Binary options scams continue to be one of the biggest hurdles in the trading industry and sadly this is an issue that many investors have already fallen victim to. If you are one, don’t be afraid because there are thousands of people like you who have seen such a situation in their lives and still find a way to recover the money they lost. Still, binary options scams are one thing you should keep an eye on.
How to identify a binary options scam?
Daily emails and cool calls
If you open your email and find that someone who emails you daily says that he has just made a lot of money from binary options and wants to publish it, it is a scam. If someone promises to stay with the Australian Duty Office and you do not send them some bitcoin directly, it is legal for you to have a scam.
Look for this kind of effort to get your money. Don’t try to send money or trade binary options anywhere except to whom you specify. And don’t try to add yourself to binary options anywhere without double checking the information.
The Internet has brought a lot of viruses, adware and spyware and other bad guys into the world. Unfortunately, the quality, anonymity, and whole digital nature of cryptocurrencies mean that scammers can now more easily make cash with dangerous downloads.
As always, you should not click on unknown email sections or potentially dangerous links. You should be very careful about using bitcoin as bait. For example, a post on social media where someone claims that you can create a bitcoin mine just by downloading a program or a web link to a prospective bitcoin exchange that offers to get started on Freebiz should always deal with the loser.
There are many secure, genuine and secure cryptocurrency exchanges but you probably won’t find them by following the weird links.
Often there are binary options clubs that identify themselves as investment and membership networks. They guarantee higher returns, or cash flow or some kind of salary payment but with a catch. You will need to close any values, such as a membership fee, or a regular continuation payment to an account, or to pay an agent, or to be asked to pay somewhere.
Open scams do a huge amount of marketing themselves and hide their true motives through proven marketing games. Their brokers and marketing gateways are known as potentially great.