What are crypto scams?

The Zen Crypto Show - Learn Bitcoin, Ethereum, NFTs, web 3 and how to invest in crypto

Crypto is exciting but also has many traps and scams that newcomers as advanced users can fall into. In this episode, we’ll talk about some of the most common and easy-to-fall-for scams. We want to help you become aware of the risk and what you can do to mitigate those risks as much as possible.

Lots of the scams we’ll talk about today have existed since before crypto, but there’s a significant difference: there’s no undo button or customer service to call in crypto. And since crypto is global and anonymous, it’s easier for scammers to get away after they’ve stolen a victim’s money. When it comes to avoiding crypto scams, knowledge is your best defence.

The Zen Crypto Show is produced by ZenGo, where you can buy, sell, trade, and earn cryptocurrencies with mind-bending simplicity and safety and is hosted by Sebastien Couture.

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