How to recognize cryptocurrency scams?

1. Look out for promises of unrealistic returns: Cryptocurrency scams often involve promises of high returns that are too good to be true. Beware of any investment program or offer that promises guaranteed returns.

2. Look for guarantees: Legitimate investments never come with guaranteed returns, so any offers that promise guaranteed returns should be treated with suspicion.

3. Check the legitimacy of the team: Scammers often pretend to be working on behalf of legitimate businesses or organizations, so it’s important to thoroughly research any team members before investing.

4. Research any offers you receive: Before investing in any cryptocurrency scam, take the time to research the offer and ensure that it is legitimate.

5. Be wary of online messages: Cryptocurrency scammers often use online messaging services to try and solicit investments. Be wary of any offers or requests for payments that arrive via these services.