Want to Invest in Cryptocurrencies but Afraid of Getting Scammed?
Recently, the California Department of Financial Protection and Innovation has launched the "Crypto Scam Tracker" to help the public recognize and avoid cryptocurrency scams. This innovation brings good news for the cryptocurrency industry, so it can become safer and attract many new investors.
crypto scam tracker
Crypto Scam Tracker Becomes a Solution to Dismantle Stealth Projects
According to The Bit Times, California's financial regulator explained that the Crypto Scam Tracker can detail cryptocurrency scams identified through a review of complaints filed by the public. With this tracker, consumers and investors can conduct their own analysis to prevent possible harm to themselves and others.
Crypto Scam Tracker uses a searchable database based on company name, scam type, or keywords. This makes it a cool technology and makes it easier for users, right?
NFT technology is also often used as a solution to prevent fraud, one of which is diamond certification fraud. Mike Moldawsky, founder and creator of Diamond Dawn, said that diamond certification reports should be placed on public blockchain networks to ensure that documents cannot be manipulated.
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Crypto Scam Tracker presents a Glossary to Make it easier for consumers
Crypto Scam Tracker is equipped with a glossary that can help consumers better understand the various scams that are commonly found. In addition to the Crypto Scam Tracker launched by regulators from California, there are already several other well-known Crypto Scam Trackers that can help investors avoid cryptocurrency-related scams.
Do a good analysis and don't rush it, so you can protect yourself from the risk of investing in the wrong project. Don't forget that you can also make cryptocurrency investments easily through the Pintu application which only trades and sells legal cryptocurrency assets in accordance with the provisions of the Indonesian government.
Warning!
Keep in mind that this writing aims to educate readers. Always do your own research first and use the money you have budgeted before investing. All trading, trading, and investment activities of cryptocurrency assets are your own responsibility.
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Approximately 16 years in the world of forex trading since 2007 and is now a Sr. market research and Development, with a focus on research and analysis on issues of financial investment, economics, currency trading and public policy in particular.
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