{"id":76413,"date":"2022-11-28T11:05:05","date_gmt":"2022-11-28T11:05:05","guid":{"rendered":"https:\/\/businessyield.com\/?p=76413"},"modified":"2023-03-21T13:31:54","modified_gmt":"2023-03-21T13:31:54","slug":"the-scams-and-shams-of-crypto-what-they-are-and-how-to-avoid-them","status":"publish","type":"post","link":"https:\/\/businessyield.com\/cryptocurrency\/the-scams-and-shams-of-crypto-what-they-are-and-how-to-avoid-them\/","title":{"rendered":"THE SCAMS AND SHAMS OF CRYPTO: What They Are and How to Avoid Them","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
As you slowly get involved with digital currencies, it doesn\u2019t take long until you discover that the risks involved with investing in crypto can be enormous. And it\u2019s not just about the high volatility rate of crypto, we\u2019re talking about scams, fraud, hackers, and more, and cryptocurrency exchange platforms are no different. <\/p>
So when you\u2019re looking into crypto companies and startups, it\u2019s highly recommended that you confirm their legitimacy if the technology they\u2019re offering is blockchain-powered, which could mean that they track transaction data in detail. If you\u2019re choosing a particular crypto company or startup, think about your decision and help you with that; here are some common crypto scams and how to avoid them. <\/p>