Free Coinbase Airdrop: The danger of Coinbase Scam Emails

Crypto scam is rapidly increasing problems in the world. Crypto scams are on the rise and one of the easiest ways for scammers to target users. Cybercriminals use emails to target users.

They get millions of users’ emails through the dark web. And they send emails to lure users by offering Free airdrops. Crypto scam emails are sent out in bulk by scammers who are hoping to trick their victims into giving away personal information or money. This article will provide info about crypto scam emails, and coinbase scam emails.

And you will know “how to spot them”, and “how to protect yourself”.

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Why Coinbase Sends Free Coinbase Airdrop Emails

Here is the look I received hundreds of emails from Coinbase for claim-free airdrops. But I never claimed the free airdrops.

coinbase scam emails
Coinbase scam emails

The people search intent for this page is to find out:

  • Whether Coinbase is a scam or not
  • What are the controversies and lawsuits that Coinbase has faced?
  • How Coinbase?s stock price and reputation have been affected by these issues
  • What are the pros and cons of using Coinbase as a crypto exchange?

Understanding the CoinBase Scam Emails

Coinbase not sending airdrop emails to the users. Actually, these are phishing email scams to get money from cybercriminals.

Crypto scam emails are fraudulent emails that attempt to trick users. The main motive is to steal your information such as privacy details, personal information, money, or cryptocurrency. They often use big names such as Binance, Coinbase, and Kraken to send emails to the users.

How Crypto Airdrop Email Scams Work

Crypto Email scams use reputable companies that are related to the crypto industry such as Binance, KuCoin, Gemini, Trust Wallet, and many more. Here are some way the crypto email scam work:

  1. They use the phishing email method: They send emails that offer free crypto airdrop and attach malicious links in emails. The phishing emails look genuine so it is challenging to recognize its reality.
  2. These emails contain a link to a website that may be a clone of Big crypto exchanges or fake websites.
  3. If you enter your login credentials or private keys of crypto wallets on the fake website, scammers can access your account and steal your funds.
  4. Most of the time they provide crypto addresses to send BTC, ETH, and BSC coins to get free coins to your wallets.

They also send emails like ” Verify Your Trust Wallet account” or ” Verify your account before freeze”. For example, they send an email that your account has been hacked, and frozen for suspicious activity.

You need to verify KYC and provide account details to logins. Cryptocurrency exchanges and real projects will never ask you to do this.

Types of Coinbase Email Scams

1. Phishing emails

Crypto phishing scams often target those who use Trust Wallet and Meta mask wallets. They get users’ email account information from the dark web or hacked websites. Scammers send emails like Verify your Trust Wallet account.

Actually, when we opened a Trust Wallet account, they never said to register an email or phone number. So we need to be aware when we receive this kind of email.

They link malicious or fake websites that provide free cryptocurrency and ask to link with the crypto wallet. Once the hackers have acquired this information, they steal the cryptocurrency in those wallets.

2. Fake apps

Google Play Store is full of free airdrops Android apps such as free mining apps, BTC mining, ETH Mining, XMR mining, free crypto earn, and free earning games.

All apps are not scammers but, most of them are fake apps. The only motive is to steal users’s money or cryptocurrency. Thousands of people have downloaded fake cryptocurrency apps. 

3. Giveaway scams

Millions of users search for free giveaway crypto so it is very easy to target users. So it become too easy for scammers to make fake websites to provide free giveaways by crypto. They ask to sign up and provide the details like phone number, trust wallet secret key, etc.

4. Sex extortion scams

It is a very common method to get cryptocurrency by sending sex extortion emails. Scammers claim they have users’ personal photos and information. If you want to get back, send the BTC within 7 days.

They provide BTC addresses, so it is impossible to track real scammers.

5. High APY Scam

Most crypto projects are fake, just created to steal the money of millions of users. They make projects to give High APY such as 500% per year and claim they will make people rich within weeks.

coinbase scam emails,paypal coinbase scam email

And check the chart after the year of these projects. Also, the APY depends on the price of crypto price, APY decreases with the price.

coinbase scam emails,paypal coinbase scam email

6. Cloud mining scams

  • In 2021, when I entered the Crypto industry, I invested in the Cloud mining website. They offer daily interest of 15% and free LTC coins. After some months, the website suddenly shut down.
  • I tried to contact you on Facebook, but the team did not respond. Many users reported fraud on the website.

So this is a very common method used by cybercriminals.

Real-Life Examples of Crypto Email Scams

coinbase scam emails,paypal coinbase scam email
Coinbase scams

How to Identify a Coinbase Emails Scam

1. See the sender’s email address

Here is an example of a Coinbase email address that is used to provide support and promotion of their products.

Emails from Coinbase will always have the coinbase.com domain name at the end of them.

Examples include, but are not limited to:

We also send emails from Coinbase sub-domains.

Examples include, but are not limited to:

2. Suspicious email addresses or domains

Copy the domain names that are lined in the emails, and scan them on VirusTotal websites. Virus Total is a free website that provides free scams of malicious links and files. You get to know whether it is a malicious or genuine website.

I opened the link in my browser, I am using Antivirus software so it block the URL because of malicious activity.

coinbase airdrop scam
Phishing crypto scam

3. Urgent or threatening language

Most of the time, Coinbase airdrop email scams are written in poor paragraphs or language. They are not well-written or use infographics.

Here is an example of a Crypto scam emails

How to Protect Yourself from Crypto Email Scams

Here is some step that is useful to protect your digital money. These are:

1. Never Share Wallet secret key

The first solution to stay safe from coinbase airdrop scams is never to share your wallet phrases to others. Many YouTubers suggest buying tCrypto Ledger to save your wallet key. But you can save your key in your offline notes.

2. Verify the source of the email

Never click on link the that tells you to Verify your account before freezing. Go to the official website, contact to the support team by chat or email, and tell them you received a verified message.

If the email is genuine, they will inform you otherwise you can report the email as Junk.

3. Be cautious with personal information

  • The main motive for scammers is to get your account access by stealing your personal information. So be cautious when you provide your information.
  • Never provide anyone with your login credentials.

4. Verify Email Sender’s Authenticity

  • Check the email address of the Sender. If received emails are scammed, the sender’s email address looks like [email protected] or poor form.
  • Also, they did not provide you with sufficient detail about coinbase airdrop.

5. Enable two-factor authentication for Coinbase account

2FA is one of the best security measures to protect your account. If your account is stolen or leaked online, there is a need for OTP to log the account. When somebody accesses your account, you will get an alert and OTP. This will help to protect your account.

Reporting Crypto Email Scams

Reporting the scam to email providers or relevant platforms

1. USA Govt website

You can report a scam if you are a USA citizen. Here is the link to the website to register online scam report.

2. For EU citizens

Report your scam report on this website.

How can I report a suspected CoinBase scam email?

Coinbase provides support through chat and emails. You can contact immediately to the support team to report a suspected CoinBase scam email.

If the website pops up a message about installing software or an Android app, do not install that app or software. Do not clink and provide your information.

Also, do not buy anything on these websites.

Can scammers gain access to my CoinBase account through these emails?

If you install apps and software from these links, defiantly they will definitely access your account. Also, avoid giving your account details to protect your crypto.

What additional security measures can I implement to protect myself?

Use the 2FA method to log in, Use only the official app or website to log in, aware of the latest scams.

Is CoinBase responsible for compensating victims of these scams?

No, Coinbase never sends this kind of email to their users. It is your responsibility to protect your money and crypto.

Inderjeet

Inderjeet

Hi, I am Inderjeet, and welcome to my blog on cybersecurity. I started this blog to share my insights, tips, and experiences on various topics related to plants, shrubs, juniper and how to care indoor gardern.
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