To steer clear of a crypto con, here are some things to know. Only scammers demand payment in cryptocurrency. That’s always a scam. No legitimate business is going to demand you send cryptocurrency in advance – not to buy something, and not to protect your money. Don’t trust people who promise you can quickly. Easily make money in the crypto markets. Never mix online dating. Investment advice. If you meet someone on a dating site or app, and they want to show you how to invest in crypto, or asks you to send them crypto, that’s a scam. Only scammers will guarantee profits or big returns.
A criminal extortion attempt.
And they will never demand that you buy or pay with cryptocurrency. Report it to the FBI immediately. Don’t pay anyone who contacts you unexpectedly, demanding payment with cryptocurrency. Scammers might send emails or U.S. Then, they threaten to make it public unless you pay them in cryptocurrency. Don’t do it. This is blackmail. Never pay a fee to get a job. A criminal extortion attempt. This is blackmail. A criminal extortion attempt. If someone asks you to pay upfront for a job or says to buy cryptocurrency as part of your job, it’s a scam. Never click on a link from an unexpected text, email, or social media message, even if it seems to come from a company you know.
Crypto Trading Is Legal In India
A so-called “investment manager” contacts you out of the blue. They promise to grow your money – but only if you buy cryptocurrency. The investment website they steer you to looks real, but it’s really fake, and so are their promises. Transfer it into their online account. If you log in to your “investment account,” you won’t be able to withdraw your money at all, or only if you pay high fees.
Those are easily faked. Honest investment managers or advisors want to share that information and will back it up with details. Scammers promise free money. No matter what the investment, find out how it works and ask questions about where your money is going. Scammers make big claims without details or explanations. They’ll promise free cash or cryptocurrency, but free money promises are always fake. Before you invest in crypto, search online for the name of the company or person and the cryptocurrency name, plus words like “review,” “scam,” or “complaint.” See what others are saying.