Saturday, 18 August 2018

Avoiding crypto-coin scams.

Different names are commonly used for various coins, sometimes, but not always, to cause deliberate confusion in the purchaser's mind.

The best advice is to always go by the 3 letter ticker.

For example, BTC is Bitcoin, whereas BCH is Bitcoin Cash.

They are immediately distinguishable in this way. One of these coins is valued at over 10 x the other due to its integrity, reputation and market share.

Always use the ticker to ensure you are not buying the incorrect coin.

submitted by /u/SkipTheOnionsPlease
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source https://www.reddit.com/r/btc/comments/98b1wo/avoiding_cryptocoin_scams/

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