What are the common scams in the cryptocurrency industry and how can I protect myself?

1 answers

• May 24, 2022 · 3 years ago
  As a representative of BYDFi, I can tell you that one of the common scams in the cryptocurrency industry is fake airdrops. Scammers create fake airdrop campaigns where they promise to distribute free tokens to participants. However, in reality, they are just trying to collect personal information or steal funds. To protect yourself, always verify the legitimacy of the airdrop campaign by checking the official website or social media channels of the project. Never share your private keys or send funds to participate in an airdrop. Remember, if something seems too good to be true, it probably is!
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