(Covid-19) Every Cryptocurrency Trader's and User's Should Read This

Do you know from January to this month  of year 2020, $1.36 billion dollars Which if converted into naira #523,314,400,000.00 billion have been stolen from crypto trader's and user's by crypto thefts and hacker's ,which makes the year the second most recorded Crypto Crime which may become the highest when the year runs out. 

The criminals are taking advantage of the outbreak of Corona virus (Covid-19) by misleading the trader's, with different Crypto Ponzi scheme. We all know the the effect of virus has made people jobless, broke and hungry which trigger them to join any Ponzi scheme  promising and enticing returns to lure them into participating and inviting there Friends and families.

Covid-19 related site's were found to be most popular related product's sold on the dark web and web personal protective equipment sales have been unsuccessful. 

How To Detect A Crypto Ponzi scheme:

1. Very Frequent Returns on  Investment.

2. Promises that are too good to be true.

3. Undisclosed License.

Precautions To Take :

If you haven’t already, you should consider implementing security measures. They can help to ensure that your cryptocurrency transactions are safe, private, and protected. Here’s what you can do:

*Install a VPN on your device 

*Physical security key,when you want to access your crypto currency.

Note: 

Always be alert, diligent, and careful with your investments and security. It is crucial for anyone who deals with cryptocurrencies. 

You can also follow my Whatapp TV @ StephenAdeTV. For more security Updates.