How to Distinguish Legitimate and Illegitimate Crypto Projects?

[Suba]

Many people are trapped in fake projects, both beginners and those who are considered experts, especially those who are less careful and easily influenced by fomo, the ease of someone creating a new crypto token, the more crypto will be in circulation, especially if the developer succeeds in listing famous sites such as Coinmarketcap, Forbes, and famous crypto exchanges. then many investors will rush to buy crypto without evaluating and analyzing it first. To avoid fraud on fake crypto, of course we have to learn how to distinguish fake and legal crypto, but how do you do it?

 

[Stardom22]

For me l can easily distinguish legitimate crypto currency projects from the illegitimate ones because of the fact that most fake projects promise too good to be true rewards for that matter.

 

[Nomad]

One of the easiest ways to find legitimate crypto is by checking them if they are listed in major exchanges like Binance, Coinbase, etc,