CoinSpot scam texts are phishing attempts designed to steal login credentials or funds. They typically feature urgent, fake alerts about "suspicious activity" or "account compromise" from a fake sender. Never click links or call phone numbers provided in these messages. Always verify via the official app.
Common Scam Texts
- Urgency & Fear: They use alarming language about unauthorized, high-value withdrawals to panic you into acting immediately.
- Fake Verification: They may provide a fake OTP (One-Time Password) or request a "verification" code.
- Malicious Links: Messages contain links to phishing websites designed to steal usernames and passwords.
- Request for Personal Information: Scammers may ask for your account password, API key, or seed phrase.
Protect Yourself
- STOP. CHECK. PROTECT. Stop, check the source, and protect your information, notes Scamwatch.
- Don't Click: Never click links in unexpected text messages.
- Verify Independently: If worried, log in directly via the official CoinSpot website or app, not through a link in a text.
- Report: Report the scam text to Scamwatch or the Australian Federal Police.
If you have provided information, contact CoinSpot support immediately to secure your account.