#dailyfootagetv 🏦 BE AWARE 🤳

Here are some common types of cryptocurrency scams:

Phishing:

Scammers may pretend to be a company, such as through an official-looking email, and ask you to share private information.

Fake products:

Scammers may offer fake crypto products that promise high returns on investment but require a large initial fee and frequent additional investments. When you try to withdraw your funds, they may be gone.

Giveaways:

Scammers may offer crypto giveaways, but once you send your crypto to the giveaway address, it's gone forever. Crypto transactions are irreversible, so you won't be able to get your crypto back.

Other signs of a cryptocurrency scam include:

🗣️Poorly written white papers

🗣️Excessive marketing

🗣️Get-rich-quick claims

🗣️Websites that look similar to reputable brands

🗣️Companies or websites with names that sound similar to other companies or websites

🗣️Demands for payment in cryptocurrency

Promises of big returns or guaranteed profits

Investment advice from someone you meet on a dating site or app

To avoid cryptocurrency scams, you can:

Stick with reputable exchanges and wallets with a long history of users

Research companies before investing or sending money

Be wary of anything that sounds too good to be true