Scams In Crypto: Common Scams In The Cryptocurrency Market
Crypto scams are unfortunately still a reality. Wherever there is promise and potential, malicious individuals will try to take advantage. With the cryptocurrency market, there is the opportunity to steal money so scammers are always looking for new ways to trick people into handing them their details or money directly.
To oppose this, security in this space has stepped up, with the weakest link now generally being the user. This is why scams generally look to tackle individual users.
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The most common type of scams that I’ve been encountering are the cloned websites,airdrop scams,ad scams and ofcourse the pretty common one, Email scams. You can literally encounter this on any type of social media. When it comes to fake admins, its pretty easy to distinguish if its real or fake unlike on the sites and airdrops.
Your not a real enthusiast till you have been ripped of a few times