Investing in crypto is easier than investing in regular stocks. All you need to do is have a wallet. For example, Tangem Wallet. And then you can buy, sell, and exchange tokens.

But the crypto market is convenient not only for you, but also for the scammer. Therefore, you should not invest money in a project that promises mountains of gold. Study it carefully first. And we will tell you what to pay attention to.

Advertising of excess profits.

Do not invest in projects that, in their promises, focus not on the product, but on excess profits. And guaranteed too.

No description.

Normal projects always have technical documentation and white paper. This is a document with a detailed description of projects.

Anonymity.

Real projects cannot be anonymous. They must have a large team behind them. And you can find founders online, news not only from the last couple of weeks. If there is nothing but advertising, just forget it.

Buy famous coins and send them to the most secure crypto wallet, #TangemWallet .

And yet, what schemes do scammers use? Here are the most popular ones.

Pump и Dump.

Fraudsters are releasing cryptocurrency onto the market, which is backed by nothing. There is no real product, no funding, no team. It's just a token on the blockchain. Then the scammers launch an information attack. They order reviews, buy advertising, write news. And at the peak of the hype, all the coins are sold and disappear.

Honey Pot.

A very similar scheme, only more cunning. You buy an advertised coin, but its smart contract contains one condition - only the creators can sell it.

Fake Token Sale.

Fraudsters create a website, fill it with information about a new crypto project, run social networks, creating the appearance of promise. Then they conduct an initial sale of tokens, collect money from investors and disappear with the embezzled funds.

In fact, there are many more ways to cheat. Therefore, you need to remember the main thing: Do not believe advertising. Even if the crypto project itself advertises #ElonMusk .

The network is full of fake information on behalf of Tesla. And Musk himself is being recreated using neural networks. Trust your funds only to reliable projects.

And store them in a secure cold wallet #TangemWallet .

By the way, using the Promo Code “MC8F4T”, on the official Tangem website you will receive an additional 10% DISCOUNT when ordering the multi-currency crypto wallet Tangem Wallet.