#scam #PancakeSwap #Binance #MarketTrends #moneymanagement
One of the most popular scam methods is scam through PancakeSwap
How does he bribe?
Mainly because this marketplace is located directly on Binance, which means, according to the logic of an inexperienced user, it inspires trust.
How scam works:
Mostly such actions take place in telegram channels or any other blogs.
Basically, “insight” arrives, like something I accidentally heard, information was leaked, some whale is planning a purchase, or, as most often happens: listing a coin on the stock exchange.
The scammer praises and imposes the opinion that this is a good deal, gives complete instructions with screenshots for buying a coin and stirs up interest by artificially increasing its price.
The most interesting thing in such a deal is not the ability to withdraw or swap a scam coin.
How to avoid being scammed?
1) Filter the content you consume.
2) Information about any coin can be found on Coinbase or Coingeco with the contract address.
3) Checking reliable sources of information (official news reports, exchange channels, etc.)
4) Unfortunately, there is no such thing as easy money. Especially in the crypto market.
Welcome everyone and good luck😘
