bitcoin: Prevent Bitcoin Fraud by Securing Your Identity
- 08/05/20 06:52 AM
Are you thinking about jumping onto the Bitcoin train? If so, you might be worried about security. The truth is, Bitcoin is definitely secure, but as with anything, there are bad guys out there who are ruining it for many. Bitcoin identity theft is when a criminal steals your identity and poses as you by phishing your passwords or hacking your computer. Here are some common cryptocurrency scams that can be prevented and some tips to protect yourself: Bitcoin Private Security Keys:What are they? A Bitcoin private key is a number only you should know, a secret number which allows bitcoins to be … (2 comments)
bitcoin: Bitcoin Scams Up the Ying Yang
- 10/02/18 07:28 AM
If you are thinking of jumping onto the Bitcoin bandwagon, or any type of cryptocurrency, you have to make sure that you are watching out for scams. There are a ton of them out there, including the following: Fake Bitcoin Exchanges You have to use a Bitcoin exchange if you want to buy or sell Bitcoins, but not all of them are legitimate. Instead, many of them are created for the sole purpose of taking people’s money. Only use well-known exchanges. Ponzi Schemes Bitcoins are not exempt from Ponzi schemes, and you have to look out for these. These are like pyramid schemes, and you … (3 comments)
Are you thinking about jumping onto the Bitcoin train? If so, you might be worried about security. The truth is, Bitcoin is definitely secure, but as with anything, there are bad guys out there who are ruining it for many. Bitcoin identity theft is when a criminal steals your identity and poses as you by phishing your passwords or hacking your computer. Here are some common cryptocurrency scams that can be prevented and some tips to protect yourself:
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