilling their promises.

To avoid cloud capture fraud, pay close attention to possible risk indicators. Stay away from services sold through recommended links. Make sure the site is open and honest when it comes to mining pools, who operate it and the income you can get. Professional services typically include dashboards for managing processes and monitoring all operations.

Offline transaction crime

Bitcoin theft extends to the online world. With new legislation and controls on cryptocurrency transactions in some parts of the world, citizens are likely to buy and sell bitcoins in the usual way. These challenges have spurred the Bitcoin economy to begin offline migration. Traders began to communicate face to face.

Many cases show that Bitcoin risk trading may be risky. In April 2017, an entrepreneur from India was robbed while trying to buy BTC at a very low price. He met with the so-called dealers at the shopping mall. The liar then kidnapped and robbed him.

The lesson you can learn from this kind of offline cybercrime is that it's best not to exchange BTC with unknown people in person, especially when carrying large amounts of money.

At this point, I believe you have a better understanding of "how to use Bitcoin safely". You might as well do it in practice. Here is the website, more related content can enter the relevant channels to inquire, follow us, continue to learn!

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.