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Avoid scam lending site ICO coin
Its very Important you understand techniques on How to spot and avoid scam lending site and ICO coin
Sites that offer such services include
1. WesternCoin
This is a cryptocurrency that claims to have trading, lending, and staking. The website features limited details about the currency and how it works.
2. CoinLoan
CoinLoad is an innovative lending platform where crypto-assets (Bitcoin, Ethereum, Litecoin, etc) are used as collaterals.
3. SALT’s
Here is another Lending site, with Secure Automated Lending Technology allows you to keep your bitcoin, Ethereum & crypto and get your cash competitive interest rates & no credit
The fact simply remains that Bitconnect is the first cryptocurrency to offer a lending program and it was successful. This show how much money you can be made in trading cryptocurrencies real good. BUY CHEAP HEADPHONES HiFi
Regalcoin is the second coin to start the lending and many people missed it ICO stage.Many coins have started attracting people, all in the name of lending because people now understand massive earnings from lending.
There are lending ICO coin out there that are scams and you need to be very careful.
Avoid scam lending site ICO coin
1. How Avoid scam lending site ICO coin Availability of blockchain: the first thing you must consider is the blockchain. Is the coin you are investing in has it own blockchain? why Applygist.com is after blockchain because that most lending site that offers staking which means minting of the coin and this can be done only on the built blockchain, not on another platform.Any token that offers staking and its a scam, A token is a crypto offer from blockchain platforms like Ethereum, waves, counterparty and the likes
2. How Avoid scam lending site ICO coin Roadmap
This is an important factor to be considered when investing in ICO generally, An ICO coin that doesn’t have a Roadmap, it is like a blind being.most ICO that promise lending now doesn’t have Roadmap and this show that they are not different from HYIP site. Women’s Devotional Bible
3. How Avoid scam lending site ICO coin Open source project: we have known cryptocurrency to be an open source project and this is where the decentralized was first started.the source code must be accessible to everyone and not be kept private. All cryptocurrency source code is expected to be found on github.com How Avoid scam lending site ICO coin
4. Avoid scam lending site ICO coin Finally White paper: An ICO that doesn’t have whitepaper that will explain in details on how it coin works must be totally avoided.
Hope this was helpful in helping you fall trap of fake and Scam lending site and ICO coin platforms.