Several major issues in the current cryptocurrency space require caution!!!
1. Beware of false mining and yield generation projects:
- Certain web3 mining and yield generation models may involve false promises and unsustainable high returns. Investors should be wary of any project that claims "no risk and high returns," and conduct thorough research and verification of the project's authenticity.
2. Be cautious of illegal trading requests:
- If someone asks you on social media if you know a seller, especially when it involves U-coins (USDT) or JD E-cards for redemption, this may indicate illegal trading or money laundering activities. Firmly refuse such requests to avoid getting involved in illegal activities.
3. Treat project promotions with caution:
- When someone directly inquires about a project's mechanics or requests to join a group, remain vigilant. Before joining any project group, be sure to conduct comprehensive research on the project, including team background, project roadmap, and community feedback.
4. Risks of authorized mining:
- When engaging in authorized mining on platforms like TP Wallet for BSC chain, TRON chain, etc., be sure to confirm the legality of the mining platform and project. Authorized mining may involve privacy breaches and asset risks, so handle it with care.
5. Prevent airdrop scams:
- Be highly cautious of links claiming free airdrops that require authorization to obtain keys. Legitimate airdrop activities will not ask users for private keys or other sensitive information.
6. Beware of scams exploiting platform vulnerabilities:
- Cases involving free teaching on Binance vulnerabilities with promises of high commissions should be regarded as scams. Legitimate platform vulnerability fixes will not involve personal profit-sharing.
Advice:
- For the situations mentioned above, once discovered, immediately block and delete the relevant contacts to avoid further interaction.
- Investors should always remain vigilant and not have any complacent mindset, conducting strict reviews and validations for any recommended project.
- In the field of digital currency investment, risks are everywhere; it is better to endure investment losses than to give scammers any opportunities.