Tag Rug pull scam

bitcoin, cryptocurrency, currency, cryptocurrency scams

How to easily identify cryptocurrency scams (9 red flags)

Cryptocurrency scams are becoming more prevalent and sophisticated, targeting both new and experienced investors. Here are 9 red flags of cryptocurrency scams: 1. An unsolicited offer or request 2. Fake celebrity endorsement 3. Romance scams 4. pressure to transfer your crypto to another wallet 5. You encounter a giveaway scam 6. Fake mining app or network 7. Rug pull scam 8. pump-and-dump scheme 9. fake expert or advisor