How to Play Crypto Safely on TON and Telegram

Bittime - As the TON and Telegram ecosystem continues to grow rapidly, with more than 38 million active accounts, increased interest also brings greater risks. So, this article will explain tips on how to play crypto to stay safe on TON and Telegram.

Fraudsters and malicious actors are increasingly targeting new, less experienced users. They seek to capitalize on TON and Telegram's efforts in making crypto more accessible to everyone. 

While crypto offers exciting opportunities, it is important to remain aware of the potential risks. Even if the ecosystem is considered the safest. This article will guide you through the most common types of scams and provide tips on how to protect yourself.

Most Common Forms of Scam

1. Friend in need: Scammers pose as friends or family, asking for money with urgency. Always verify their identity.

2. Phishing: Fake websites impersonate genuine sites to steal login details. Verify URLs and avoid unsolicited links.

3. Investment Fraud: Promises high returns without proof. Do thorough research; If it sounds too good to be true, it probably is.

4. Fake Surveys: Offering rewards for participation in surveys to steal personal info. Avoid sharing details with unknown surveyors.

5. Fake Job Offers: Interesting job ads that ask for personal info or payment. Verify through official channels.

6. Classified Ad Fraud: Fake listings that redirect you to fraudulent Telegram bots to steal information.

7. Pump and Dump: Groups that manipulate crypto prices for profit, leaving losses for other investors. Always research and verify investment advice.

8. Romance Scam: Online relationships in which the fraudster asks for money or personal information. Be wary of online acquaintances who ask for money.

Beware of Toncoin Pyramid Scam

Telegram's support for the TON Blockchain has unfortunately attracted the attention of fraudsters looking to prey on unsuspecting users. Here are the details of the Toncoin pyramid scam:

1. Set Up: Scammers send links to “exclusive earning programs” that appear to come from friends or contacts. They direct users to join unofficial Telegram bots, which falsely claim to store crypto.

2. Investment: Users are asked to purchase Toncoin through official channels such as Wallet, P2P markets, or crypto exchanges. This adds false credibility. After purchasing, users must transfer their Toncoins to the fraud bot.

3. Boosters: Victims are encouraged to purchase “boosters” via a separate bot, costing between 5 to 500 Toncoins. At this point, users lose their crypto.

4. Recruitment: Scammers promote referral programs, asking users to create private Telegram groups and invite friends. They promise income from a fixed payment of 25 TON per referral and commission based on the boosters purchased by the referral.

In reality, this is a classic pyramid scheme. Fraudsters make money while everyone else loses their investments.

How to Play Crypto Safely on TON and Telegram

To protect yourself from online fraud and ensure the security of your Telegram account, follow these important steps:

1. Enable Two-Step Verification on Telegram: Go to Settings > Privacy and Security > Two-Step Verification to add extra security to your account.

2. Contact Verification: Be wary of unsolicited messages asking for personal information or money. Confirm the sender's identity through other means.

3. Check Telegram Account Activity Regularly: Go to Settings > Devices > Active Sessions to check for unknown devices or sessions logged into your account.

4. Report Suspicious Activity: If you encounter fraud, report it to Telegram.

5. Avoid Get Rich Quick Schemes: Be wary of schemes, even if promoted by friends or family—they may be unwitting victims.

6. Never Transfer Crypto to Unknown Wallets: Always verify the recipient before transferring crypto to avoid fraud.

Conclusion

Playing crypto on TON and Telegram requires vigilance and awareness. By recognizing common scams and following these security tips, you can protect your assets and personal information. 

Always verify sources, be skeptical of offers that sound too good to be true, and use only official channels for transactions. By staying informed and careful, you can enjoy the benefits of TON and Telegram without becoming a victim of fraud!

How to Buy Crypto on Bittime

You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime. 

Monitor graphic movement of Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.