The cryptocurrency world is full of innovation and opportunity. However since the space is still young and unregulated, there’s a high risk of getting scammed without any recourse to recover your funds. In the “real world” you can go to authorities or banks to get charges reversed or your properties returned potentially. No such luck in the crypto world where transactions are often anonymous and irreversible. That’s why it is very important to be well educated about the various risks and types of scams out there – so you can better avoid them without anyone holding your hand. That’s also why we created CryptoCanary (cryptocanary.app/), a tool to help you research various crypto projects and see which ones are potentially shady/scam or legit. In this video, we’ll cover 10 of the most common cryptocurrency scams out there and provide images/screenshots of them as well. That way you can hopefully be on the lookout for them and know what to avoid when you encounter them.
For the original article on Medium: medium.com/@btc4beginners/list-of-crypto-scams-that-you-should-be-aware-of-54f2bddd5570