Post
Topic
Board Altcoin Discussion
Re: How to check if an altcoin is a scam
by
jrrsparkles
on 01/01/2024, 18:53:27 UTC

Does not all project start off with not being listed yet in big exchanges such as binance? If it is not yet listed, does it automatically mean that it is a scam?

It could just be a newly launched project with a potential to increase a lot of altcoins would not even reach being listed in an exchange but i do not think all of them turn out to be scams it is just that some of them do not reach the expectations to be listed in an exchange

A project to be listed on an exchange like Binance itself big achievement and 99% of the time the projects won't reach that height but it doesn't make them a scam project which I agree. Also, the points mentioned in OP are good too and let's say it can help us to avoid 60-70% of the scam projects if we follow all those things but a project that has existed successfully here for years can even plan for an existing scam and that kind of scams can never be predicted.