Easy Ways To Avoid Ponzi Schemes in Crypto

Krutika Adani

Don't Fall for Ultra-High Returns

Scammers usually lure new users by promising them higher returns than what is possible in the markets.

Verify the Project and Founders

An easy way is to check the project history in business listing websites such as Crunchbase and Trustpilot.

Research on Project Viability

Most importantly, check if the project has a viable idea or is just trying to sell you hope.

Check for User Activity

Almost all genuine projects have decent user activity on their social media and on the blockchain.

Never Fall for Guaranteed Returns

Crypto markets are highly volatile and cannot offer guaranteed returns except for stablecoins. Even then, there is a risk of default.

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