#ArbitrageTradingStrategy

Never seen working arbitrage other than scam.

🚨 Crypto Arbitrage Scams: Don't Get Fooled!

While crypto arbitrage is a real strategy, scammers increasingly use it to steal funds. Here's how to avoid them.

🔍 Common Scam Types:

1️⃣ Fake Arbitrage Bots

- Promise "passive income" from price differences

- Require deposits or exchange API access → funds disappear

2️⃣ Fraudulent Courses

- Sell "secret strategies" with profit guarantees

- Deliver useless info or block users after payment

3️⃣ Ponzi Schemes

- Fake "arbitrage pools" paying old members with new deposits

- Projects like Bitcoin Arbitrage Fund (disappear in 2-3 months)

4️⃣ Phishing Exchanges

- Clone real platforms adding "arbitrage features"

- Steal deposits after account funding

🛡 Protection Tips:

✔ Check returns: real arbitrage rarely yields >0.5% daily

✔ No deposits: legit services don't require fund transfers

✔ Verify reviews: watch for fake testimonials

✔ Team transparency: anonymous founders = red flag

Known scams: Bits2u (2018), CryptoFX (2022)

🔎 Before investing:

- Google "[project] + scam"

- Check domain age (Whois)

- Request code audits for bots