How to Avoid Crypto ScamssteemCreated with Sketch.

Crypto is an incredible lucrative space right now, but it's brought out some incredibly sophisticated scammers. Here are some of the most common ways that scammers are trying to hack or steal your cryptocurrency and what you can do to protect yourself and your money!

Bottom line: Don’t Get Scammed

USE 2 FACTOR AUTHENTICATION - use it on your email too
Never give away your private keys (or store them online where they’re accessible)

Use a hardware wallet

Don’t keep your money on exchanges long-term
Don’t click on Google Ads

Don’t fall for Slack or Telegram messages and phishing attempts

Don’t listen to “guaranteed” return on investment

Don’t invest in fraudulent ICO’s (See Confido)

Before you send money ANYWHERE, always check it’s legit

Buy Bitcoin, Ethereum and Litecoin on CoinBase and get $10 worth free:
https://cryptobobby.com/coinbase

Secure your Crypto with a Ledger Nano S:
Amazon (faster shipping):
https://cryptobobby.com/ledger-amazon
Ledger (slower shipping, but cheaper): https://cryptobobby.com/ledger

Get a Free Trial of Coinigy (the trading/charting software I use):
https://cryptobobby.com/coinigy

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https://steemit.com/@cryptobobby

Follow me on Twitter:
https://twitter.com/crypto_bobby

Join the Facebook Group:
https://www.facebook.com/groups/140921189836895/

*Some of these links may be affiliate links, meaning if you click and purchase something, I may receive a small commission at no additional cost to you. I only recommend companies and products I personally use, and any commissions help to pay for content creation. Thanks! *

** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**

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Really useful advice.

interssting !! Really nice article

You simply need to run checks multiple times.

Really nice article. carry on this activity.i know do u hard work for this video good jab.

The best way to avoid this type of scam is to only click links provided by official social media accounts of the company doing the ICO. Don’t click links from random reddit posts, don’t click links from people in Facebook groups, and definitely don’t click links from people who message you with a link to an ICO.

How to avoid crypto scams: use your brain

scam is big challenge this days spaciously on ICO

Well said and it is also good to just stick to coins that have the biggest market cap like bitcoin/ ether

Thanks for share......
always success

Yeah. Nowadays there are many fake businesses offering lucrative deals. Here are a few steps to avoid them:

  1. Avoid ponzi schemes
  2. Avoid deals that claims to give you unexpected percentage of profits per day
  3. Don't believe businesses that claims that they are a registered company because company registration is not a big deal.
  4. Lastly ensure a thorough investigation of the company before investing your hard earned money
    Thank you

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