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  2. Trading Glossary
  3. Phishing

Phishing

Phishing is a deceptive attempt to make a person reveal credentials, approve access, send assets, or install malicious software by impersonating trust.

Defined termReviewed 16 July 2026

Related terms

Multi-Factor Authentication (MFA)PasskeyRecovery PhraseWalletAnti-Money Laundering (AML)Cold Wallet

Educational risk notice

This material is general education, not personal investment advice or a promise of results. Markets can move beyond planned levels, and losses can exceed expectations when leverage, liquidity, gaps, or operational failures are involved.

term specific risk
Read the full risk disclosure
Trading glossaryReviewed 16 July 2026

Definition

Phishing is a deceptive attempt to make a person reveal credentials, approve access, send assets, or install malicious software by impersonating trust.

In market context

Messages and websites may copy a platform’s branding, create urgency, or direct the target to a look-alike domain or fraudulent support channel. Attackers can request passwords, authentication codes, recovery phrases, wallet approvals, or remote-control access. Verifying the domain independently, using phishing-resistant authentication, and contacting support through a known route are safer than following unsolicited links or instructions before taking action.

Risk context

Legitimate support should never need a password, one-time authentication code, private key, or recovery phrase.

Source

Use the primary source for fuller regulatory or market context.

CISA — Recognize and Report Phishing

Educational risk notice

This material is general education, not personal investment advice or a promise of results. Markets can move beyond planned levels, and losses can exceed expectations when leverage, liquidity, gaps, or operational failures are involved.

term specific risk
Read the full risk disclosure

Related glossary terms

Selected from explicit term relationships and shared tags.

beginner3 min

Multi-Factor Authentication (MFA)

Multi-factor authentication requires evidence from at least two distinct authentication-factor categories before granting access to an account or sensitive action.

security · authenticationRead guide
beginner3 min

Passkey

A passkey is a phishing-resistant sign-in credential based on public-key cryptography, with the private credential protected by a user device or provider.

security · authenticationRead guide
beginner3 min

Recovery Phrase

A recovery phrase is an ordered set of words used by compatible wallet software to derive or restore a collection of cryptographic keys.

crypto · securityRead guide
beginner3 min

Wallet

A cryptoasset wallet is a system for managing keys, addresses, and transaction signing rather than a container that physically stores blockchain assets.

crypto · securityRead guide