How to Identify Possible Crypto Scams ?

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·@arunava·
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How to Identify Possible Crypto Scams ?
<center>

![image.png](https://res.cloudinary.com/hpiynhbhq/image/upload/v1519491061/ooxbwiku4g5ayixfwtmk.png)

There are many Signs which Screams if a certain Website is a Scam or is a Legitimate Company. In this Post I will try to tell you Guys how to Identify Possible Scams as much as I know.

![DQmfXyKGbYSEWzkriJ7jHPQ36TDV1CTrGgZSBcBjveo32jz_1680x8400.png](https://res.cloudinary.com/hpiynhbhq/image/upload/v1519490809/by0vyfrpqvpdmagno1kn.png)


**1. High Payment**

![payment_banner.jpg](https://res.cloudinary.com/hpiynhbhq/image/upload/v1519490898/mcyifoxrejdntq0tpnga.jpg)


If an Website gives you a Ridiculous amount of payment Proof it's Possible that is a Scam you are Investing in.

![DQmfXyKGbYSEWzkriJ7jHPQ36TDV1CTrGgZSBcBjveo32jz_1680x8400.png](https://res.cloudinary.com/hpiynhbhq/image/upload/v1519490809/by0vyfrpqvpdmagno1kn.png)


**2. Cloud Mining**

![image.png](https://res.cloudinary.com/hpiynhbhq/image/upload/v1519490858/gbqllenztvdbv8gkejme.png)


If by any chance you Sign up for a Cloud Mining Scams you should know this. Legitimate Companies don't give out Free Mining power to anyone. If they are giving you Free Mining power it's Probably a Scam.

![DQmfXyKGbYSEWzkriJ7jHPQ36TDV1CTrGgZSBcBjveo32jz_1680x8400.png](https://res.cloudinary.com/hpiynhbhq/image/upload/v1519490809/by0vyfrpqvpdmagno1kn.png)


**3. Regular payments**

![regular.jpg](https://res.cloudinary.com/hpiynhbhq/image/upload/v1519490985/nbijwlgd2ayruxlvzdfg.jpg)


By Regular Payments I mean a fixed amount of Payment Daily. Bitcoin Mining is very Competitive so if I get 1 BTC for Mining Bitcoin a Day there is a huge Probability that my Second day Payout is not going to be the same as the Previous Day.

![DQmfXyKGbYSEWzkriJ7jHPQ36TDV1CTrGgZSBcBjveo32jz_1680x8400.png](https://res.cloudinary.com/hpiynhbhq/image/upload/v1519490809/by0vyfrpqvpdmagno1kn.png)


**4. Low Transparency**

![tl-logo-fb.jpg](https://res.cloudinary.com/hpiynhbhq/image/upload/v1519491014/uwajukz0wiaotbq227tm.jpg)


When you think of Investing in  a Company try to do a Basic Check for their Company and see if they are Transparent enough or not.

![Cover.jpg](https://res.cloudinary.com/hpiynhbhq/image/upload/v1519490770/nxfzgksliyusmaes0krq.jpg)


**I hope You like this Post of Mine.
Stay Tuned for More Interesting Stuffs.**</center>
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