Stay Alert: Never Transfer Funds to Strangers

When engaging in cryptocurrency transactions, always stay vigilant to avoid falling victim to scams. Below are common scam tactics and tips to protect yourself:

Common Scam Tactics

  • Fake High-Return Investments Promises of “high returns with zero risk” to lure users into transferring funds for fake investment projects.

  • Fake Exchange Services Claims to offer quick crypto-to-fiat conversion (or vice versa), leading users to transfer funds and then disappear.

  • Impersonating Official Representatives Scammers posing as official staff through unofficial channels, asking for personal information or fund transfers.

How to Protect Yourself:

  • Stay Cautious Be skeptical of anyone claiming to convert crypto quickly or offering to operate your account on your behalf.

  • Reject Unrealistic Promises Avoid any investment plan that claims “guaranteed profits” or “instant doubling of funds.”

  • Use Official Platforms Only transact through the official HoyaPay App and trusted channels.

  • Verify Identities If someone asks for your personal details or requests a transfer, always verify their identity via official channels.

🔒 Always double-check the authenticity of any request before making a transfer. Protecting your assets starts with you.

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