Watch: These Are The Fake Crypto Apps That You Should Stay Away From

The crypto market has become one of the fastest growing industries in the present day and age. Thus, with a growing market, the crypto trade has come wanting platforms for ease of exchange. However, with the RBI making it only more difficult for traders to engage themselves in the market, the search for alternatives has almost always led to certain disaster.

Coupled with this, the crypto market has been mostly invested in by the younger generations who in their need for fast and efficient minting of virtual currency have opted for alternate methods.

Unfortunately, these alternate methods more often than not become a reason for many a grievance for this particular generation. From data theft to device surveillance, the desire to make money through ‘crypto mining’ apps has become commonplace.

Unfortunately, the traders remain oblivious to what happens behind closed curtains. Thus, we look at the fake crypto applications which have come into notice for all the wrong reasons.

Also Read: Singapore Suspends Cryptocurrency Exchange For Misusing K-Pop Band BTS’ Name

There’s no shortcut to trading, and mobile apps are absolutely the worst way to move forward. Happy trading!

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Sources: Digit, Gadgets Now

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This post is tagged under: cryptocurrency ban, crypto ban, cryptocurrency, rbi, reserve bank of India, Narendra modi, prime minister Narendra modi, pmo, indian government, crypto bill india, private crypto, private cryptocurrency, bitcoin, ethereum, dogecoin, china, united states, fake crypto apps, mining, crypto mining

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