To recognize scams in cryptocurrency trading, look out for the following red flags:

1. Guaranteed returns: Be cautious of promises of high or guaranteed returns. Crypto markets are volatile, and no one can predict profits with certainty.

2. Unregistered platforms: Use regulated and well-established exchanges. Avoid platforms that aren't transparent about licensing or location.

3. Pressure tactics: Scammers often pressure you into quick decisions or investments without time for research.

4. Fake endorsements: Be wary of claims of celebrity endorsements or partnerships, often used in scam promotions.

5. Phishing attempts: Be cautious with emails, social media messages, or websites asking for your login details, especially through suspicious links.

6. Ponzi schemes: Be cautious of schemes where your returns depend on recruiting new investors rather than legitimate market activities.

7. No verifiable project info: Legitimate cryptocurrencies have detailed whitepapers, clear teams, and established track records. Scams often lack transparency.

Always do thorough research before investing in any cryptocurrency project or platform.

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