Cryptocurrency, such as bitcoin, has been called the future of money. But many people are still unsure as to how it works, or trepidatious about its security. After all, the Internet isn’t always the safest place. Unfortunately, as technology and money evolves, so too have hackers and criminals. Noah Coin made this infographic called “How to Spot Cryptocurrency Scams.” The colorful infographic explains how to spot a scam to avoid being taken advantage of. It begins by noting how much cryptocurrency is lost to scams. Then, it discusses the types of cryptocurrency scams. Finally, it shares seven red flags to look for that indicate a potential scam.
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