Phishing vs Test Transaction

Quick comparison to help you distinguish these two crypto terms.

Phishing
beginner
fundamentals

Phishing is a cyberattack where criminals impersonate trusted platforms or contacts to trick you into revealing passwords, 2FA codes, or private keys to steal your crypto.

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Test Transaction
beginner
fundamentals

A test transaction is a small, intentional crypto transfer sent to a new wallet address before sending the full intended amount, used to verify the address is correct and the transfer works as expected.

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