The below tips will help you identify the signs which can indicate that a website could be a scam. The ability to spot online scams is an important skill to have as the virtual world is increasingly becoming a part of every facet of our lives. There are fraudsters making all kinds of claims to trap victims online - from fake investment opportunities to online stores - and the internet allows them to operate from any part of the world with anonymity. Please check out our article " How to recognize a scam".Īs the influence of the internet rises, so does the prevalence of online scams. It is therefore best to check this website thoroughly to make sure the website was not set-up by a scammer. This means that the website is actually quite young and few if any consumers have had time to leave reviews or social media comments. This domain name has only been registered recently.
Check How to check if a cryptocurrency site is legit or a scam. We recommend you to be very diligent in checking website offering crypto-related services before you invest or use their services. Even experts in cryptocurrencies have trouble distinguishing legit digital currency services from frauds and scams. We consider these kinds of services to be high-risk for consumers. We have detected that the website may offer cryptocurrency-related information, products and/or services. However if the website claims to be a large corporate or popular site, than warning flags should be raised. The same is true for a highly specialized website. A low Tranco ranking means that the website has relatively few visitors. In our Analysis we always check the Tranco ranking.
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