A fake bitcoin exchange would first of all usually have unusual bitcoin price on their platform,,the unusual price
could mean that the price at which they sell bitcoin is low compared to the rate at which bitcoin is being sold
at in other exchanges,,the fake bitcoin exchange usually have low bitcoin price in other to attract alot of people so that they can scam them,fake exchanges know that
many people usually love cheap things so when they hear about a very cheap or cheaper bitcoin then they would want to rush into the exchange offering such,that
is why people need to always have it in mind “when something sounds too good to be true then it is probably a lie”..so people need to be careful when
choosing exchange to use.....another way to detect fake exchange is to check their website and see if they have a contact details that can be verified to be true or not...
RE: Musing Posts