You've probably come across this kind of message "Send us your BTC and we'll double it" trick either on your Facebook, WhatsApp or Telegram. The painful part be say our Nigerian people still they fall for these kind scams every single day. And e dey make we wonder why abi wetin go drive you to go invest or send money inside one audio platform wey go promise to double your money within hours. Reason someone telling you to just send ₦100k worth of BTC and they will turn it to ₦200k for you within few hours or like some will claim they want to bless you.

Their Format
Some even hide under government backed empowerment Promos or programs to make this offer, while others hide under fake celebrity accounts to make it look like giveaway offers and even use words like sow your crypto seed today and reap double under 24 hours, etc. The aim is to prey on your frustration and financial desperation to scam you.

The Red flags
But here are also some red flags you should notice in this kind off message offer:
Make you know say these kind of offers dey always come attached with some urgency such as 'Only 5 slots left, grab now '. Some will even send you fake transaction receipts and fake testimonials from telegram users that never existed to in a sense lure u into believing in their tricks but it's all lies every time.

The real truth
The truth be say, there's no real crypto investment company or a legit trader, protocol or app which will tell you to double your funds magically, none of the real guys or companies can guarantee you that. Once you see person wey dey promise guaranteed instant profits with just a deposit, run away because it's a pure scam alert.

The reason why people still dey fall for these tricks be say plenty of our people have little knowledge on how these crypto works while many of them are in poverty and looking for ways they can escape from poverty.

But if you ask me also, I will tell you the reason why it's lucrative for the perpetrators is because there's no solid regulations around online promotions in Nigeria and because of that many become victims while the perpetrators go unpunished.

But what we can also do is to:
1. Educate ourselves about these scams
2. Do more of digital literacy advocacy online in our local dialects
3. Report scam accounts once you recognize one because we need more voices to protect the powerful reputation behind crypto in our lives.

Our solution
I will like to engage us in two exercises on this thread:
1. Share your personal experiences around a similar incident or case of crypto doubling scam you encountered
2. Once you see any advert of a crypto related scams like this, take a screenshot of it and drop it here for our more experienced members here to kind of debate or authenticate, before we end up falling for it.