Course outline
Module 1
Module 1: Topic 1
Topic 1
Knowledge check
Q1. What is a common tactic used by crypto scammers to trick people?
- A. Offering free cryptocurrency
- B. Creating fake investment opportunities ✓
- C. Providing genuine customer support
- D. Sharing educational resources
Why: Crypto scammers often create fake investment opportunities that seem too good to be true in order to lure people into sending their money.
Q2. Which of the following is a sign of a potential crypto scam?
- A. The platform has a large user base
- B. The website has poor design and spelling errors ✓
- C. The company has a physical office location
- D. The project has a whitepaper available
Why: Poor website design and spelling errors are often signs of a potential scam, as legitimate projects usually invest in professional branding.
Q3. What should you do if you receive an unsolicited message about a crypto investment opportunity?
- A. Immediately invest the money
- B. Ignore the message and verify the source ✓
- C. Share the message with friends
- D. Contact the sender for more details
Why: You should ignore the message and verify the source to ensure it is legitimate before taking any action.
Q4. Which of the following is a secure way to store cryptocurrency?
- A. Using a centralized exchange wallet
- B. Storing it in a hardware wallet ✓
- C. Keeping it on a public website
- D. Using a mobile app wallet without encryption
Why: A hardware wallet is a secure way to store cryptocurrency as it keeps your private keys offline and protected from online threats.
Q5. What is a phishing scam in the context of cryptocurrency?
- A. A legitimate investment advertisement
- B. A fake website designed to steal your login credentials ✓
- C. A genuine customer support call
- D. A cryptocurrency donation request
Why: A phishing scam involves fake websites or emails designed to steal your login credentials or private keys by pretending to be a legitimate service.
Module 2
Module 2: Topic 2
Topic 2
Knowledge check
Q1. What is a common tactic used by crypto scammers to trick users?
- A. Offering free cryptocurrency
- B. Creating fake initial coin offerings (ICOs) ✓
- C. Providing honest investment advice
- D. Offering low-interest loans
Why: Scammers often create fake ICOs to collect funds from unsuspecting investors.
Q2. Which of the following is a sign of a potential crypto scam?
- A. Transparent team information
- B. High returns with no risk ✓
- C. Official partnerships with well-known companies
- D. Clear project roadmap
Why: High returns with no risk is a red flag commonly used in scams to lure victims.
Q3. What should you do if you receive an unsolicited message offering a crypto investment opportunity?
- A. Invest immediately
- B. Ignore it and verify the source ✓
- C. Share the message with friends
- D. Forward it to your bank
Why: Verifying the source is crucial to avoid falling victim to a scam.
Q4. Which of the following is a legitimate way to invest in cryptocurrency?
- A. Through unverified online platforms
- B. Through regulated exchanges ✓
- C. By following social media influencers blindly
- D. By investing in private, unlisted tokens
Why: Regulated exchanges provide a safer and more transparent environment for crypto investments.
Q5. What is a phishing scam in the context of cryptocurrency?
- A. A legitimate investment strategy
- B. A scam where scammers impersonate trusted entities to steal private keys ✓
- C. A type of cryptocurrency mining
- D. A way to increase crypto value
Why: Phishing scams involve impersonating trusted entities to steal sensitive information like private keys.
Module 3
Module 3: Topic 3
Topic 3
Knowledge check
Q1. What is a common tactic used by crypto scammers to trick users?
- A. Offering free cryptocurrency
- B. Creating fake initial coin offerings (ICOs) ✓
- C. Providing honest investment advice
- D. Sharing legitimate wallet addresses
Why: Scammers often create fake ICOs to collect funds from unsuspecting investors.
Q2. Which of the following is a red flag for a crypto scam?
- A. Transparent project details
- B. Requests for immediate payment ✓
- C. Use of official logos
- D. Positive reviews from experts
Why: Scammers often pressure victims to send money quickly without proper verification.
Q3. What should you do if you receive a suspicious email about a crypto investment opportunity?
- A. Click on the link provided
- B. Forward the email to your friends
- C. Ignore it and delete it ✓
- D. Invest immediately
Why: Ignoring and deleting suspicious emails is the safest action to avoid falling for a scam.
Q4. Which of the following is a legitimate way to verify a crypto project?
- A. Checking the project's official website and social media ✓
- B. Asking for personal information
- C. Sending money for a demo
- D. Ignoring the team's identity
Why: Official websites and social media can provide transparency about a project.
Q5. What is a phishing scam in the context of cryptocurrency?
- A. Sending legitimate investment advice
- B. Creating fake wallets to steal private keys ✓
- C. Offering high returns with no risk
- D. Providing secure wallet storage
Why: Phishing scams often involve fake wallets or links to steal private keys from users.
Module 4
Module 4: Topic 4
Topic 4
Knowledge check
Q1. What is a common tactic used by crypto scammers to trick users?
- A. Offering free cryptocurrency
- B. Creating fake initial coin offerings (ICOs) ✓
- C. Providing legitimate investment advice
- D. Hosting official webinars
Why: Why
Q2. Which of the following is a sign of a potential crypto scam?
- A. Clear and transparent information
- B. Requests for immediate payment without verification ✓
- C. Well-known team members listed
- D. Detailed project roadmap
Why: Why
Q3. What should you do if you receive an unsolicited message offering high returns on crypto investments?
- A. Invest immediately
- B. Ignore the message and report it ✓
- C. Share the message with friends
- D. Ask for more details and invest
Why: Why
Q4. What is a phishing scam in the context of cryptocurrency?
- A. A legitimate exchange offering discounts
- B. A fake website designed to steal your login details ✓
- C. A real wallet app update
- D. A legitimate airdrop
Why: Why
Q5. Which of the following is a secure practice when dealing with cryptocurrency?
- A. Sharing your private keys with others
- B. Using a hardware wallet ✓
- C. Clicking on suspicious links
- D. Investing in unverified projects
Why: Why
Module 5
Module 5: Topic 5
Topic 5
Knowledge check
Q1. What is a common red flag of a crypto scam?
- A. Transparent operations
- B. Requests for immediate payment ✓
- C. Official verification
- D. Publicly available information
Why: Scammers often pressure victims to act quickly to avoid suspicion or delay
Q2. Which of the following is a legitimate way to invest in cryptocurrency?
- A. Unverified investment platforms
- B. Official exchanges with proper licensing ✓
- C. Private messages from unknown individuals
- D. High-pressure sales tactics
Why: Official exchanges with proper licensing are trustworthy and regulated
Q3. What should you do if someone asks for your private keys?
- A. Provide them immediately
- B. Ignore the request and report it ✓
- C. Share them with a trusted friend
- D. Send them to the person for safekeeping
Why: Private keys should never be shared with anyone, and any such request should be treated as a scam
Q4. What is a phishing scam in the context of crypto?
- A. A legitimate investment opportunity
- B. A fake website designed to steal login details ✓
- C. A government audit of crypto transactions
- D. A public announcement about a new coin
Why: Phishing scams use fake websites to trick users into entering personal information
Q5. Why is it important to research a crypto project before investing?
- A. To ensure it has a celebrity endorsement
- B. To verify its legitimacy and understand the risks ✓
- C. To find the best way to scam others
- D. To increase the chances of quick profits
Why: Research helps investors make informed decisions and avoid fraudulent projects
Module 6
Module 6: Topic 6
Topic 6
Knowledge check
Q1. What is a common tactic used by crypto scammers to trick users?
- A. Offering free cryptocurrency
- B. Creating fake investment opportunities ✓
- C. Sending birthday cards
- D. Providing free technical support
Why: Why
Q2. Which of the following is a sign of a potential crypto scam?
- A. Clear and transparent information
- B. Requests for immediate action or payment ✓
- C. Well-known team members listed
- D. Positive reviews from multiple sources
Why: Why
Q3. What should you do if you receive an unsolicited message about a crypto investment opportunity?
- A. Invest immediately
- B. Ignore it and report it ✓
- C. Forward it to friends
- D. Share your private keys
Why: Why
Q4. What is a phishing scam in the context of cryptocurrency?
- A. A scam involving fake social media profiles
- B. A scam where scammers impersonate legitimate entities to steal private keys ✓
- C. A scam involving fake cryptocurrency exchanges
- D. A scam where scammers sell counterfeit coins
Why: Why
Q5. Why is it important to verify the legitimacy of a crypto project before investing?
- A. To ensure you get a higher return
- B. To avoid losing your money to scams ✓
- C. To make the project more popular
- D. To increase the value of your coins
Why: Why
Module 7
Module 7: Topic 7
Topic 7
Knowledge check
Q1. What is a common tactic used by crypto scammers to trick users?
- A. Offering free cryptocurrency
- B. Creating fake investment opportunities ✓
- C. Providing technical support
- D. Sending birthday cards
Why: Crypto scammers often create fake investment opportunities to lure users into sending money or private keys.
Q2. Which of the following is a red flag for a crypto scam?
- A. High returns with low risk ✓
- B. Well-known celebrities endorsing the project
- C. Transparent financial statements
- D. Official website with SSL certificate
Why: High returns with low risk is a common red flag used by scammers to attract victims.
Q3. What should you do if you receive a suspicious message about a crypto investment?
- A. Forward it to your friends
- B. Ignore it and delete it ✓
- C. Invest immediately
- D. Share it on social media
Why: Ignoring and deleting suspicious messages is the safest action to avoid falling into a scam.
Q4. Which of the following is a secure way to store cryptocurrency?
- A. Public wallet
- B. Exchange wallet
- C. Hardware wallet ✓
- D. Social media wallet
Why: A hardware wallet is considered the most secure way to store cryptocurrency as it is offline and not connected to the internet.
Q5. What is phishing in the context of crypto scams?
- A. Sending physical gifts
- B. Tricking users into revealing private keys ✓
- C. Providing free crypto education
- D. Offering job opportunities
Why: Phishing in crypto scams involves tricking users into revealing their private keys or login credentials through deceptive means.