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Can Freewallet hold free giveaways? Or a few words about phishing

Mar 5, 2021

But does Freewallet run giveaways?

Of course, we do! The goal of our giveaway campaigns is to encourage the activity of our customers. On a few occasions, we may keep a special offer limited with a one-day time frame. This is usually when you receive a push SMS notification inviting you to take advantage of the current market activity and enjoy a bonus from Freewallet, such as cashback on your trades. In this case, you always have a chance to confirm the giveaway in correspondence with our support team members.

A typical giveaway campaign held by Freewallet will be covered in our social media: on Twitter, Facebook, Reddit, and our official blog.

You can find an example of this promotion by checking out this article. All those who exchanged transactions via our service had a chance to receive extra crypto coins as a random winner! Keep up with official announcements, and don’t miss your chance to enjoy a bonus for your activity.

Your security is one of our priorities. That’s why we’d like to draw your attention to phishing schemes that may be disguised as giveaways and prizes from our company.

What are the signs of fake campaigns?

A popular scamming offer would often sound like the following: “Send coins to XXX address and receive a double amount back.” Remember that nobody would ever do that in reality because a receiver does not actually benefit here.

It also can include the reviews of “happy customers” saying they enjoy a promised reward. Most importantly, designers of this fraudulent scheme would expect swift and usually immediate action from you because it is a “limited offer.” In other words, this is often about urgency.

Fraudsters often write comments on social media about fake giveaways or may contact you by personal messages.

You can receive a notification about the prize you won. The next step will be to ask you to send money or sensitive private data. This can be explained by the need to redeem shipping costs.

There can be more signs as techniques are getting more exquisite.

Make sure to verify all information on the web, using the official website of our company. If there is a promotional campaign, our support agents will always confirm this fact and walk you through the process.

Beware of social engineering

The goal of malicious actions is to take over your financial savings by obtaining your private details. Usually, a phisher pretends to be a trustworthy or public source of information. They may reach a potential victim via personal messages, emails, phone calls, or construct a website. For example, modern technologies make it very easy to falsify an organization’s email and succeed by making a reader click malicious links.

How to spot a wrong email

According to the research published by the University of Nebraska in 2019, the number of content-aware phishing emails notably grew. Social engineering characteristics of these emails include urgency and appealing to the company’s name and impact. Simultaneously, their technical features will be to include the links that differ from links of destination, use the reply address that’s different from the claimed sender, and, of course, switch ports and redirect the URL.

Also, fake emails often use free mail servers, which are never associated with the company’s official name. Of course, middle and small companies legitimately use mail servers like yahoo and Gmail. It is just another sign you have to be wary of when they win prize notification hits your inbox.

Another suspicious sign of phishing email is using a close to, but not completely, the company’s same name. Spoofing an email address so that it would look like an email from the company is also possible.

How to spot a wrong website

First of all, remember that our official website address is freewallet.org. However, it’s useful to be aware of the characteristics of suspicious websites in general. This way, you’ll be able to stay alert when using websites of payment and banking systems, airlines, payment sections of online stores.

The appearance of those websites usually fully follows originals. However, some distinctions are obvious. There will be forms to submit information, pop-up windows, and windows underlying masking windows. The technical arrangement, phishing websites disable right-click, have a visually deceptive URL, and images masking underlying text. Don’t neglect the “View Code” option available by clicking with the right mouse button. In phishing, the website’s URL can have minor modifications, for example, use edu, .link, instead of .or or com.
While big companies’ legit websites are always executed in a professional and high-quality style, scam websites can be spotted due to casual and careless layout, poor wording, or excessive flash banners.

Remember that payments can only take place via a secure “HTTPS” protocol. Should you notice an “HTTP” protocol, this is a sign of a scamming attempt. Don’t put your payment details there. The worst thing is that the data you’ve input in this form can be “remembered” for long after without the possibility to erase it.
Make sure to check out the SSL certificate. A legitimate website sign is a valid SSL certificate confirmed by a duly authorized service network provider.

Be wary of browser extensions

Seemingly innocuous entertaining and gaming extensions can interfere with your activity with websites in an unexpected way. They may spoof payment data. Make sure to keep these extensions off while processing any financial activity through this browser.

Conclusion

Please stay safe and vigilant when it comes to online finances. Should you have any questions or concerns, our Team is available for clarifications. If you fall prey to fraud actions, there is not much that can be done after all, but we always strive to help!

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