How to Avoid Cryptocurrency Scams

Scammers are always looking for ways to steal your money using cryptocurrencies. Here are some things to know to dodge a cryptocurrency scam.

Only scammers demand payment in cryptocurrencies. No legitimate business will require you to send cryptocurrencies in advance, whether to buy something or to protect your money. That is always a scam.

Only scammers will guarantee you profits or high returns. Do not trust people who promise you can make money quickly and easily in the cryptocurrency market.

Never mix online dating with investment advice. If you meet someone on a dating site or app, and then they want to teach you how to invest in cryptocurrencies, or ask you to send them cryptocurrencies, it is a scam.