SimpleSwap x AMLBot: Working Together to Make Crypto Safer

In a world where digital assets are gaining momentum, security is no longer optional — it's essential. At SimpleSwap, we understand that a fast, user-friendly experience must go hand in hand with protection. That’s why we’ve partnered with AMLBot, a leading Web3 investigation and compliance service, to strengthen the security of our platform and help users protect their assets.

Through this collaboration, SimpleSwap now integrates AMLBot’s KYT (Know Your Transaction) monitoring tools. These tools help us proactively assess risks, detect suspicious activity, and ensure our service remains clean, compliant, and safe for all users.

But technology alone isn't enough. True crypto safety begins with awareness. Together with AMLBot, we’ve gathered the most important tips every user should follow to avoid falling victim to scams, hacks, or human error.

Cold Storage Is Your First Line of Defense

One of the most effective ways to protect your assets is to keep the majority of your funds in cold storage. These offline wallets — such as hardware wallets — are not connected to the internet, making them immune to online threats like phishing, malware, or exchange breaches.

Hot wallets, while convenient for day-to-day operations, should only be used to store limited amounts of crypto. Cold storage is ideal for holding your long-term or high-value assets securely.

Be Skeptical of Unrealistic Promises

Scammers often rely on one thing: human greed. If a project offers unrealistic returns — like 100x profit in a week — consider it a red flag. High returns without clear fundamentals, whitepapers, or regulatory compliance often signal fraud.

As AMLBot highlights from its experience investigating scam tokens and rug pulls, if it sounds too good to be true, it probably is. Protecting yourself means staying informed, asking questions, and avoiding hype-driven decisions.

Avoid Suspicious Links and Downloads

One of the most common attack vectors in crypto is phishing. Hackers trick users into clicking links that steal private information or grant access to their wallets. AMLBot’s recovery cases show that even experienced users can fall victim.

Never click on unknown links or download files from unverified sources. Always double-check URLs, especially when interacting with exchanges or wallet services. Bookmark official websites and be cautious of lookalike domains.

Never Share Your Seed Phrase

Your seed phrase is the key to your wallet. Never share it — with anyone. No support team, no project representative, and no “helpful” community member should ever ask for your recovery phrase.

If someone gains access to your seed phrase, they can transfer all your assets — and there’s often no way to get them back. This simple rule is one of the most effective ways to prevent loss.

Use 2FA and Unique Passwords

Enable Two-Factor Authentication (2FA) on every crypto-related account you use. This adds an extra layer of protection, requiring verification beyond just a password.

Also, avoid reusing passwords across different platforms. Use strong, unique passwords and consider a password manager to keep your credentials secure. These basic cybersecurity habits significantly reduce the risk of unauthorized access.

Rotate Wallets and Verify Addresses

Periodically rotate your wallets, especially if you’ve used them for multiple transactions or shared them publicly. This practice helps reduce the chance of being targeted and limits the potential impact of an exposed address.

When sending funds, always verify the recipient address — even if it’s copied from a trusted source. Address poisoning and clipboard hijacking attacks are on the rise, and double-checking could save your funds.

Conclusion: Prevention First, Security Always

According to AMLBot’s investigative experience, most crypto losses can be prevented by following a few essential precautions. Once digital assets are stolen, the road to recovery becomes complex and time-sensitive — involving forensic analysis, legal procedures, and platform coordination.

That’s why our partnership between SimpleSwap and AMLBot is built on the principle of prevention first. By integrating AMLBot’s real-time KYT monitoring with SimpleSwap’s non-custodial, registration-free platform, we’re creating a secure, transparent, and user-friendly crypto environment.

But security is a shared responsibility. While we provide the tools and infrastructure to help keep users safe, it’s equally important for each user to stay informed and vigilant.

Together, we’re building a safer, cleaner crypto ecosystem — one swap, one step, and one smart decision at a time.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.