What is Typosquatting in Crypto?

Typosquatting in crypto industry allows scammers to deceive users by registering fake domain names similar to popular crypto websites.

Typosquatting primarily depends on users making typographical errors while entering website addresses.

Usually, scammers register domain names that resemble legitimate crypto platforms but contain misspelled or rearranged characters.

Once a user accidentally visits a typosquatting website, scammers try to deceive them.

Their aim is to steal sensitive information, such as login credentials or private keys.

The best way to protect yourself from typosquatting attacks is to always double-check the website addresses you visit.