How to tell if a Crypto project is a scam

Want to avoid falling for a crypto scam?

Look for these red flags:

(1) Unrealistic promises, like guaranteed returns;

(2) anonymous or shady teams;

(3) high-pressure tactics to invest quickly;

(4) lack of transparency, with no clear roadmap or whitepaper; and

(5) poor community engagement.

If a crypto project shows any of these signs, it's best to steer clear and do thorough research.