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It is important to be aware of the risks when looking at investing in cryptocurrency. There are lots of scams involving crypto, and fraudsters are very eager to take advantage of you to steal your money.
First, what is cryptocurrency? Cryptocurrency is a type of digital currency that you usually only use and purchase on your phone, computer, or cryptocurrency ATM. Well-known cryptocurrencies include Bitcoin and Ether, but there are many new ones being created.
Next, here are some common cryptocurrency scams and how to avoid them:
How to protect yourself from cryptocurrency scams:
Overall tips for avoiding cryptocurrency scams:
Scammers are always trying new ways to steal your money and get you to fall victim. Be aware of this and make sure to protect yourself and your money! To learn more about all things cryptocurrency check out these articles:
We’re here to help! Visit our webpage to stay up to date with the latest fraud and scams.