How to spot fake crypto apps and scam adverts

Fake apps and scam adverts are a common way people lose money in crypto. A little caution goes a long way.

Be sceptical of adverts, especially with celebrity faces or guaranteed returns.
Only download apps from official sources, and check the developer.
Type website addresses yourself rather than following links from messages.
Never share a recovery phrase or grant remote access to your device.

Check firms on the FCA Warning List, and read how to stay safe and spot scams.

Crypto is high risk and largely unregulated in the UK. You could lose all the money you invest, and most crypto is not protected by the FSCS or the Financial Ombudsman Service. This is educational information only, not financial advice. Only invest what you can afford to lose.

Risk warning Cryptoassets are high risk and volatile, and are largely unregulated in the UK. You could lose all the money you invest. Most crypto is not protected by the Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service. crypto.co.uk provides educational and comparison information only and does not provide financial advice. Always check current details directly with providers, and only invest what you can afford to lose.