10 Signs a Crypto Investment Platform Is a Scam—and How to Avoid It
Summary
The cryptocurrency market, lacking centralized authority and attracting inexperienced users, is a prime target for scammers. Fake crypto investment platforms often pose as legitimate services. Recognizing scam indicators is crucial before engaging with any platform. The FTC offers a guide to detect common crypto scams by company name and type. Key scam types include phishing attacks, rug pulls, and fake airdrops. Scammers often pressure users into hasty decisions, so skepticism and thorough research are advised. Creating a crypto scam checklist can help protect assets and ensure peace of mind.
