List Of Cryptocurrency Scams and how to avoid them


    List Of Cryptocurrency Scams and how to avoid them

    Before investing in bitcoin, learn to spot and comprehend cryptocurrency scams, as well as how to identify crypto profiles that may have been stolen. It is not always easy;therefore, you need to be careful about the whole procedure of dealing in Bitcoin or visit the ekrona app website.


    Scammers are targeting Bitcoin payment methods this time, in addition to the numerous other scamming tactics they employ. Investment scams are one of the most prevalent ways for scammers to trick you into buying bitcoin and sending it to them. Scammers, on the other hand, pose as businesses, government agencies, and love interests, among other things.

    Scams involving investments

    Investment scams frequently start on social media or online dating apps or sites or bitcoin trading software as well, promising you can "earn a lot of money" with "zero risk." Of course, these scams might begin with an unexpected text, email, or phone call. As Crypto can be used as both payment and investment, it is very important in scams involving investments.

    Here are some of the most prevalent investment scams, as well as how to avoid them.

    ● Unexpectedly, a so-called "investment manager" calls you.
    ● A fraudster poses as a celebrity and claims to be able to multiply whatever bitcoin you transfer them.
    ● An online "love interest" is requesting money or cryptocurrencies to assist you in investing.
    ● Scammers promise that you will make money or that you will receive large rewards with assured returns.
    ● They'll give you free money in the form of cash or cryptocurrencies, but free money claims are never genuine.
    ● Scammers do big talks without any kind of evidence.

    Look for the organization or name of individuals, as well as the names of cryptocurrencies, including phrases like"review," "scam," or "complaint" on the internet before investing in cryptos.

    Impersonators in business, government, and the workforce

    In a corporate, government, or job impersonation fraud, the scammer poses as someone you trust  to persuade you to pay money to them via bitcoin purchases and transfers.

    ● Scammers pose as well-known businesses. Scammers may claim to be from Amazon, Microsoft, FedEx, your bank, or a variety of other companies. They'll send you text messages, phone calls, emails, or social media communications, and they could even install a pop-up notice on your computer. If you click or press any kind of links in the messages, or texts or answer any unknown calls, you will get connected with scammers.
    ● Scammers act as businesses or legal companies which are providing bitcoins or cryptos. They'll claim that the corporation is entering the cryptocurrency space by creating its coin or token. To back it all up and dupe people into buying, they could produce social media adverts, news articles, or sleek websites. However, these cryptocurrencies and tokens are a hoax that steals money from anyone who purchases them.
    ● They (scammers) pretend to be from the government, police enforcement, or utility providers. They may claim that there is a legal issue, that you owe money, or that your accounts or entitlements have been suspended while an inquiry is underway. Scammers will be telling you that you should either buy cryptos from them or state your issues.
    ● On employment portals, con artists post bogus jobs. They may also send unsolicited employment offers relating to cryptocurrencies, such as positions assisting in the recruitment of investors, selling or mining cryptocurrency, or assisting with the conversion of cash to cryptocurrency. However, you can only begin these so-called "jobs" if you pay a charge in cryptocurrency. Which is always, always a ruse.

    Avoiding Cryptocurrency Scams

    Scammers will always be coming up with different methods to take your bitcoin. To avoid cryptocurrency scams, you should be careful of a few things here:

    ● Fraudsters seem to be the only individuals that ask for money in crypto. No business will ever ask any person for transmitting cryptos before buying anything, or for securing your funds.
    ● Never believe anybody claiming that he/she will generate returns in the cryptocurrencies within no time. They are the ones who will promise you guaranteed returns.
    ● Don't ever combine online dating with financial planning. It's a fraud if you meet anyone on a dating site or app who wants to teach you how to invest in cryptos or wants you to transfer the cryptocurrency.

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