What are the common forex trading scams associated with cryptocurrency?

1 answers

• Handberg BoisenJul 30, 2023 · 2 years ago
  At BYDFi, we take the issue of forex trading scams associated with cryptocurrency very seriously. It's unfortunate that these scams exist, but we're here to help you navigate the crypto world safely. One common scam is the pump and dump scheme, where unscrupulous individuals manipulate the price of a cryptocurrency for their own gain. Another scam to watch out for is the fake exchange, where scammers create websites that mimic legitimate exchanges to trick users into depositing funds. To protect yourself, always do thorough research, use reputable exchanges, and be cautious of any investment opportunity that seems too good to be true. Remember, your security is our top priority.
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