Is there a fake coin?

[bouren]

There are more than 1500 coins avilable in the market. You cannot do research about each and every coin. If you want to buy some coins just refer coinmarketcap website. You will get every detailed information about all coins. Just visit the website and choose your coins for investment.

[heritage35]

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

What do you mean by fake coins? Are you referring to shit coins? There are lots of them out there and most times, i see traders trade on them, because they are mostly pump and dump coins.
As a traders, i may not totally avoid them, because i know they can give me my profit.

[Predator25]

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

Not actually a fake coin is being implement but the ICO itself. There are also many ICO that are scam you can see it in the whitepaper or in the website itself you can recognize it easily if that is really feasible to happen or not. But for me thats not the explanation because sometimes yiu need to take risks.

[tamango]

You have to pay attention when you are using decentralized exchanges like etherdelta And idex because There Can be fake coins that have same name of original one. You have to look at contracts and it’s better to check also online before buying in that case

[Boysisig207608]

Yes I have encountered many times this fake coins and not just that I really have a few fake coins in my ETH wallet where they've sitting there useless just like since they were just being developed for fraud just to rob it's investors money and then abandon the fake coin after completing its devious plan.

[coinsycrip09]

You have to pay attention when you are using decentralized exchanges like etherdelta And idex because There Can be fake coins that have same name of original one. You have to look at contracts and it’s better to check also online before buying in that case

you are right,
we have to check it more before making a transaction, there have been many evidences found that fake coins are circulating in some markets.

[Torps1]

Yes... There are some fake coins out there. As a bounty hunter or an investor, you need to study a project very well before supporting or investing in it.
A careful study of a project can help you to avoid the fake coins.

[Lynks]

There are scam projects especailly those without anything to offer.  They develop coins without any notable use and at the long run investors loose their funds . It's important you do good reserach before diving into any project

[paul gatt]

Currently counterfeit money exists in the market. There are even places to print counterfeit money and sell counterfeit money to the market. That happens because the laws of our country are not tight, loose management to bad guys practice. We must know how to distinguish between counterfeit money and real money, avoid being cheated.

[paul gatt]

Currently counterfeit money exists in the market. There are even places to print counterfeit money and sell counterfeit money to the market. That happens because the laws of our country are not tight, loose management to bad guys practice. We must know how to distinguish between counterfeit money and real money, avoid being cheated.

[De_nis]

There are fake Coins and even fake ICO and fake bounty campaigns, always check the address of the contract when you want to buy or sell your ERC20 tokens!

[Lwtelencio]

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

theres no fake coin at all but theres a lot of scam and they use different coins to incourage people to make an investment through thier site. To avoid this do research first before dive on investment.

[mutrang23]

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

No false coin exists in Cryptocurrency. There are no worthless coinshit, and there are always Altcoin losses for those who buy it. Be careful and stay away from these altcoins as it easily grows up quickly and then falls uncontrollably causing your money to evaporate.

[loveinberlin]

I think that btc and ether are only coins that are worth investing in. To my mind, it is better to keep coins which are popular to know that they will bring you profit and expected success

[Winterizing]

I think fake coins are those coins that has value and later on it will pop like a bubble. I would say they are scam rather than fake because money is involved.These coins are mostly HYIP schemes making you invest more for more profjts.

[luckybit1]

As a hunter i have lot of fake coin in my wallet..I have more than 50 shit or fake coin ,each time i open it i smile  then console myself .it took me a lot of time and energy to work for them in the end they will be no were to be found.

[zero714309]

Fake coin very so many at all even the real team could also make fake coins project. To avoid this, we requires a lot of analysis and also info from many forums. In 2018 was a year bad enough for crypto. Project scam more and more difficult to differentiate. May we always be careful.

[King Bounty]

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

how to avoid buying fake coins is that you buy coins in a well-known or convincing exchange (at least already on the coinmarketcap list), or if you buy coins in decentralized trading (such as EtherDelta or ForkDelta), you can enter or see the smart contract of the coin to ensure that the coin is genuine and not fake.

for example, buying coins in decentralized trading :
smart contract from EOS : 0x86fa049857e0209aa7d9e616f7eb3b3b78ecfdb0
you can check it in etherscan.io

then input the smart contract like this
https://etherdelta.com/#0x86fa049857e0209aa7d9e616f7eb3b3b78ecfdb0-ETH

[Mavis]

If you do good research you do not buy fake money. The only solution is to think of all possible possibilities before trading crypto money. Prefer crypto-money exchanges that you trust. So you won't lose money.

[MonkeySlapFest]

I only invest in fake coins as they give great profit!