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Security Tips for Crypto Beginners

There will always be unsavory characters who will seize such opportunities (especially from a growing protocol) to cheat/scam/exploit new crypto users who might not know any better.

To avoid this, we’ve come up with a few simple tips to help you keep your funds safe and secure.

Seed phrases allow anyone to retrieve your crypto wallet and the funds held in it. Always write it down on a piece of paper, as opposed to taking a picture on your mobile phone or emailing it to yourself.

It’s easy to change user names on Telegram, and it’s common for scammers to impersonate admins to offer help and have an excuse to ask for your seed phrase and other sensitive information. Genuine admins will help you with your problem in the main group chat.

Besides creating user accounts that impersonate admins, scammers will also attempt to create fake Telegram groups that impersonate our official channels. In these channels, the scammers will offer airdrop rewards or high staking yield in exchange for your crypto assets (which will never be seen again). In case of doubt, refer to our official links found on our website:

Another common trick is for scammers to create a token with the exact same ticker symbol. Ensure you have the right token address when buying IXS from a DEX/CEX by clarifying in our community channels or by checking IX Swap documents.

So there you have it! A few guidelines to help keep your funds safe and secure.