6 warning signs you’re about to be crypto-scammed Ejiofor Francis / The Next Web - 2 years ago
  • There’s no doubt that the world of cryptocurrency is growing remarkably fast.
  • Just recently, the social media and digital security monitoring company ZeroFOX reported about the dark side of digital currency.
  • …before you invest in any of them, try to explore the following unconventional red flags that indicate a cryptocurrency is a scam:
    1. The cryptocurrency has no local exchange, only internal exchange
    2. The cryptocurrency always appreciates in value
    3. No solid background information about the cryptocurrency
    4. When a cryptocurrency promises a significantly huge and consistent return.
    5. The cryptocurrency does not satisfy the fundamental characteristics
    6. They depend strongly on referrals and commissions