Skip to main content

How to Stay Safe from Scams

Bitcoin scams are common — but many can be avoided with a few simple security habits. Here’s how to help protect yourself and your Bitcoin while using 1Bitcoin.ca.

🚫 Common Bitcoin Scams To Watch For

Scammers may pretend to be:

  • 1Bitcoin.ca support

  • recovery agents

  • investment advisors

They often contact users through social media, messaging apps, fake websites, or unexpected phone calls.

⚠️ 1Bitcoin.ca will never call you unexpectedly or ask for remote access to your device.

Related article:


💸 “Guaranteed Returns” Are a Major Red Flag

If someone promises:

  • guaranteed profits

  • risk-free Bitcoin investing

  • doubled Bitcoin returns

it is almost certainly a scam.

Legitimate Bitcoin investments always involve risk.

Related article:


🖥️ Be Careful of Fake Investment Platforms

Some scam websites or fake trading apps may:

  • request Bitcoin deposits

  • display fake balances or profits

  • ask for remote access to your computer- install remote-access software (e.g., AnyDesk) at the request of unknown parties

Never allow strangers to access your device or wallet.

If you have installed remote-access software at the request of unknown parties, uninstall it immediately and change passwords for your email and financial accounts using a trusted device.

Related article:


🔒 Simple Ways To Stay Safer

Good security habits can dramatically reduce the risk of scams.

Use Two-Factor Authentication (2FA), keep your passwords private, and never share your seed phrase or wallet recovery words with anyone.

It’s also important to verify wallet addresses carefully before sending Bitcoin and avoid sending funds to people you do not personally trust.Regularly monitor your account activity for any suspicious transactions to ensure your account remains secure. Additionally, use trusted devices and secure networks when accessing your cryptocurrency accounts, and stay informed about common scam tactics to better protect yourself.

Related article:


🚨 If You Think You’ve Been Targeted

If you believe you may be dealing with a scam: Bitcoin transactions are irreversible once confirmed on the blockchain. This means that funds cannot be recovered or reversed after they have been sent.

  • stop communication immediately- document evidence, such as screenshots, emails, or bank correspondence, to assist in investigations

  • avoid sending additional Bitcoin

  • secure your accounts and wallets

  • contact support as soon as possible. During an account review, temporary restrictions may be applied to protect your funds. Avoid initiating new transactions, and any eligible pending funds will be returned to the originating bank account used for the deposit.- report the incident to local law enforcement or your country's anti-fraud agency

To contact support:

Related article:


💬 Need Help?

Our support team can assist with:

  • suspicious activity

  • account security concerns

  • scam-related questions

  • support verification

Did this answer your question?