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The popularity of cryptocurrency is continuing to rise all over the world. Numerous buyers have raked in unimaginable profits, and more people have started diving into the cryptocurrency world for various reasons., a social-first crypto platform and marketplace headed by Dan Schatt and Domenic Carosa, Earnity is primed to provide another way for individuals to enter the crypto space. Earnity has developed an online platform where users can earn, gather, research, and gift portfolios of digital assets and tokens.
However, the absence of regulation plus market volatility has led buyers to constantly face a high risk of fraud. However, there are ways for crypto buyers to avoid falling prey to scams, say Schatt and Carosa.
Remember that any offer that sounds too good to be true requires a special amount of due diligence. It is always prudent to check multiple times and research extensively before committing any money to a crypto asset. Not all information seen online should be taken at face value.
Be on the lookout for fake mobile apps or online platforms, as some of them can resemble legitimate cryptocurrency apps. Double-checking the websites, URLs, and customer reviews can help users ensure that they are engaging only with legitimate platforms. Studying the license, regulations, and internal controls that govern a particular platform is also helpful.
Another way to stay protected from scammers is to learn their modus operandi. For example, some of them will ask for passwords or two-factor authentication codes or request remote access to a user’s devices.
Earnity understands the importance of security in crypto. Under the leadership of Dan Schatt and Domenic Carosa, the company employs not only fintech and crypto veterans but also CISSPs or Certified Information Systems Security Professionals who have extensive experience in solving some of the most challenging cybercrimes. Consequently, the platform will afford users more control of their money in a secure environment.
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