$BTCMT or $BTCMTI: which one is correct?
Many users fall for scams where fraudsters not only copy the project's name but also create tokens with identical names. Both beginners and experienced individuals might find it difficult to immediately recognize that the project is a duplicate and its tokens are worthless.
Here are three tips to avoid falling victim to scams in your portfolio:
Access project social media channels only through the official website. Avoid searching for the project's name on Twitter or other social media platforms. Search engine links often lead to scams, sometimes even with the correct HTTP headers in search results. Therefore, always double-check the headers after accessing the site.
Be cautious of fake Twitter accounts promising token giveaways. To help identify spam in your news feed, you can use the browser extension from DefiLama. It will automatically highlight scam messages in red.
Use reputable cryptocurrency exchanges and platforms that thoroughly vet listed tokens to minimize the risk of encountering fraudulent projects. If you are unsure about a project's authenticity, you can find the original or desired token on websites like CoinGecko and DefiLama. These sites provide detailed information about projects, including TVL, token price, audit status, and links to social media, among other things.
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Many users fall for scams where fraudsters not only copy the project's name but also create tokens with identical names. Both beginners and experienced individuals might find it difficult to immediately recognize that the project is a duplicate and its tokens are worthless.
Here are three tips to avoid falling victim to scams in your portfolio:
Access project social media channels only through the official website. Avoid searching for the project's name on Twitter or other social media platforms. Search engine links often lead to scams, sometimes even with the correct HTTP headers in search results. Therefore, always double-check the headers after accessing the site.
Be cautious of fake Twitter accounts promising token giveaways. To help identify spam in your news feed, you can use the browser extension from DefiLama. It will automatically highlight scam messages in red.
Use reputable cryptocurrency exchanges and platforms that thoroughly vet listed tokens to minimize the risk of encountering fraudulent projects. If you are unsure about a project's authenticity, you can find the original or desired token on websites like CoinGecko and DefiLama. These sites provide detailed information about projects, including TVL, token price, audit status, and links to social media, among other things.
React if this post was useful
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Meet the Minto team at one of the biggest crypto events of the year - Bitcoin 2024! We will unveil a major project update and share all the details for the first time right there.
Make sure to find us if you plan to attend. We'll tell you how to do it a bit later.
By the way, rumors are circulating that the 45th President of the United States, Donald Trump, will be one of the speakers. Are we expecting a market pump live on air?
❤️ - Yes
🔥 - Absolutely
Make sure to find us if you plan to attend. We'll tell you how to do it a bit later.
By the way, rumors are circulating that the 45th President of the United States, Donald Trump, will be one of the speakers. Are we expecting a market pump live on air?
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Here are a couple of great movies for your weekend. To keep the energy exchange fair, please recommend something for our corporate event. We'll send a bit of $BTCMT to the person whose movie we choose with the team!
Have a great weekend!❤️
Have a great weekend!
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☀️ or 🌚? Choose according to your mood. Switch the theme in the dashboard with one button whenever you want.
❤️ = thanks to the developers!
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See you soon!
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We're sharing it with you
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