Protection from scams: buying tokens based on instructions from Telegram

Scammers use Telegram channels to distribute instructions for buying tokens on decentralized exchanges. Users should avoid following links from such messages and connecting wallets to unknown contracts.

Dangerous Links

It is critically important not to buy tokens via DEXs, such as PancakeSwap, Uniswap, Raydium, Jupiter, SushiSwap, or Aerodrome, by following instructions from Telegram. Do not connect MetaMask, Trust Wallet, OKX Wallet, or Bybit Web3 wallets to exchange websites at the request of post authors in the messenger.

The scam works by having the victim follow a link to a decentralized exchange from a post and execute steps to buy an asset. In reality, these tokens are created by scammers specifically to steal users' funds.

Security Recommendations

• Never follow links to DEXs from messages in Telegram channels
• Do not connect your crypto wallet to websites to follow instructions from chats
• Ignore calls to buy a token supposedly from a promising project using step-by-step instructions from posts

As an additional check, you can use free AI tools, such as Bybit AI, to analyze any received instruction before executing it.