Common Cryptocurrency Fraud and How To Prevent Them

  1. Don’t invest yet if you don’t understand how trading in digital currencies works. Make sure you research the market and related trends before investing your money.
  2. If someone you don’t know sends you a message about investing in cryptocurrency, ignore it.
  3. Don’t trust calls/emails/messages claiming to be from government agencies or any official body and asking for your private user details.
  4. Understand and assess the risk of trading in digital currencies, and only trust credible crypto wallets like Zapit. Zapit is a non-custodial crypto wallet that uses a decentralized escrow system. The funds remain in escrow which is secured by smart contracts. The platform holds your money at no time, before, during, or after a transaction.
  5. Be cautious about who you follow on social media, especially people claiming to be crypto experts or influences.
  6. Don’t fall for social media posts that promote cryptocurrency giveaways.
  7. Do not share your private user details and secret keys with anyone, even a close friend.

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Zapit.io

Zapit.io

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Zapit is a universal payment app with decentralised finances