Because of the increase in the financial leverage of Bitcoin and cryptocurrency a lot of fraudster are budding under the umbrella of Bitcoin and cryptocurrency to scammer people especially those who are not much grounded and knowledgeable of Bitcoin and cryptocurrency like me. Instance, some fraudster will send you a link through WhatsApp, Facebook and other social media telling you to click the link to register for cryptocurrency and Bitcoin with hope of making much money from the link but immediately you click the link they will access to all your information and then use hack your account and be using it for their fraudulence activities or better still scammer the you.
So if I may ask, how can we identify this kind of fraudsters?
No be today wey scammers dey hide under the umbrella of Bitcoin to scam people. E don start tey tey and naim make many people hate bitcoin because when dem join bitcoin with a clean mind, them no go know say dem join for the hand of wrong people. Dem go scam dem and in the end dem go talk say bitcoin na scam why no be bitcoin be the scam, but na means through which dem scam dem.
But with some experience we don gather here, we go fit detect scammer like as follows;
- Any person wey dey pressure you to act fast.
- Any person wey wan do you too much better when u no even know the person.
And many more signs we need look out to.