Is there a fake coin?

[nhets18]

Of course there fake coins. That's why we need to be extra careful whenever we want to invest into a coin. We need to find out some qualities of the coin. Its worth and so on. Fake coins do really exist.

Fake coins are everywhere, actually this 2018 a lot of fake coins created and most of them now already disappeared. Before making investments we need to do more studies about the project we will do investing.

[bgpsq]

I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?

There are many fake coins with similiar token acronym. Last time I did a mistake, I want to buy Sharpay on Yobit, so I bought SHRP (token acronym) and this was totally diffrent coin - no use, no website, nothing. After that I found out that Sharpay acronym is only S  .

[r_delossa]

There are some fake coins on this market. But it also depends on what do you mean by a fake coin. There are projects that have collected funds and are not live on exchanges. There are scam projects, projects, that did not reach their soft cap and collapsed. I think everything from this list is a fake coin.

[Snake9999]

There are many counterfeit coins on the Internet. If you want to avoid being cheated, you can check if these cryptocurrencies exist on some exchanges. If not, please give up buying!

[fuer44]

now there are a lot of fake coins, especially if you see that the funds raised by ico are currently falling dramatically. to make sure it was indeed quite difficult, so I was never interested in new coins. usually a fake or a scam is a new coin that is in ico's time. so buy coins that are already on the market for investment or trading. for example ripple, cardano, or etherum.

[bijoml]

Truly their are a great deal of phony coins out there however don't stress over it by doing some exploration and painstakingly understanding you can maintain a strategic distance from them by perusing their white paper you can understand whether that specific task is phony or not and in the event that it not interesting and simply like a duplicate

[Levious]

There are so many counterfeit coins that they use this simple copy to copy other coins and hype. You want to avoid encountering such coins and you must learn knowledge. There are so many scammers here.

[JayCue]

Fake coins are real and are made mostly to get people's private information before scamming them.
That is why we need to be very careful especially when buying coins so we don't end up losing.

[xPASTELx]

I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?

There are really no fake coins, there are just coins, there is no way for anyone to make counterfeit coins for, people just make coins that resembles other coins in an effort to make people think that they are investing in the right coins. There are so many kind of scams right now in the market because people are greedy trying to rip off other investors in the industry

[honghe99]

There are many counterfeit coins on the internet. They use the name of the cryptocurrency as a cover. In fact, they are not generated by blockchain!

[3lyntmy]

I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?

of cz we won't invest in fake coin, u do?

[I Like Bitcoin]

Probably no fake coins, there are fake projects. Such projects are usually called: SCAM. They promise investors a big profit, and in fact only want to deceive people.

[GmBoom]

You can not certainly identify immediately if the coin is a fake or not. But by making research and far more way of verification of the details of the coin or project, can surely identify it if its fake.

[Thefrolly]

I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?

There are lots of fake coins out there, these are coins that have nothing that they are used for, they are just used for scamming people. The scammer make the coins look like coins that have already existed to make people think that they are investing in a coin that they know not know that they are investing in a scam coin and they end up losing their money

[memecoin]

I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?

I think it is very possible that I have but I have never met, because I only invested safely . And I reaffirm that there are fake coins around us that are still alive. As I see it, if you see a strange coin that you do not know you can come up to ask but who goes first, maybe they know and show you.

[Dobby070]

I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?

I think these coins do exist, and it is use to scam others. We should better be cautious in investing and make sure to do background checks.

[inwas797]

I can only assume that there are fake coins, but so far he has not met.I recommend using proven exchanges and then get to avoid problems with fake coins.

[iancortis]

everyday new tokens come out and most of them are not have enough information from the team and what their uses/purpose on their platform, and also facing in the future competition with others.

[various]

I think you mean scam, not fake. Because you can't fake any coins in the market. Maybe you can simulate it as a name but you can't accomplish that on the blockchain.

[darkangel]

I think you mean scam, not fake. Because you can't fake any coins in the market. Maybe you can simulate it as a name but you can't accomplish that on the blockchain.

I also guess that he is referring to the cryptocurrency scam. Altcoin scam appears in this market and in my opinion more than 80% of altcoin is scam, including the active altcoin at this time.