If you think that everyone is getting rich purchasing cryptocurrencies, you would not be alone. Unfortunately, fraudsters have identified the cryptocurrency market as an opportunity to take advantage of greedy traders by offering fake ICOs, fraudulent coin exchanges and offers that seem too good to be true. In fact, there are hundreds of unregulated cryptocurrency exchanges that have scammed users out of billions of dollars.
Consider the Bitcoin exchange in South Korea, BitKRX, that was supposedly the largest exchange in the country. To many traders’ dismay, this exchange had actually scammed them out of their life savings. …
With many people making large profits on the crypto market, you might be enticed to dip your toes in the cryptocurrency pool full-time or on a side hustle basis. Unfortunately, the crypto market can be a scary place to start investing if you don’t understand what you are doing. Fortunately, there are many opportunities to succeed in this industry if you are equipped with the right skills. Before trading, it is recommended that proper research is done on the market, including some basic terminology that is common in the industry.