Cryptocurrency and it fraudulent act to experience

3 comments-0 reblogs
avatar of @micheal87
2 months ago - 1 minutes read

Cryptocurrency despite it positive trend to change lives and situations for good it still poseses it negative part where fraudulent people are taking advantage of getting access to people funds and asset to steal.


The fraudulent act in Crypto is something that has been around for a while now which majority of us are aware of the negatives scenes but only just have to be careful in other not to fall on wrong hands. The transaction performed in Crypto can be easy and fast but needs to be checked properly before sending.

I believe there are times that when we transact to the wrong address there is always a low tendency of getting your funds back especially when you don't really know the receiver, which is one of the biggest caution to take notice of.

Cryptocurrency despite it being a fast growing blockchain in the global world, it is said to be largely unregulated where scammers can come in easily to operate. Though, it is not surprising to witness such act but what is said to do or avoid is to be careful with your informations online especially when it involves transacting.

Your personal information needs to be secured and your keys to your wallet needs to be kept properly to avoid Intruders because this people can do anything to have access to your financial life.

However, that still doesn't stop people from accepting cryptocurrency because it is still making progress and giving people hope on making financial means without much stress but requires patience.