Editing Scams in crypto futures trading (section)

== Common Scams in Crypto Futures Trading ==
Here are some of the most common scams in crypto futures trading:

=== Fake Exchanges ===
Scammers create fake platforms that mimic legitimate [[top crypto futures exchanges|exchanges]]. These platforms often promise high returns or low fees to lure users. Once you deposit funds, they disappear, leaving you with no way to recover your money.

=== Phishing Scams ===
Phishing scams involve fake websites or emails that trick you into revealing your login credentials or private keys. Always double-check URLs and avoid clicking on suspicious links.

=== Pump-and-Dump Schemes ===
In a pump-and-dump scheme, scammers artificially inflate the price of a cryptocurrency (pump) and then sell their holdings at the peak (dump), causing the price to crash. This leaves other traders with significant losses.

=== Unregulated Brokers ===
Some brokers operate without proper licenses or regulations. They may manipulate prices, refuse withdrawals, or charge hidden fees. Always choose a platform that complies with [[crypto futures regulations 2023|current regulations]].

=== Fake Trading Bots ===
Scammers promote [[crypto futures trading bots|trading bots]] that promise automated profits. These bots often don’t work as advertised and may even steal your funds.