How to Avoid Getting Scammed in Crypto
Description
One of the reasons people are hesitant to jump into the crypto space is the possibility of scams. And that is what this podcast episode is all about.
Here, Nils and Justin help you avoid getting yourself into being scammed by sharing a few of their firsthand experiences and, ultimately, what they have learned from them. This conversation is going to be very insightful, especially with the recent Bored Ape Yacht Club phishing scam on Instagram!
Join in the conversation here in the Ball and Blockchain podcast!
Show Notes:
Bored Ape Yacht Club: HACKED
Watch Out For These 4 Bitcoin Scams
https://www.forbes.com/advisor/investing/cryptocurrency/bitcoin-scams-fraud/
Common Cryptocurrency Scams and How to Avoid Them
https://www.kaspersky.com/resource-center/definitions/cryptocurrency-scams
Definition of Terms
2FA
https://authy.com/what-is-2fa/
APY
https://www.forbes.com/advisor/banking/what-is-apy/
Doxxing/Doxxed
https://www.kaspersky.com/resource-center/definitions/what-is-doxing
Hardware Wallets
https://medium.com/radartech/hardware-wallets-explained-da8bd93ce801
KYC
Metamask
Phishing Scam
https://consumer.ftc.gov/articles/how-recognize-and-avoid-phishing-scams
https://www.phishing.org/what-is-phishing
Rug Pull
https://academy.binance.com/en/glossary/rug-pull
VeeFriends
Whitelist
https://academy.binance.com/en/glossary/whitelist
Socials:
Nils Smith
Justin McKelvey