What Are Crypto Exchange Scams? WAXP Explains How To Spot Fake Offers In 2022

What Are Crypto Exchange Scams? WAXP Explains How To Spot Fake Offers In 2022

Do you know that even trusted news sources can be hacked into? That is why we always mention to DO YOUR RESEARCH when investing in cryptocurrencies. Experts have noted that despite, or perhaps because, of the completely decentralized platform of cryptocurrencies, more scams are being reported in the cybersphere.

Addressing this, WAX Dynasty releases a new report on how to spot cryptocurrency scams in 2022. The new report focuses on the highly controversial “launch” of a new BSC token called, One World Currency. 

It featured a contact address and even listed a pre-sale price, though no account number was given.  While seemingly innocent, One World Currency began popping up in several highly trusted crypto news sites without their owner’s permission. 

The scam was immediately reported but experts noted that One World Currency was able to pull in more than a few hundred dollars.  That is why you should do your research before investing in a cryptocurrency – even if it comes from a reliable source. 

A good rule of thumb is to always discern whether something sounds “too good to be true”. If something seems too unrealistic, it probably is.  Disclaimer: This information does not constitute investment advice or any other kind of advice.

Go to the link in the description to learn more.