Identifying and Avoiding Digital Currency Scams

Scammers will use all kinds of techniques to try to steal your personal information or convince you to hand over your money.

It is extremely important to remain vigilant to these kinds of schemes. This article is to help raise awareness and highlight some of the warning signs of scams as well as some tips to avoid them. Unlike bank transactions, digital currency transactions cannot be reversed which is why it is so important to be aware of the techniques used by scammers.

Warning Signs

  • If something seems to good to be true, it usually is.
  • Cloned website to appear like ours. (make sure to check the URL carefully)
  • Investments that offer or guarantee unusually high returns.
  • Emails that appear to be from Cointree that have a slightly different email address (e.g,


  • Always keep your devices up to date with the latest security patches.
  • Do regular virus scans to identify any malware on your system.
  • Cointree will never ask for your password.
  • Cointree will never ask for remote access to your computer.
  • Be careful when opening any attachments in emails. They could be malicious.

If you have any uncertainty about something or if it doesn't quite seem right, we highly recommend checking for further advice on the warning signs of scams. 


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