🔴 The 6 most common ways of fraud:
1. Scam Coins:
Promises of unrealistic returns in a short time, but in the end, the currency disappears without a trace.
2. Ponzi Schemes:
Enticing investors with fixed returns, which are paid from the funds of new investors until the system collapses.
3. Phishing:
Fake messages or sites aimed at stealing passwords and digital wallet keys.
4. Impersonation Scams:
Accounts impersonating famous personalities or platforms to collect investors' money.
5. Rug Pull:
Launching a promising DeFi or NFT project, then suddenly withdrawing liquidity and leaving investors at a loss.
6. Fake Airdrops:
Links asking you to connect your wallet or pay a small fee "to activate the airdrop," only to steal your money.
🔐 How to protect yourself as an investor?
✔ Verify the project's source: Always look for the team, partnerships, and official documents (Whitepaper).
✔ Use secure wallets: Preferably cold wallets (Hardware Wallets).
✔ Beware of suspicious links: Do not click on untrusted links from email or social media platforms.
✔ Ensure smart contracts: Do not invest your money in any DeFi project before reading expert reviews.
✔ Diversify your investments: Do not put all your capital into one currency or one project.
✔ Continuous learning: Knowledge is your first weapon to combat scammers.
