In Crypto World Its Easy to Get Scammed
Yes how many times do we see a scammed project in crypto? It seems that some of the project that come up in the the crypto world dead even before it really reach the wild world. who remember how bitconnect scam lots of people back in 2017 when bitcoin start to kick some ass? in the end many people got kicked in the ass because of bitconnect. sorry for the language :) so please pay attention when you are investing your money in any crypto project. Do some reseacrh before you are going to lose some money.
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Not Your Key Not Your Coin
This is a common phrase which is used by most crypto lover. Most of the time I see many people encourage the other to keep their coin in a cold wallet, not just leaving their bag in the exchange. AS we won't know who will peek into our bag, and snatch the digital gold we store there. But I was one of the victim from those kind of hacked exchange, or just simply a scam one. I lost some money in Coinmarkets,Cryptohub,Cyptobridge, Bitebtc, the latest is Cryptopia. Some of them are simply a scam, while the other hacked, and some other are closing with little info and notice to the customer to withdraw the holding. These are the hack that happen in crypto exchange in 2019 alone.
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Beware Indonesian, Only These are Legal
For Indonesian Crypto lover, please stay up to date to the official authority announcement to see which investment are legal, which exchange are already registered under Indonesian law. Eventough we can still trade with exchange which has not been registered, but when shit happen we can still get help from the authority. Please also bear that the process might be slow, remember how lame things are here. hahah
if you are still want to trade with the unregistered exchange, choose wisely. Choose a big and trusted exchange, like bittrex, binance, upbit, kucoin. not an endorsement :)
Looking at the official announcement, these are the legal and registered crypto exchange in Indonesia. Some are still in development, so you might never heard of.
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the mirror post you can see in the link below
https://steemit.com/hive-147998/@alt-runner/beware-indonesian-don-t-get-scammed
https://leofinance.io/@alt-runner/beware-indonesian-don-t-get-scammed
