unsafe payment methods</a> such as cryptocurrency, as it is extremely unsafe.<br /><br /></li>\r\n<li>If there are any photos/images, you can perform a Google search of the image to see if it was taken from or used somewhere else. Check images of team members and testimonials to know if they are photos of real people or random images taken from the internet.<br /><br /></li>\r\n<li>If the website promises unrealistic return rates (more than a few per cent per year) then you should really beware. 1% to 15% per year is considered a realistic rate of interest and high returns come with high risk. Anyone offering guaranteed high returns is likely to be a scammer.</li>\r\n</ol>\r\n<p>If the website fails one or many of these checks, then it means that the website offers cryptocurrency services which may be high risk. In that case, we suggest you protect yourself and your money and should be very careful regarding this website.</p>\r\n<p>Finally, we recommend you refer to the <a href=https://www.scamadviser.com/"https://www.loc.gov/law/help/cryptocurrency/world-survey.php/">Library of Congress (LOC) website</a> where the relevant regulatory bodies are mentioned for each country. Please note that depending on your country, cryptocurrency investment might be at your own risk.</p>\r\n<p>We hope you find this tutorial useful. If you have any questions, let us know!</p>"}}],"sidebarBlocks":[{"_template":"Small\\Content\\Cta","_identifier":"block-157084","data":{"title":"Report a Scam!","consumer":null,"description":"Have you fallen for a hoax, bought a fake product? Report the site and warn others!","image":"https://files.scamadviser.com/thumbs/tell-your-story-8910e.png_200x200.png","button":"Report a Scam!","link":"https://www.scamadviser.com/leave-review"}},{"_template":"Small\\Content\\Taxonomy","_identifier":"block-157123","data":{"title":"Scam Categories","taxonomies":[{"id":7,"name":"Scam Alerts (779)","url":"https://www.scamadviser.com/articles/scam-alerts"},{"id":6,"name":"Scam Trends (240)","url":"https://www.scamadviser.com/articles/scam-trends"},{"id":8,"name":"Global Scam Country Guide (44)","url":"https://www.scamadviser.com/articles/global-scam-country-guide"},{"id":3,"name":"News about Scamadviser (39)","url":"https://www.scamadviser.com/articles/news-about-scamadviser"},{"id":5,"name":"Reliable Sites (27)","url":"https://www.scamadviser.com/articles/reliable-sites"},{"id":2,"name":"Research & Reports (26)","url":"https://www.scamadviser.com/articles/research-reports"},{"id":1,"name":"Tips & Support (24)","url":"https://www.scamadviser.com/articles/tips-support"},{"id":4,"name":"Advice for Companies (2)","url":"https://www.scamadviser.com/articles/advice-for-companies"}]}},{"_template":"Default\\Content\\Heading","_identifier":"block-59407","data":{"text":"Help & Info","size":"large"}},{"_template":"Default\\Content\\Articles","_identifier":"block-157795","data":{"articles":[{"_template":"Home\\Articles","_identifier":"block-157796","data":{"title":"Tips & Support","link":"","icon":"fa-lightbulb-o","renderAsInertiaLink":false}},{"_template":"Home\\Articles","_identifier":"block-157824","data":{"title":"Scam Alerts","link":"https://www.scamadviser.com/articles/scam-alerts","icon":"fa-exclamation-triangle","renderAsInertiaLink":true}},{"_template":"Home\\Articles","_identifier":"block-157839","data":{"title":"Learn about Scams","link":"https://www.scamadviser.com/articles/scam-trends","icon":"fa-tags","renderAsInertiaLink":true}},{"_template":"Home\\Articles","_identifier":"block-157854","data":{"title":"Reliable Sites","link":"https://www.scamadviser.com/articles/reliable-sites","icon":"fa-check-circle","renderAsInertiaLink":true}},{"_template":"Home\\Articles","_identifier":"block-157869","data":{"title":"Advice for Companies","link":"https://www.scamadviser.com/articles/advice-for-companies","icon":"fa-comment","renderAsInertiaLink":true}},{"_template":"Home\\Articles","_identifier":"block-157884","data":{"title":"Research & Reports","link":"https://www.scamadviser.com/articles/research-reports","icon":"fa-search","renderAsInertiaLink":true}},{"_template":"Home\\Articles","_identifier":"block-161131","data":{"title":"Global Scam Country Guide","link":"https://www.scamadviser.com/global-scam-country-guide","icon":"fa-globe","renderAsInertiaLink":false}}],"buttonText":"See all","buttonLink":"https://www.scamadviser.com/help-info"}},{"_template":"Default\\Content\\Heading","_identifier":"block-59517","data":{"text":"Popular Stories","size":"large"}},{"_template":"Default\\Content\\Blogs","_identifier":"block-59530","data":{"items":[{"id":13,"title":"How to Recognize a Scam Website","url":"https://www.scamadviser.com/articles/how-to-recognize-a-scam-website","excerpt":"As the influence of the internet rises, so does the prevalence of online scams. There are fraudsters making all kinds of claims to trap victims online - from fake investment opportunities to online stores - and the internet allows them to operate from any part of the world with anonymity. The ability to spot online scams is an important skill to have as the virtual world is increasingly becoming a part of every facet of our lives. The below tips will help you identify the signs which can indicate that a website could be a scam.\r\nCommon Sense: Too Good To Be True\r\nWhen looking for goods online, a great deal can be very enticing. A Gucci bag or a new iPhone for half the price? Who wouldn’t want to grab such a deal? Scammers know this too and try to take advantage of the fact.\r\nIf an online deal looks too good to be true, think twice and double-check things. The easiest way to do this is to simply check out the same product at competing websites (that you trust). If the difference in prices is huge, it might be better to double-check the rest of the website.\r\nCheck Out the Social Media Links\r\nSocial media is a core part of ecommerce businesses these days and consumers often expect online shops to have a social media presence. Scammers know this and often insert logos of social media sites on their websites. Scratching beneath the surface often reveals this fu","buttonText":"Read more","renderAsInertiaLink":true},{"id":4,"title":"How Do I Get Money Back From a Scammer?","url":"https://www.scamadviser.com/articles/how-do-i-get-money-back-from-a-scammer","excerpt":"So the worst has come to pass - you realise you parted with your money too fast, and the site you used was a scam - what now? Well first of all, don’t despair!!\r\nIf you think you have been scammed, the first port of call when having an issue is to simply ask for a refund. This is the first and easiest step to determine whether you are dealing with a genuine company or scammers. Sadly, getting your money back from a scammer is not as simple as just asking. \r\nIf you are indeed dealing with scammers, the procedure (and chance) of getting your money back varies depending on the payment method you used.\r\n\r\nPayPal\r\nDebit card/Credit card\r\nBank transfer\r\nWire transfer\r\nGoogle Pay\r\nBitcoin\r\n\r\nPayPal\r\nIf you used PayPal, you have a strong chance of getting your money back if you were scammed. On their website, you can file a dispute within 180 calendar days of your purchase.\r\nConditions to file a dispute:\r\n\r\nThe simplest situation is that you ordered from an online store and it has not arrived. In this case this is what PayPal states: \"If your order never shows up and the seller can't provide proof of shipment or delivery, you'll get a full refund. It's that simple.\"\r\nThe scammer has sent you a completely different item. For example, you ordered a PlayStation 4, but instead received only a Playstation controller. \r\nThe condition of the item was misrepresented on the product page. This could be the ","buttonText":"Read more","renderAsInertiaLink":true}]}}],"meta":{"title":"How to Recognize Cryptocurrency Investment Scams | ScamAdviser","description":"Many people want to invest in cryptocurrency without having any knowledge about the subject. If you are not careful, it is easy to fall for a crypto scam.","canonical":"https://www.scamadviser.com/articles/how-to-recognize-cryptocurrency-investment-scams","alternates":[{"language":"x-default","url":"https://www.scamadviser.com/articles/how-to-recognize-cryptocurrency-investment-scams"},{"language":"nl","url":"https://www.scamadviser.com/nl/articles/hoe-cryptocurrency-beleggingszwendel-herkennen"},{"language":"pt","url":"https://www.scamadviser.com/pt/articles/como-reconhecer-fraudes-de-investimento-em-criptomoeda"},{"language":"es","url":"https://www.scamadviser.com/es/articles/como-reconocer-las-estafas-de-inversion-en-criptodivisas"},{"language":"de","url":"https://www.scamadviser.com/de/articles/wie-man-investitionsbetrug-mit-kryptowaehrungen-erkennt"},{"language":"fr","url":"https://www.scamadviser.com/fr/articles/comment-reconnaitre-les-escroqueries-a-linvestissement-dans-les-crypto-monnaies"},{"language":"it","url":"https://www.scamadviser.com/it/articles/come-riconoscere-le-truffe-sugli-investimenti-in-criptovaluta"},{"language":"uk","url":"https://www.scamadviser.com/uk/articles/iak-rozpiznaty-shakhraystvo-z-kryptovaliutnymy-investytsiiamy"},{"language":"ro","url":"https://www.scamadviser.com/ro/articles/cum-sa-recunosti-escrocheriile-de-investitii-in-criptomonede"},{"language":"ru","url":"https://www.scamadviser.com/ru/articles/kak-raspoznat-moshennichestvo-v-sfere-kriptovalyutnyh-investitsiy"},{"language":"zh","url":"https://www.scamadviser.com/zh/articles/ru-he-shi-bie-jia-mi-huo-bi-tou-zi-pian-ju"},{"language":"tc","url":"https://www.scamadviser.com/tc/articles"},{"language":"ja","url":"https://www.scamadviser.com/jp/articles/an-hao-tong-huo-tou-zi-zha-qi-nojian-fen-kefang"}]},"language":"en","pendingCookieConsent":false,"navigation":{"items":{"data":[{"id":1082,"name":"Report a Scam","url":"https://www.scamadviser.com/report-a-scam"},{"id":1028,"name":"Help & Info","url":"https://www.scamadviser.com/help-info"},{"id":1080,"name":"API & Data Feed","url":"https://www.scamadviser.com/scamadviserapi"}]},"languages":{"current":"en","available":[{"label":"Deutsch","code":"de","url":"https://www.scamadviser.com/de/articles/wie-man-investitionsbetrug-mit-kryptowaehrungen-erkennt"},{"label":"English","code":"en","url":"https://www.scamadviser.com/articles/how-to-recognize-cryptocurrency-investment-scams"},{"label":"Español","code":"es","url":"https://www.scamadviser.com/es/articles/como-reconocer-las-estafas-de-inversion-en-criptodivisas"},{"label":"Français","code":"fr","url":"https://www.scamadviser.com/fr/articles/comment-reconnaitre-les-escroqueries-a-linvestissement-dans-les-crypto-monnaies"},{"label":"Italiano","code":"it","url":"https://www.scamadviser.com/it/articles/come-riconoscere-le-truffe-sugli-investimenti-in-criptovaluta"},{"label":"日本","code":"jp","url":"https://www.scamadviser.com/jp/articles/an-hao-tong-huo-tou-zi-zha-qi-nojian-fen-kefang"},{"label":"Nederlands","code":"nl","url":"https://www.scamadviser.com/nl/articles/hoe-cryptocurrency-beleggingszwendel-herkennen"},{"label":"Português","code":"pt","url":"https://www.scamadviser.com/pt/articles/como-reconhecer-fraudes-de-investimento-em-criptomoeda"},{"label":"Romanian","code":"ro","url":"https://www.scamadviser.com/ro/articles/cum-sa-recunosti-escrocheriile-de-investitii-in-criptomonede"},{"label":"Russian","code":"ru","url":"https://www.scamadviser.com/ru/articles/kak-raspoznat-moshennichestvo-v-sfere-kriptovalyutnyh-investitsiy"},{"label":"繁体中文","code":"tc","url":"https://www.scamadviser.com/tc/articles"},{"label":"Ukrainian","code":"uk","url":"https://www.scamadviser.com/uk/articles/iak-rozpiznaty-shakhraystvo-z-kryptovaliutnymy-investytsiiamy"},{"label":"简体中文","code":"zh","url":"https://www.scamadviser.com/zh/articles/ru-he-shi-bie-jia-mi-huo-bi-tou-zi-pian-ju"}]},"search":{"placeholder":"Search a website...","url":"https://www.scamadviser.com/check-website"}},"footer":{"consumerSection":{"title":"For Consumers","items":{"data":[{"id":37,"name":"Report a Scam","url":"https://www.scamadviser.com/leave-review"},{"id":1048,"name":"How to get your money back","url":"https://www.scamadviser.com/how-to-get-your-money-back-from-a-scam"},{"id":1078,"name":"ScamAdviser App & Browser Extension","url":"https://www.scamadviser.com/download-browser-extension-app"},{"id":1058,"name":"How to Recognize a Scam Website","url":"https://www.scamadviser.com/how-to-recognize-a-scam-website"},{"id":1072,"name":"Check a site for me","url":"https://www.scamadviser.com/check-a-site-for-me"}]}},"businessSection":{"title":"For Businesses","items":{"data":[{"id":1017,"name":"Claim your Website","url":"https://www.scamadviser.com/claim-your-site"},{"id":1085,"name":"API & Data Feed","url":"https://www.scamadviser.com/scamadviser-api"},{"id":1025,"name":"Install Our Logo","url":"https://www.scamadviser.com/install-our-logo"},{"id":1015,"name":"Become our Partner","url":"https://www.scamadviser.com/become-a-partner"},{"id":1023,"name":"Advertise on ScamAdviser","url":"https://www.scamadviser.com/advertise-on-scamadviser"}]}},"aboutUsSection":{"title":"About Scamadviser","items":{"data":[{"id":20,"name":"About Us","url":"https://www.scamadviser.com/about-scamadviser"},{"id":14,"name":"FAQ","url":"https://www.scamadviser.com/faq"},{"id":1012,"name":"In the Press","url":"https://www.scamadviser.com/in-the-press"},{"id":13,"name":"Contact","url":"https://www.scamadviser.com/contact"}]}},"subFooter":{"items":{"data":[{"id":16,"name":"Privacy Policy","url":"https://www.scamadviser.com/privacy-policy"},{"id":17,"name":"Terms & Conditions","url":"https://www.scamadviser.com/terms-conditions"},{"id":1061,"name":"Imprint","url":"https://www.scamadviser.com/imprint"},{"id":28,"name":"Disclaimer","url":"https://www.scamadviser.com/disclaimer"},{"id":18,"name":"Content Guidelines","url":"https://www.scamadviser.com/review-guidelines"},{"id":1039,"name":"Notice and Take Down","url":"https://www.scamadviser.com/notice-and-take-down-procedure"},{"id":1040,"name":"Sitemap","url":"https://www.scamadviser.com/sitemap"},{"id":1016,"name":"Copyright","url":"https://www.scamadviser.com/copyright-notice"}]}},"initiativeText":"ScamAdviser is a member of"},"socials":[{"url":"https://www.facebook.com/sadviser/","icon":"facebook-square"},{"url":"https://www.youtube.com/channel/UCERAPMuOxhqOg6WqIDR1G2w","icon":"youtube"},{"url":"https://twitter.com/scamadviser","icon":"twitter-square"},{"url":"https://www.linkedin.com/company/scamadviser","icon":"linkedin-square"},{"url":"https://t.me/scamadviser_scammybot","icon":"telegram"},{"url":"https://wa.me/31612902070","icon":"whatsapp"},{"url":"https://www.scamadviser.com/scammy-chatbot","icon":"university"}]},"url":"/articles/how-to-recognize-cryptocurrency-investment-scams","version":"a3ff320966d79a93c0459cfef9ba8f6a"}">

Cryptocurrency is a hot topic right now. Fear of missing out (FOMO) is leading many to have an urge to invest in crypto without having any knowledge about the subject. If you are not careful, it is extremely easy to fall for a cryptocurrency investment scam.
Check for These Signs of a Cryptocurrency Investment Scams
In this short guide, let’s take a look at a few criteria allowing us to differentiate if a cryptocurrency trading website is likely to be legit or fraudulent.
- The first step is to check if there are any 'payment proofs' and if so, to verify them. It’s easy and common for scammers to present edited images/videos as fake proof and testimonials.
- Then, our next step is to check to see if the site makes any claims of how long they have been running, and compare it to when the domain was registered. You can easily do this by entering the site's URL on ScamAdviser.com and checking the 'Key Facts' section.
NB: Most scams already fail at this point.
- If the owner information is hidden, it does not always mean it is a scam. However, but it does raise a red flag, especially if they claim to be a registered company.
- We'll check the site social media channels with respect to how long they have been online and how many user posts they published. For example, checking the ‘Page Transparency’ section of a page on Facebook will tell you when the page was created and where it is operated from.
Scammers have learnt to register their domains long in advance so comparing domain age against first evidence of being online is very important.
- Then, verify their company registration, if applicable. When it comes to online investment, if the service is offered by a registered company, they would usually need to register with a regulatory body as well (depending on the country). If they are not, but should be, they are definitely a scam. The accuracy and legitimacy of information are checked by regulatory bodies (such as the SEC or FCA), not by the company registrar.
- Visa, MasterCard and PayPal offer a certain level of consumer protection. If a site accepts these forms of payments they are usually legitimate. Although, I have found many sites that say they accept Visa/MasterCard, when they actually do not.
Avoid paying strangers using unsafe payment methods such as cryptocurrency, as it is extremely unsafe.
- If there are any photos/images, you can perform a Google search of the image to see if it was taken from or used somewhere else. Check images of team members and testimonials to know if they are photos of real people or random images taken from the internet.
- If the website promises unrealistic return rates (more than a few per cent per year) then you should really beware. 1% to 15% per year is considered a realistic rate of interest and high returns come with high risk. Anyone offering guaranteed high returns is likely to be a scammer.
If the website fails one or many of these checks, then it means that the website offers cryptocurrency services which may be high risk. In that case, we suggest you protect yourself and your money and should be very careful regarding this website.
Finally, we recommend you refer to the Library of Congress (LOC) website where the relevant regulatory bodies are mentioned for each country. Please note that depending on your country, cryptocurrency investment might be at your own risk.
We hope you find this tutorial useful. If you have any questions, let us know!
Report a Scam!
Have you fallen for a hoax, bought a fake product? Report the site and warn others!
As the influence of the internet rises, so does the prevalence of online scams. There are fraudsters making all kinds of claims to trap victims online - from fake investment opportunities to online stores - and the internet allows them to operate from any part of the world with anonymity. The ability to spot online scams is an important skill to have as the virtual world is increasingly becoming a part of every facet of our lives. The below tips will help you identify the signs which can indicate that a website could be a scam.
Common Sense: Too Good To Be True
When looking for goods online, a great deal can be very enticing. A Gucci bag or a new iPhone for half the price? Who wouldn’t want to grab such a deal? Scammers know this too and try to take advantage of the fact.
If an online deal looks too good to be true, think twice and double-check things. The easiest way to do this is to simply check out the same product at competing websites (that you trust). If the difference in prices is huge, it might be better to double-check the rest of the website.
Check Out the Social Media Links
Social media is a core part of ecommerce businesses these days and consumers often expect online shops to have a social media presence. Scammers know this and often insert logos of social media sites on their websites. Scratching beneath the surface often reveals this fu
So the worst has come to pass - you realise you parted with your money too fast, and the site you used was a scam - what now? Well first of all, don’t despair!!
If you think you have been scammed, the first port of call when having an issue is to simply ask for a refund. This is the first and easiest step to determine whether you are dealing with a genuine company or scammers. Sadly, getting your money back from a scammer is not as simple as just asking.
If you are indeed dealing with scammers, the procedure (and chance) of getting your money back varies depending on the payment method you used.
PayPal
Debit card/Credit card
Bank transfer
Wire transfer
Google Pay
Bitcoin
PayPal
If you used PayPal, you have a strong chance of getting your money back if you were scammed. On their website, you can file a dispute within 180 calendar days of your purchase.
Conditions to file a dispute:
The simplest situation is that you ordered from an online store and it has not arrived. In this case this is what PayPal states: "If your order never shows up and the seller can't provide proof of shipment or delivery, you'll get a full refund. It's that simple."
The scammer has sent you a completely different item. For example, you ordered a PlayStation 4, but instead received only a Playstation controller.
The condition of the item was misrepresented on the product page. This could be the