The Art Of Staying Miles Away From Ponzi Schemes in DeFi

The Art Of Staying Miles Away From Ponzi Schemes in DeFi | Lpn Token

What is the Ponzi Scheme in Cryptocurrencies?

How Exactly Ponzi Schemes Work?

How To Stay Miles Away From Ponzi Schemes?

  • Never trust anyone proposing cryptocurrency investment plans blindly.
  • Visit the website of the cryptocurrency investment plans being presented to you. This is where you will get to know about the following for taking the right decision:
  • The team.
  • ICO/IEO/STO.
  • Business model.
  • Ecosystem development.
  • Attributes.
  • Research in-depth and study the DeFi investment plans being presented to you in detail.
  • Consider reading the whitepaper.
  • Think about searching its name and performance graph on reputed exchanges like CoinMarketCap and Binance.
  • Check the background of the person or the group communicating with you the investment plan.

Keynote:

The Bottom Line:

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We are a group of companies handling a variety of business streams since marking inception in 2010. https://www.lpntoken.io/

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