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Remember to be careful in the crypto world and beware of scams. Here is the list of the most common scams and how to avoid them

Binance

Cryptocoins Exchanges / Binance 169 Views

Imposter scam

Scammers pretend to be moderators, admins or developers, message you and ask for your private key. Remember to never share your private key to anyone. Always check whether you’re talking to the real admin.

Phishing & fake website

Scammers create fake websites of exchange platforms or crypto wallets. Always carefully check the URL, domain, quality of the website, design etc.

Fake app

Fake apps can be placed in Google Play and the App Store. Always check the reviews and number of downloads, research the developer.

Giveaway scam

Scammers promise to multiply the cryptocurrency sent to them. Never send money to an unknown person or project. Always research a project.

Trader scam

Scammers can tell you about their return and ask to follow their advice. Do not believe in unrealistic guaranteed returns, always do your own research. Avoid poorly written, incomplete or non-existent whitepaper.

submitted by /u/SimpleSwapExchange
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