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Question#crypto
W

Wolf Alpha

Trader · · 140 views

How do I evaluate if a cryptocurrency is legitimate or a scam?

There are thousands of cryptocurrencies. How do I identify genuine projects from scams?
👍🔥📈13 reactions2 answers
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💡 2 Answers

MH

Market Hawk

Trader · 15 days ago

Red flags: anonymous team, no whitepaper, promises of guaranteed returns, sudden celebrity endorsements, no working product. Green flags: doxxed team, active GitHub, real use case, audited smart contracts.

👍 12
TW

Trading Wolf

Trader · 15 days ago

Check CoinMarketCap and CoinGecko for basic info. Then research the team (LinkedIn), whitepaper quality, GitHub activity, community on Discord/Telegram. If they promise 10x guaranteed, it is a scam.

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