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?
As a crypto beginner you be, you no need take advise from anyone wey dey social media because there nah were scammers them plenty. As a beginner, if you take any advice from somebody for social media nai be say one day them to scam you, even if no be the ones wey dey give you dey advise nai scam you another person go scam you because you go think am say others dey like the adviser.
Scammers nah set of pipo wey go just come into your DM uninvited and start to dey tell you about something wey involve investment and me and you know say no free money anywhere. Their intentions just dey to scam you, which means if you give them any listen ears you done already fall for their scam/trap. So the best thing to do when you witness something fishy nah to just block them ASAP or report the account before blocking if necessary.