Scammers will always look for new ways to steal your money, thats not new. However, the massive growth of cryptocurrency recently has created plenty of opportunities for fraud. Cryptocurrency crime had a record-breaking year in 2022 – according to a report blockchain analysts If you’re interested in crypto, it’s your duty to be aware of the risks. Here, you will find out more about common crypto scams, how to spot them, and how to avoid them.

Types of Cryptocurrency scams
There are many different types of frauds involve cryptocurrency.
Lets talk about two of the most popular methods scammers use those days and how to avoid them.
Pushing scams:
Cryptocurrency signals pushing is a very known method scammers use to bait innocent people who just wanted to find the right investment for them. They let you think they know the market so they can help you to make high profits if you will invest with them. To often we evidence to people who trust those websites who promote unknown brokers with no regulations.
Bitcoin investment schemes:
Another type of investment fraud involves using fake celebrities endorsements. Scammers use real photos and impose them on fake accounts, ads or articles to make it appear as though the celebrity is promoting their huge financial gains from the investment. Those articles appear to be legitimate, using reputable company names with a professional-looking website and logos. However, they promote fraud.