How To Avoid Getting Scammed On Bitcoin trading valueBitcoin trading value is decided by a system beyond mere governments and institutions. It is run by protocols not many people understand. Yet, it attracts a lot of investors and traders due to its growing value.Since few know how Bitcoin really works, the chances and opportunities of cheats and scams are high. “The trading for quick gain” clause that attracts the masses becomes a tool for the dark side of Bitcoin. Lack of awareness leads to greater vulnerability of someone’s money. Let’s look at some ways to avoid Bitcoin scamming and save yourself the trouble.Keep reading to know more about bitcoin trading value scam.
#1 — Avoid Phishing -Bitcoin trading value
With phishing scams, people trick you into giving your personal information such as account details. Such incidents have occurred a lot in finance and e-commerce websites. Moreover, Bitcoin transactions cannot be upturned. So, if you give your account information to somebody unknown, the money is gone for good. Scammed On Bitcoin trading value
Emails from unidentified sources, leading to fraudulent websites track down your account information and steal your money before you could even notice it. SMS and phone calls from various companies about prizes or even claiming to be an established Bitcoin mining site ask for the account information as an excuse of verification. There have been multiple cases of look-alike websites through advertisement. When you search for a particular keyword, it appears to be a genuine website but leads you to a phishing website that can track your info and put you into trouble.
1. Do not tell any unknown person your account details or attend any such calls that seek your account information for whatsoever reason.
2. Keep your account information regularly updated. Change your password in adequate intervals and be updated with the activities in your account
3.Check the URL of the websites you visit for mining and also the addresses of related emails.
4.Enable smart features such as PINs, two-step verifications, etc. for the security of your account
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