7 Bitcoin Scams to Watch Out For: Examples and How to Avoid
Bitcoin is famous for its ups and downs. In 2021, it surged to a record-breaking price of nearly $67 thousand, followed by a dramatic drop to less than $30 thousand in 2022. However, despite this yo-yo effect, BTC remains the most stable and popular digital token in the crypto world. And unfortunately, traders and investors are not the only ones keeping a close eye on the BTC price. Scammers, hackers, and other malicious actors come up with all new ways of compromising users' security and gaining access to their crypto wallets. Want to keep your funds safe and protect yourself from fraud? Keep reading this article to learn the most common Bitcoin scams and what you can do to avoid them.