Introduction:
Crypto scams are everywhere, especially targeting new investors. Here’s how to buy crypto the smart and scam-free way.
🔍 Watch Out for These Red Flags:
- “Guaranteed returns” websites
- Telegram or WhatsApp strangers offering investment deals
- Fake wallet apps in app stores
- Influencers pushing unknown coins without transparency
✅ Use Verified Apps and Websites:
- Download apps from official sources only
- Double-check exchange domains (e.g.,
www.binance.com
) - Use CoinMarketCap or CoinGecko to find real contract addresses
💡 Recommended Buying Methods:
- Centralized Exchanges (CEX): Most beginner-friendly (e.g., Binance, Kraken)
- Peer-to-Peer (P2P): More advanced, but allows local payment methods
- Crypto ATMs: Limited and high-fee, but an option in some cities
📦 What You’ll Need:
- A verified ID (for most platforms)
- A payment method (bank card, SEPA, iDEAL, etc.)
- A crypto wallet (optional, but safer than leaving coins on exchanges)
✅ The golden rule: If it sounds too good to be true, it probably is.