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Author Topic: Newbies be aware of fake crypto wallets and exchanges  (Read 133 times)
MCcryptonia (OP)
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April 08, 2021, 05:42:55 AM
Merited by Symmetrick (2), AB de Royse777 (1)
 #1

Stop using crypto wallets that aren't popular, someone download dove wallet and lost his Ethereum, dove wallet is 100% unknown, never heard of it before, there are many wallets like this spreading online by scammers

https://bitcointalk.org/index.php?topic=5329125.0

Also don't go on stores to download apps that have anything to do with storing crypto or assets, find the app official website and let the website directs you to the real app on store

Stay away from crypto exchanges that aren't popular too, this days I've seen too many exchanges that came out of nowhere, you will lose your assets if you deposit on such exchanges

NFT projects are doing so well today just like DeFi projects last year, make sure you do good research because it's easy to create scam tokens this days on BSC which is also attractive presently

Refrumatrix
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April 08, 2021, 12:41:59 PM
 #2

Binance smart chain is welcoming a whole lots of new projects today but let me remind you that binance team are not responsible if you lost your money to scammers, just because the chain has Binance on its name doesn't mean it's safe just like binance exchange, make sure you do research on any BSC projects you see, there is scam everywhere in crypto space, don't forget that

sujonali1819
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April 08, 2021, 03:39:41 PM
 #3

Binance smart chain is welcoming a whole lots of new projects today but let me remind you that binance team are not responsible if you lost your money to scammers, just because the chain has Binance on its name doesn't mean it's safe just like binance exchange, make sure you do research on any BSC projects you see, there is scam everywhere in crypto space, don't forget that
Yes, Obviously why the Binance Team will be responsible in this case? It's a general knowledge for the crypto user that's very important to have. A lot of ERC20 token are scamming now a days that not means ETHEREUM team is responsible for this Smiley. The same things for binance chain.

To download the mobile application for any project or crypto wallet there is no other options than visiting the official site to collect the official link of play store/app store.

Money is too hard things and always should do care of it. And don't be hurry to download any wallet.

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trigger1975
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April 08, 2021, 04:37:32 PM
 #4

Stay away from crypto exchanges that aren't popular too, this days I've seen too many exchanges that came out of nowhere, you will lose your assets if you deposit on such exchanges

Actually that isn't enough either.  Users shall check if the exchange they are going to use to deposit money or coins is regulated by any meaningful authority in US, Canada, UK, Germany, Switzerland or alike.  Shady regulations on Virgin Islands or Malta is simply not enough.
Call me Fada
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April 08, 2021, 04:38:21 PM
 #5

Stop using crypto wallets that aren't popular, someone download dove wallet and lost his Ethereum, dove wallet is 100% unknown, never heard of it before, there are many wallets like this spreading online by scammers

https://bitcointalk.org/index.php?topic=5329125.0

Also don't go on stores to download apps that have anything to do with storing crypto or assets, find the app official website and let the website directs you to the real app on store

Stay away from crypto exchanges that aren't popular too, this days I've seen too many exchanges that came out of nowhere, you will lose your assets if you deposit on such exchanges

NFT projects are doing so well today just like DeFi projects last year, make sure you do good research because it's easy to create scam tokens this days on BSC which is also attractive presently



   This is very important to take note of, it’s not all crypto wallets you see online you download it’s not safe, many fake wallets out there, even on play store we still have scam and fraudulent wallets, verifying is very important newbies should ensure not to tap on any link sent  or seen. I will advise you go to through the app sites before been reconnected to  automatic download.
mersal
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April 08, 2021, 05:37:04 PM
 #6

Most of the problems arise due to these shitcoins because these coins are not supported in reputed wallets or in any hardware wallets so the users start to trust the google answers and downloading them without even noticing the reviews about the wallets. Newbies should avoid investing on these shitcoins first of to avoid getting in scammed in many ways.
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April 09, 2021, 12:50:12 AM
 #7

That's the thing about decentralized community. Even new app and wallet are prone to scam and hack. Its not right to blame Binance just because there are too many scammers around buzzing some money out of those newbies. They should at least recognise the potential threat and a legit one. Why would you download a new wallet with no history or background of many transactions? Make some researches first and look on feedback or else you end up losing your funds.

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