Learn Crypto with Bit.Fan Academy

From beginner to advanced — master exchanges, wallets and blockchain essentials

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How to Get Bitcoin: Buy, Earn, or Mine

Wondering how to get bitcoin? The main paths are buying, earning, and mining, each with different costs, risks, and effort.

How to Spend Bitcoin: A Safe Step-by-Step Guide

How to spend bitcoin: confirm the merchant accepts BTC, pay from your wallet, verify the details, and save proof in case the order needs review.

Will Bitcoin Go Back Up? 2026 Forecast Split

Will bitcoin go back up? As of July 31, 2026, public forecasts are split, ranging from range-bound trading to a strong recovery.

How Much Is Bitcoin Today? BTC Price Snapshot

How much is bitcoin today? As of July 31, 2026, Bitcoin trades at $63841, with a 24-hour change of -0.19%.

How Does Bitcoin Mining Work?

How does bitcoin mining work? It is a proof-of-work race to add blocks, with miners often joining a mining pool to smooth payouts.

How to Buy Bitcoin Safely: Steps and Scam Checks

How to buy bitcoin safely: verify the exchange, complete KYC, start with a small test buy, secure your account, and avoid fake platforms and scams.

What Is Bitcoin? A Beginner-Friendly Guide

Bitcoin is a digital currency that runs without a single bank in control. This guide explains what it is, what it does, and how it differs from regular money.

What Is a Honeypot Crypto Scam?

A honeypot crypto scam is a malicious token setup that allows you to buy crypto but prevents you from selling or withdrawing it, resulting in trapped funds. In 2026, honeypots remain one of the most common traps on DEXs, with scammers using more sophisticated contract kicks and even ready-made scam templates. They work in one of two ways. The most common involves tokens that can’t be sold or transferred due to hidden contract restrictions. Another method is more hands-on and involves sending tokens to a scammer’s wallet. Ultimately, the tokens can’t be withdrawn. In this guide, we’ll detail the two types of honeypot crypto scams and learn what to look for to avoid becoming a honeypot statistic. Let’s dig in. Honeypot Crypto Scam Meaning A crypto honeypot is a scam that tempts crypto users into losing their valuable tokens, such as ETH or SOL. The scam can work in two ways, with both methods using a flawed contract. The more commonly seen honeypot involves tokens, often meme coins, sold on decentralized exchanges. However, a function of the token blacklists buyers, making the token impossible to sell again. In 2026, honeypots are increasingly deployed using pre-built “honeyport-as-a-service” kits that allow even non-technical scammers to launch malicious tokens easily. In 2025, crypto hacks, exploits, and compromises cost investors more than $3.4 billion, with analysts claiming that the real figure is significantly higher because of underreporting. However, most scams go unreported within the crypto industry. Here’s a list of different types of crypto scams, and how they work.