BCSC Logo InvestRight
humburger icon
close icon

Scammers are using the popularity and complexity of crypto assets to scam investors.

We’re here to help stop scammers from scamming you. Below you’ll find short videos that walk you through the most common crypto scams. Watch and learn. For a deeper experience visit cryptoscams.ca.

1

Ponzi Schemes

It’s the age old scheme. Reimagined for a modern world. But it’s still a scheme.

2

Crypto Giveaways

If they say they’re giving away crypto, they’re probably not. They’re just trying to lure you in.

3

Pump and Dumps

Sometimes missing out is the best part of FOMO. Just because something looks like the next best thing doesn’t mean it is.

4

Fake Crypto Websites

Just because a website looks legit doesn’t mean it is. For the record this is a very legit website.

5

Romance Scams

If you’re being propositioned with crypto, chances are it’s not love. It’s a scam.

Watch out for these common red flags

  • Guarantees are almost guaranteed to be a scam. For example “guaranteed to get rich quick.”
  • When they’re being vague or can’t answer your questions.
  • A sense of urgency. Like when someone says “Don’t miss out, need to act fast.” You can miss out on that.
  • Asking for your login details or crypto key.
  • Asking you to pay a fee or tax to get your profits.
  • Typographical errors and obvious misspellings in emails and on social media posts.
  • If it’s too good to be true. There is almost never “zero risk.”

Crypto Quiz

Test Your Crypto Asset Knowledge.

i
This quiz is designed to introduce you to the basics of crypto assets. It is not intended to provide investment or financial advice, and should not be relied upon as a substitute for such advice.
1
QUESTION 1/10

Cryptocurrencies and blockchain are the same thing.