Today I will share with you the third common scam in the cryptocurrency circle, which is the black U or low-price U arbitrage scam.

The scammer will provide you with a website where the U on this website may be very, very cheap. Suppose you have 1,000 USDT, you can exchange it for 1,100 or 1,200 USDT, or even more. After getting it, you can sell it on the exchange.

Then, the so-called website customer service or staff will tell you that our U is some black U so the price is relatively cheap. You can buy low and sell high to make money. Many novices don’t understand this thing, and may feel: Wow! Very profitable, and then do it.

In fact, I tell you that this scam is very naive and full of loopholes. Well, to put it simply, since the U here is lower than the market price, why doesn't he sell it in the exchange himself, and why does he need to give it to you? In fact, his U here is black or low-priced U, or he tells you that the U here is very cheap U or uses other excuses to tell you.

In fact, this is just a gimmick. Sometimes, low-priced oil cards or low-priced phone cards are also their common means. They often use private chats with you, or post some advertisements in the group. That is to say, there are some oil cards that need to be sold at a low price. In the early stage, they usually ask you to exchange for 100 U or dozens of U. If the amount is small, they will make a deal, so that you can taste a little sweetness. The oil cards are also real oil cards.

Later, you feel that this is real, and you can really make money. You may give him a large amount of money. If you give him the money, your gas card and USDT will be gone.

If you see this kind of routine, such as low-priced gas cards, low-priced phone bills, or arbitrage, or etc., you can just avoid these routines. Pie in the sky will not fall on you, don't worry, your luck is not so good.

Well, that’s all for this issue. If you find it helpful, please support me by clicking three times and follow me. I will continue to update and expose the scam. See you next time.