Post
Topic
Board Altcoin Discussion
Re: How do I know if an altcoin is a scam?
by
eckmar
on 09/06/2021, 10:50:03 UTC
Do they need their own token? Can the same thing be achieved with already existing currency (BTC, ETH etc)? If they first make the token, then find the uses for it its most likely scam. Not in a way that they blatantly take your money, but they just issue token as a get rich quick scheme for themselves.