Typosquatting in crypto is when scammers create fake websites that look like real crypto platforms but with minor spelling mistakes in their web addresses.
These fake websites trick people into sharing sensitive information, like passwords or private keys, which can lead to loss of money and security risks.
Scammers use different tricks to carry out typosquatting, including registering fake domains, phishing attacks, fake crypto wallets and tokens, and mimicking legit websites.
To protect yourself from typosquatting, always check website URLs carefully, bookmark important websites, use security features, register similar domains, and report suspicious sites.