Flitpay’s advanced security and solid foundations never allow ships to pass through at night. Filtpay is the most secure crypto exchange in India due to its impenetrable security for both new and old traders.
When people begin to ask,Guest Posting ‘where do I sign up,’ the dollar-sign eye begins to look for loopholes. The rise of Bitcoin in 2020 represents the modern world’s zeitgeist. That is the point at which it switches sides and signs. For many traders, the Bitcoin surge represented a new opportunity to enter the cryptocurrency market. However, the other side of the coin is to secure crypto exchange, as sticky fingers come out to profit without investing during such times. It is possible that it will happen on the platform where you are trading cryptocurrency, but what is surprisingly amazing is that you are safe on Flitpay.
Following the statement you just read, you appeared perplexed and confused. But, in the end, it is correct. There are ‘n’ loopholes (flaws) that must be addressed immediately. But the problem is that a few loopholes are uncertain, and the others that remain are ignored. This is not the case with Flitpay. A cryptocurrency exchange in India is not risk-free due to unresolved regulations regarding digital currencies.
So, you’ve probably heard the phrase “prevention is better than cure,” and guess what? It’s true. As of now, some of you are curious about what kind of transaction protocols or security Flitpay provides, but we are not disclosing the foundation of our platform. But, yes, we can put you in our shoes to learn how to protect yourself from cryptocurrency scams.
How to Protect Your Cryptocurrency Exchange from Dollar-sign Eye People
Cryptocurrency is a new currency with obvious advantages. From peer-to-peer transactions to crypto-to-crypto market trades, there are numerous opportunities for everyone in the modern era. Because trader interest is at an all-time high due to increased awareness, nefarious activities have also reached an all-time high. However, it is nearly impossible to be overly cautious about a situation that could result in financial losses. As a result, it is critical to be aware of malpractices and use the proper methodologies to protect against them.
Now it’s time to look at the points to protect crypto exchanges from dollar-sign eyeballs.
Conduct research
It is necessary to obtain the details behind any cryptocurrency project while conducting research. Do not invest your money unless you have all of the necessary information about the project; otherwise, you can kiss your money goodbye. When someone approaches you about Initial Coin Offerings (ICOs), be extra cautious and sneak a peek into the scheme to see if real people are backing it with good intentions.
Such incidents have occurred in the past. For example, the United States Securities and Exchange Commission (SEC) shut down the PlexCoin in 2017 after it raised $15 million in fraudulent claims. As a result, extra caution is required, and Flitpay recommends thoroughly analyzing the whitepapers. In the meantime, if the party is concealing potential information from the investors, they may be caught red-handed.
Keep an eye out for imposters.
The method we’re discussing now is the most popular among those with dollar signs in their eyes. They usually create and upload apps to the App Store or PlayStore, then promote them as if they were genuine. The most fascinating fact is that ‘there is no fool like an old fool,’ which means that age does not bring wisdom, and they take advantage of this. The sooner they achieve a large number of downloads, the sooner they vanish.
Have a Bird’s-Eye View of Their Appealing Scams
Spam is a favorite tool of scammers, so be extra cautious when dealing with such bogus emails. If you paid attention to the heading of this point, you’ll notice that we used the word eye-pleasing, which means “don’t get attracted to enticing offers that these emails bring for you.” As a result, do not click the link to reveal the offers.
Never Engage in Communication That Discusses Your Cryptocurrency Assets.
You should never put your foot in your mouth. Scammers eagerly anticipate such individuals. When scammers find someone who is over-smart with their cryptocurrency assets, they try to lure them in with enticing offers, and eventually, over-smartness causes you to lose everything you have.
After reading the preceding points, you can quickly assess how attentive these dollar-sign eye people are. They will go to any length to complete their mission of looting you. As a result, Flitpay advises you to keep these points in mind even if you purchase Bitcoin or Tether.
What Makes Flitpay India’s Safest Cryptocurrency Exchange?
You lose the game if you lose the king. Similarly, once you lose the cryptocurrency, it will be nearly impossible to recover it. To protect you from such incidents, Flitpay’s advanced security and solid foundations never allow ships to pass in the night. Filtpay is the most secure crypto exchange in India due to its impenetrable security for both new and old traders. Cold storage, which has the potential to prevent online hacks through 2-factor authentication and withdrawal confirmation, makes it a trustworthy platform for cryptocurrency trading in India.
If you are new, don’t wait any longer to sign up and start making money right away.