There are many scams in the Bitcoin market.
As the Bitcoin market grows, scams are on the rise. What should investors do to avoid this? Let’s take a look at how to respond to such a fraudulent coin market.
Have you ever experienced fraud in the coin market?
Many scammers are scamming in the coin market in various ways.
1. Use a verified coin exchange.
Do you use a famous coin exchange?
Numerous coin exchanges are emerging. Among them are exchanges for fraud. That is why you should use an exchange that is recognized worldwide. Below is the coin exchange ranking. The exchanges shown in the picture are all normal exchanges.
Please check if you are using the exchange shown above. Of course, there are many safe exchanges besides those up there. However, it is because the exchanges that are used by people and have high trading volume are verified among them.
Binance, the most used worldwide, is linked below.
https://accounts.binance.com/en/register?ref=RJKYHK2D
※ This link has the biggest benefits of Binance Exchange: a 20% discount on fees and a $300 payback.
2. Be sure to check the site name of the coin exchange.
One of the most common types of scams on the Internet is scam sites. It is similarly imitating the site name of a famous exchange. So be sure to double-check the site name.
3. Be careful with your wallet connections.
Metamask wallet, Kaikas wallet, etc. are widely used by people. Using this, you can easily access the decentralized exchange, DEX Exchange, and trade coins. When you approve this connection process, be sure to confirm and click the OK button. Otherwise, unwanted coins or NFTs may be transferred.
4. Avoid foreigners who approach you through Discord, Telegram, etc.
If you are approached by a foreigner you do not know at all, be suspicious. This is a form of voice fishing.
The reason people you don’t know approach you is most likely to deceive you. At first, we will approach the general corona story. And it seduces you with pretty pictures and cool pictures. They will want to travel to your country. If you help with this, your money will be lost.
