With all of the Bitcoin hard forks coming about, scammers are having a field day right now. Bitcoin old is another clone which was introduced not too long ago. However, there is a fake website asking for users’ private keys to claim their Bitcoin Gold balance This type of tactic is not uncommon in the world of cryptocurrency It goes without saying no one should trust the website.

Bitcoin has attracted a lot of attention over the past few years. Not all of this attention has been positive by any means, though. There are a lot of scammers successfully exploiting the carelessness of some cryptocurrency enthusiasts. Especially the site to “claim” your Bitcoin Gold is a pure scamming tactic. Users who access the site are asked to share their Bitcoin wallet’s private key.

Beware of the Fake Bitcoin Gold Site

Everyone should know by now sharing a private key is asking for trouble. It is this piece of information which grants you ownership over your cryptocurrency balance. Sharing that information with anyone else creates an opportunity for theft. This is also why people need to move funds out of exchange wallets as soon as possible. Users never control their private key in this scenario, which is rather problematic.

On this fake Bitcoin Gold website, users need to share said private key. Doing so “guarantees” they can claim their BTC balance. This site has been reported to Google by various community members already and should be marked as a phishing site sooner or later. It is not the first nor the last time we see such scamming tactics affecting Bitcoin users.

In the end, it is evident these hard forks cause a lot of unnecessary friction. Especially Bitcoin Gold has no place in this world whatsoever. Bitcoin Cash and SegWit2x are still subject to a lot of controversy as well right now. It will be interesting to see how things evolve in the coming months and years. For now, avoid any site asking for your private key as a way to “claim” funds.

Header image courtesy of Shutterstock

About JP Buntinx

JP is a freelance copywriter and SEO writer who is passionate about various topics. The majority of his work focuses on Bitcoin, blockchain, and financial technology. He is contributing to major news sites all over the world, including NewsBTC, The Merkle, Samsung Insights, and TransferGo.

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