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A beginner's guide to crypto scams and malicious activity

Keeping crypto holdings safe is a user’s top priority, but there are many threats within the digital space to be aware of. With a better understanding of some of the more commonly talked about cyberattacks may help you better prepare and protect your crypto.

Note, this is not an extensive list and several of these examples do not only affect the crypto space.

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Fidelity Crypto® is offered by Fidelity Digital Assets℠.

Investing involves risk, including risk of total loss.

Crypto as an asset class is highly volatile, can become illiquid at any time, and is for investors with a high risk tolerance. Crypto may also be more susceptible to market manipulation than securities. Crypto is not insured by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation. Investors in crypto do not benefit from the same regulatory protections applicable to registered securities.

Fidelity Crypto® accounts and custody and trading of crypto in such accounts are provided by Fidelity Digital Asset Services, LLC, a limited liability trust company chartered by the New York Department of Financial Services (NMLS ID 1773897).


Brokerage services in support of securities trading are provided by Fidelity Brokerage Services LLC (“FBS”), and related custody services are provided by National Financial Services LLC (“NFS”), each a registered broker-dealer and member NYSE and SIPC.

Neither FBS nor NFS offer crypto as a direct investment nor provide trading or custody services for such assets.

Fidelity Crypto and Fidelity Digital Assets are service marks of FMR LLC.

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917

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