Post
Topic
Board Altcoin Discussion
Re: Earn BNB by holding a token.
by
Desmong
on 11/07/2021, 07:50:32 UTC
But, of course, we are always skeptical...do you believe that a programme like this can truly succeed and last? Or is this just another avalanche of meme token metamorphosis?

Telegram is full of scams in my opinion, so those offering you a large APY will probably want to take your precious BNB coins and give you worthless BEP20 tokens that will eventually be dumped to zero, abandoned and forgotten. To be honest, this type of investment could be an ordinary Ponzi or MLM scheme. They will attract new investors and pay you BNB, but one day they will disappear with all the coins raised.

I advice you to only lend BNB coins on trusted platforms like Binance or BlockFi. You can also delegate your BNB coins to one of BSC validators of your choice.
It is very important for one to carry out thorough research about the said coin cause the risk that is associated with this kind of coin might be much. A lot of crypto scam activities had been going on in Telegram which is a way of gathering participants to support or invest in a meme coins that would later disappear without any notice. This kind of offer is somehow suspicious giving an holder of a coin BnB as compliment in return, which I think nothing really good might come out of this project.