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What is a scam?

A scam is a dishonest scheme that aims to get money, or something else of value, from its victims.

Many well-known scams are targeted at private individuals or consumers, but there is also a range of scams that target businesses. All sizes and types of businesses can be vulnerable to scams. The losses to individual victims range from a few tens of pounds up to millions.

If a business understands its own vulnerabilities and can recognise a scam for what it is, it can reduce its risk of being caught out.

Bitcoin is pretty cheap to send right now – cheaper than ethereum in some instances. It’s currently around 10 satoshis per byte to send BTC, which works out at approximately 30 cents for a typical transaction. Many bitcoin users only send cryptocurrency when withdrawing it from an exchange, however, to a wallet they control or to another exchange. And with cryptocurrency exchanges setting their own fees, the recent cost savings haven’t filtered through to users. Up until last week, it still cost around $10 to withdraw BTC from an exchange such as Kucoin or Binance. While the former has yet to lower its fees, Binance has.

I prefer to respond to topics because I like to benefit others, but my response should be useful and documented to benefit others

One can begin as a developer, work as a data scientist, or even an experienced project manager can place themselves in the cryptocurrency business. Search and bookmark some sites that exclusively offers job-related to the blockchain technology.

• Cryptocurrency Analyst: Designs the investment-related strategies.
• Blockchain Developer: Makes use of the Blockchain technology and implements solutions.
• Mining Technician: Runs and assembles along with maintaining the "rigs." The rig is used to mine the Cryptocurrency.
• Even traders, consultants, product managers, sales professionals and reporting experts can find a job for them in the crypto business.

Earning money has typically been associated with and restricted to traditional 'offline' route. With the Internet taking over a large part of our lives, more people are looking to ways to earn money online to increase their financial inflows, with secondary income streams.

You should be mindful of the platform that you opt for. While there are numerous ways to earn money online, some of these might be fake. Also, do not expect to earn a huge amount quickly when using online avenues

Tether (USDT) is a cryptocurrency designed for each token to be represented by an underlying US dollar. Each USDT token is pegged to a US dollar that is held in Tether Limited’s reserve balance and can be obtained through the Tether platform. Tether has been issued on the Omni, Ethereum, Tron, EOS, Liquid and Algorand blockchains

It is a good thing to start with and education but you must learn to trade and buy and sell digital currencies

Yes, it is a safe wallet

I see that platform yobit is one of the best platforms in trading and exchanging cryptocurrencies and I recommend anyone to trade now on platform

It started in 2016 when I knew nothing about cryptocurrencies and won over $ 1,500 in the rise of Bitcoin.