3/10/2023 0 Comments Bitpay scamAll cryptocurrency transactions are irreversible and you will not be able to get your money back. If it sounds too good to be true, it almost certainly is. Now that you’ve learned about the latest techniques being used by giveaway scammers, there are two simple rules that we’d like you to remember that should help you avoid scams like these in the future: Protecting your investment and fellow investors With that said, let’s move on to some recent trends. Additionally, you can earn cryptocurrency by learning about them through Coinbase Earn. Now that you understand the gist of what giveaway scams are all about, we’d like to make it extremely clear that even when Coinbase does occasionally conduct sweepstakes, we will NEVER ask you to send crypto to receive crypto. However, because cryptocurrency transactions are irreversible, once a victim sends money to the scammer’s address, there is nothing anyone can do to get it back and the scammer has made a profit. The catch here is that in order to participate in the giveaway, you must first send a certain amount of cryptocurrency to a giveaway address so that you can verify your wallet address and receive your share of the giveaway. In a nutshell, giveaway scams are a form of social engineering in which a scammer attempts to deceive a cryptocurrency investor into believing that a major cryptocurrency exchange or celebrity is hosting a giveaway. In this article, we’ll cover an increasingly common technique used by online scammers - the giveaway scam. Whether you’re a seasoned investor or just beginning to get your feet wet in the crypto-space, we encourage all of our customers to educate themselves on current cryptocurrency related scams and how to identify them. Cryptocurrency giveaway scams have been a problem for those involved in the crypto-community since the last major bull run in late 2017.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |