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Common Crypto Scams
4 articles
What are Ponzi Schemes?
Last Updated: November 15, 2021As the cryptocurrency market continues expanding, it is definitely necessary to know what Ponzi schemes are. As developers and projects are trying to gather funds through token sales, Ponzi schemes might also seem to be legitimate. But these schemes are simply frauds. They are trying to steal our money. In this post, we will discuss...
What are Pyramid Schemes?
Last Updated: November 15, 2021There are several projects in the crypto market that are offering new opportunities to users to invest their funds. However, not all of them are 100% legitimate. There can be pump & dump schemes, Ponzi schemes and also pyramid schemes. In this guide, we will discuss what Pyramid schemes are, how to detect these scams...
Daily Earnings Scams
Last Updated: November 15, 2021If you have been contacted to earn money on a daily basis in the cryptocurrency market, then this should raise a red flag. Daily earning scams have been expanding in recent years. The first thing you need to know is that there are no magic solutions to make money. No matter if they tell you...
Cryptocurrency Mining Scams
Last Updated: November 15, 2021The cryptocurrency market has been a place where scammers and fraudsters became very active trying to steal users’ funds. Cryptocurrency mining scams expanded in the last years and it affected users from all over the world. In this guide, we will explain what Cryptocurrency mining scams are and how you can avoid them. What is...
