Many individuals have recently invested in crypto-assets, which are risky and potentially profitable. Discover in this article our focus on three actions to take before investing and the blacklist of websites offering investments in crypto-assets.
What is a crypto scam?
The term scam comes from English and can be translated into French as scam or scam. As the cryptocurrency industry is still largely unregulated, many scammers have already been around and are still trying to scam gullible crypto investors.
Scam Alert
This article will tell you how the most common crypto scams work. With our advice, you should be able to avoid falling into most of these traps.
Are there a lot of cryptocurrency scams?
If things have improved a lot since the appearance of the first cryptocurrencies, there are still many scammers who plague this industry. Therefore, it is essential to be careful before investing in a project or entrusting your money to a stranger.
It is nevertheless necessary to distinguish between scams, exchange hacks, or errors on your part. In the latter cases, you will also lose your money, but it will not be because of a scammer.
To avoid losing your money following the hacking of an exchange site, the rule of caution is never to leave your digital assets on a trading platform. Although some exchanges like Binance are now very secure and have a special fund to reimburse losses incurred after a hack, this is far from the case for all platforms.
Finally, you also have to be careful when you want to transfer your digital assets. Indeed, if you insert a wrong wallet address, the funds you have sent will no longer be accessible, and it will be impossible to recover them.
How to spot scams?
There are many different scams, and it is impossible to explain them all. However, it is almost always a scam when the promises of returns are too high or you are told that you don't need to make the slightest effort to earn money.
Perhaps the most common scam is the one that asks you to send a certain number of BTC or ETH to a given address and then receive double or triple it a few minutes later. Of course, once you've sent your money, you won't accept anything.
Another very common scam is getting contacted on Telegram. Generally, an individual will impersonate an admin of one of the crypto channels you follow. He will try to impersonate him and try to get digital assets from you. Sometimes the scammers are well versed and know the project, giving us confidence. However, admins will never contact you privately on Telegram, and any attempt to do so may be considered a scam.
Scammers are usually easy to spot. To avoid most scams, it is, therefore, necessary to show the presence of the mind. If you have the slightest doubt, do not hesitate to call on friends who know about cryptos or post on specialized forums to find out what it really is.
Virtual currency: 3 actions to have before investing
Find out about the online broker.
First, check that the financial intermediary with which you wish to operate is not on the AMF blacklist below and that it is well referenced, authorized, and therefore registered. Be careful; it is not because the broker is not on this list that it is reliable. It will also be necessary to obtain as much information about this company (legal status, registered office, financial solidity, etc.). Finally, even if the site does not appear on the blacklist of unauthorized crypto-asset websites. If this is not the case, avoid dealing with this provider.
Attention, we alert our readers to the fact that some brokers claim not to be on the blacklist published on our site (below) to convince you to open an account with them. Remember that this list is not exhaustive and changes over time. Beware of brokers who use it as an argument and refer to the broker's registration in the register of financial agents and the registration number.
Understand the technology beyond cryptocurrency
Secondly, before investing in Bitcoin, Ether, or Ripple, it is advisable to fully understand the technology behind these virtual currencies. Not only should blockchain technology no longer hold any secrets for you, but you should also know what are the characteristics of the crypto assets you wish to buy and understand their strengths and limitations.
Finally, always keep in mind that the authorization to practice by the AMF does not mean that the products offered by the intermediary are without risk. Keep in mind that the risk is very present in virtual currencies. In the case of cryptocurrencies, the risk is real and significant. These are indeed highly volatile assets. So invest money that you are willing to lose! Or at least that you don't need. This will undoubtedly be more profitable and interesting than buying lottery tickets, but never invest in such financial products the money you need to repay a mortgage or finance your children's studies.
Cryptocurrency: the blacklist
Here are the unauthorized crypto-asset sites as of March 30, 2022
www.01crypto.com
www.365crypto.com
www.365globalmarket.com
www.acheter-des-bitcoins.com
www.admiral-markets.com
www.agencecentraledescryptomonnaies.com
agkapital.com
www.algo-crypto.com
www.aroxcapital.com
www.aurusinvest.com
www.avenir-crypto.com
www.bank-of-crypto.com
www.beta-venture.com
www.bforfinance.com
bforinvest.com
www.bit24coin.com
www.bitcoin-champion.com
bitcoincode.store/click/geo_bitcoin_code_roi
www.bitcoinera.app
www.bitcoin-formation.club
www.bitcoin-hausse.com
bitcoinlifestyle.io
www.bitcoinoie.com
www.bitcoin-pas-chere.com
www.bitcoin-patrimoine.com
www.bitcoinrevolution.org
bitcoin-storm.com
www.bitconeo.com
www.bitcointrader.site
www.btcbrokerz.com
www.btc-cap.net
www.btcoinpro.com
www.btcswing.com
www.c4iex.com
www.capital-coins.com
www.capital-coventry.com
www.centogx.com
www.cmccapital.net
www.coin-financial.com
coinrevelation.com/
www.conseilcrypto.com
www.cryptobourse.net
www.cryptocash24.com
www.crypto-eco.com
www.cryptoeraonline.com
www.cryptofast.net
www.cryptofrancecapital.com
www.cryptofundfx.com
www.crypto-institute.com
cryptolegacypro.com
www.cryptomonaies.com
www.cryptomoney888.com
www.crypto-next.com
www.cryptoning.com
www.cryptoprofx.com
www.cryptoquicker.com
www.cryptorama-bank.com
www.cryptos.solutions
www.cryptos-advisor.com
www.cryptos-house.com
www.cryptos-investing.com
www.cryptosone.com
www.cryptosuissecapital.com
cryptovip-club.com
www.ctxholdings.com
www.currenxro.com
daily-investment-deals-now.com/bitcoin-trader
www.directco-invest.com
www.direct-ep.com
www.eco-crypto.com
www.ecoin-stock.com
www.epargnebitcoin.com
www.euro-crypto.com
www.euro-cryptos.com
extra-gains.com/bitcoincode
www.fair-oakscrypto.com
www.falcon-wl.com
fc.bitcoinfrance-appl.com
www.finances-markets.com
www.finetero.com
fr.bitcoin-now.tiptopko48.com
https://fr.circuit-btc.com
kiplar.com
www.fundcryptosecure.com
www.futur-solution.com
www.globalco-crypto.com
www.gmt-crypto.com
www.good-crypto.com
www.gwt-capital.com
www.idigitale-finance.com
www.interactifonline.com
www.interactivecoins.com
intertradesfx.com
www.ism-capital.com
www.jbcapitals.com
kracoin.fr
www.kryptofx.com
www.kryptoneo.com
www.kryptowize.com
www.lacentraledescryptomonnaies.com
landing.marketstm.com
www.lh-crypto.com
www.lhk-group.com
www.libra-maximizer.com
www.mabanquecrypto.com
man-investments.com
www.mcminage.com
www.moneo-invest.com
www.moneyo.io
www.monnaiestech.com
www.mycrypto24.com
www.mycrypto-invest.com
www.newcfds.com
www.originalcrypto.com
www.origincrypto.com
www.origine-bitcoin.com
www.paiement-bitcoin.com
paradisecrypto.net/
www.phoenix-gm.com
www.positiva-ad.com
www.prix-bitcoin.com
www.rmcas-ltd.com
www.save-coins.com
securebitgains.com/bitcoinera
securedailywealth.com/bitcoinpro/
securedailywealth.com/the-bitcoin-era/
securelyriches.com/bitcoinevolution
securelyriches.com/bitcoin-revolution
secureriches.com/bitcointraderc
www.solidinvest.co
www.solution-invest.com
www.stock-crypto.com
www.stscrypto.com
www.stsroyal.com
www.thecryptolimited.com
www.tradabank.com
www.tradezlescrypto.com
www.undercryptos.com
www.union-crypto.com
www.vendre-achat-bitcoin.com
www.versatiscoin.com
www.wallet-coins.com
www.wallet-france.com
www.wallet-secur.com
www.xcoinbroker.com
www.xemanage.com/bitcoinstorm
www.ydconsultant.com