What are the Signs of a Fake Crypto Platform to Watch Out For?

[Suba]

Crypto is very easy to adopt by various groups of people, but unfortunately they have very little understanding of the world of crypto which is full of tricks, many novice new investors are often targeted by fraudsters with various modes such as fake investment platforms, fake cloud mining, fake airdrops etc. To educate more we need to provide enlightenment about fake platforms such as:
Promising high profits.
Team identity is not transparent.
Fake endorsements by taking large crypto platforms, such as Binance, Bloomberg, Forbes etc.
Overly perfect reviews.
If you have other opinions, don't hesitate to comment, so that it will complete this thread.

 

[riberet19]

For me, the fact that it's very new doesn't inspire confidence. That's not definitive because every exchange started from scratch at some point, but it would be a point to keep in mind as well.

 

[Min George]

Fake airdrops always have a very high profit potential that they always promise the users. And they would tell them to pay to withdraw what they mined for months.