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😭 😩 My less favorite memory with crypto👇 The first time i decided to buy crypto. I was contacted by a user on telegram who offered to sell me some Bitcoin at a good price. i was excited and transferred $200 to his account. However,after the transfer was made,the user disappeared and i never received the Bitcoin. I felt angry and disappointed, determined to get my money back, so i created a new username and contacted the scammer, pretending to be a new customer, but the plan didn't work out as i had hoped. The scammer didn't fall for my trap, and i left with no choice but to accept the loss. 🔹️My Suggestion for you today is the following : 👉 Scams involving crypto are becoming more common. It's important to be cautious when dealing with anyone online, especially if they're offering something that seems too good to be true. 🚨🚨🚨 Not everyone have good intentions. #ScamRiskWarning @Binance_Risk_Announcement

😭 😩 My less favorite memory with crypto👇

The first time i decided to buy crypto. I was contacted by a user on telegram who offered to sell me some Bitcoin at a good price. i was excited and transferred $200 to his account.

However,after the transfer was made,the user disappeared and i never received the Bitcoin.

I felt angry and disappointed, determined to get my money back, so i created a new username and contacted the scammer, pretending to be a new customer, but the plan didn't work out as i had hoped.

The scammer didn't fall for my trap, and i left with no choice but to accept the loss.

🔹️My Suggestion for you today is the following :

👉 Scams involving crypto are becoming more common. It's important to be cautious when dealing with anyone online, especially if they're offering something that seems too good to be true.

🚨🚨🚨 Not everyone have good intentions.

#ScamRiskWarning @Binance Risk Sniper

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🚨🌟🌟 Common crypto scams in 2024 ✅Read Below👇 Where money is concerned, scams always follow. And the same is true with cryptocurrency. Digital currency is a form of currency stored in a digital wallet, and the owner can turn currency into cash by transferring it to a bank account. Crypto, such as bitcoin,is different from digital currency. It uses blockchain for verification and does not run through financial institutions, so it is harder to recover from theft. Even though crypto is a newer trend, thieves are using old methods to steal. Here are some of the common cryptocurrency scams to watch out for. 1. Bitcoin investment schemes In bitcoin investment schemes, scammers contact investors claiming to be seasoned "investment managers." As part of the scheme, the so called investment managers claim to have made millions investing in cryptocurrency and promise their victims that they will make money with investments. To get started, the scammers request an upfront fee. Then, instead of making money, the thieves simply steal the upfront fees. The scammers may also request personal identification information, claiming it's for transferring or depositing funds, and thus gain access to a person's cryptocurrency. Another type of investment scam involves using fake celebrity endorsements. Scammers take real photos and impose them on fake accounts, ads or articles to make it appear as though the celebrity is promoting a large financial gain from the investment. The sources for these claims appear to be legitimate, using reputable company names such as ABC or CBS with a professional looking website and logos. However, the endorsement is fake. 2. Rug pull scams Rug pull scams involve investment scammers "pumping up" a new project, (NFT) or coin to get funding. After the scammers get the money, they disappear with it. The coding for these investments prevents people from selling the bitcoin after purchase, so investors are left with a valueless investment. #ScamRiskWarning @Binance Risk Sniper
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🚨AWFUL & HUGE Social Media Fake Crypto Scams 🤯😱😱 CHECK👇 The internet is a wild place, and cryptocurrency only further stirred the pot of confusion. Tons of scams are easy to fall victim to, no matter how advanced you are in navigating crypto and the internet. Is it even possible to avoid these fake crypto social media scams⁉️ If you’re interested in learning more about how to avoid social media fake crypto scams, you’ve come to the right place. Read on as we dive into the various types of scams,what to look for, how to defend yourself from the scams, what to do if you make a mistake, and more.It’s critical to remain safe as you search the internet and use cryptocurrency. Understand Types of Scams First, it’s ideal to understand the types of scams you will face. There isn’t just a one size fits all for this trickery - hackers and those with evil intentions will use several methods to get you to fall for their crypto scams. The more you know about them, the better off you will be. Here are a 7 common crypto scams: 🔹️Fake website: Scammers might create a fake crypto website to gather personal information and data. 🔹️Phishing scams: Phishing scammers will go after private information related to the e wallet. 🔹️Pump and dump schemes: Here, fraudsters will inflate a coin on social media, sell all their holdings, then watch as the value crashes. 🔹️Fake celebrity endorsements: Scammers may use the face or name of a celebrity to boost a scam. 🔹️Fake apps: Individuals may create fake apps that victims download on their phones. 🔹️ Blackmail and extortion: Some scammers get aggressive and claim exposure of private information unless the owner follows their rules. 🔹️ Giveaway scams: Scammers might promise to match the investor, which they do not. Familiarize yourself with these scams and memorize the general tendencies of each item. The more you know them, the easier it will be to avoid finding yourself deep in a troubling crypto lie #ScamRiskWarning @Binance Risk Sniper
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