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3 Techniques To Spot Crypto Scams

by admin
April 5, 2022
in Tech
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Crypto Scams
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Crypto is a growing industry. Well, the industry nowadays is growing through some scams. Well, here we have decoded the three major techniques. So, without further ado, let’s explore!

Watch out From The Promises

It is a very common type of scamming method. The scammers promise to have your trust, such as they tell you to open the link if you want to double your coins or we are giving the coins a free click on the link below. These promises are common these days, and scammers play with newbies mostly.

Steps to follow

  • Block the accounts that are giving these kinds of offers
  • Share the fake account with your friends 
  • If you are old in this business, you are also the target of the scammers; therefore, make 
  • account secure from getting attacked.

Similar Layouts 

Have you ever noticed all the yield forms have the same layout? Because they are reusing the codes from the goose swap DJ yield form to host their site. Why this is important, you can tell if this is a scam by the time it took to develop. For example, they just spend 10 minutes outsourcing some new images or google images or spent some weeks coming up with a brand new design to host their new company that will help further crypto technologies. Some platforms take months to build before launching, while DJ yield forms can be set up in minutes.

Sites Asking For Private Keys

Do you remember when you set up a crypto wallet for the first time, you probably didn’t know if you were even doing things correctly? And that is okay. They try to trick every newbie into giving them access to their funds. When it comes to crypto, you get o keys, a private key that you never share and a public key that is like your email address, which you intentionally share. Many people confuse these, which leads them to get scammed. You can learn 

Steps to follow

  • Do not share anyone your private key
  • Make sure to block the notification of the cites promising that you have won coins or are active in giveaways.
  • Ask experts to make you a new wallet if you are a beginner.
Tags: Crypto Scams
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