10 Signs to Tell a Good Crypto Project from a Bad One
NOWPayments is here to help you tell a good project from not so good. We know good projects, and we would like to share some important information on how to stay vigilant and avoid fraud in this mad but exciting world that is full of opportunities.
One of the greatest opportunities out there is the fact that you can accept crypto as payment, right?
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Thanks to its blend of technological mystery mixed with the greed of those attracted, the cryptocurrency industry provides ample opportunities for scammers. From trading scheme scams to fake cryptocurrencies, and ICO operators absconding with great fortunes, just about every ruse has been tried.
There are ways to spot a bitcoin scam though. To experienced users, they might seem obvious. Yet, naive newcomers, attracted by rapid gains, should consider these dangerous signs and not let greed distract them from reality.
10 Signs to Look Out For in a Crypto Project
Dubious demands
A popular tactic of scammers committing crypto fraud is to create an air of authority and exploit victims out of money. It’s nothing new but, relatively speaking, payment via cryptocurrency is.
Wanna know other signs?
Continue reading in the NOWPayments blog!
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Why use NOWPayments.io?
NOWPayments is the easiest way to accept online payments in a wide variety of cryptocurrencies. This service is custody-free, has competitive fees and is available worldwide.
- Over 50 cryptocurrencies are accepted on the platform with an in-built exchange feature;
- API, widgets, plugins and a donation button are all easy to integrate;
- It is a non-custodial service ensuring the security of your funds;
- A very simple setup
