What are Rug Pulls and How to Avoid Them?

What are Rug Pulls? With the ever-increasing influx of new users in cryptocurrencies, rug pulls are becoming a more prominent and traders are at a higher risk of falling into this crypto scam. Today, rug pulls make up the majority of scams encountered by an average crypto user.
How can you avoid this and what can we do to identify potential rug pull? We've got you covered! This video shares all you need to know about rug pulls, and how to stay safe to avoid falling for them.
Links Mentioned:
Rug Pulls: www.coingecko.com/en/glossary...
Etherscan: etherscan.io/
Unicrypt: unicrypt.network/
Timestamps:
00:00 Intro
00:38 What are rugpulls
01:27 How do rugpulls happen?
03:15 Identifying scammy projects
05:44 Tips to avoid falling for rugpulls
08:22 Keep this in mind!
Download CoinGecko App!📱
iOS: gcko.io/coingecko-ios
Android: gcko.io/coingecko-android
Follow us!
Twitter: / coingecko
Instagram: / coingecko
TikTok: / coingeckotv
Telegram: t.me/coingecko
Subscribe to CoinGecko's Newsletter! 📩
landing.coingecko.com/newslet...
#rugpull #cryptoscam #dyor #crypto #cryptocurrency #scam #fomo

[@CoinGecko]

Want to know more about crypto scams? 🥶
You can watch this video here where we cover a variety of crypto scams and tips on how to spot them👇🏻
ruclips.net/video/s7dC5GOz5XI/видео.html

[@d3m1g0d4]

Do your own research! You are my research☺

[@maxsitta73]

TERRA Luna best of the rug pulls 🥴

[@masonl2987]

Mr. Aubin Connor has brought me out of the wrenches to a better living through trading Forex, BTC, ETH, and BNB. I encourage newbies to trade with him.

[@masonl2987]

#.........Aubin21

[@masonl2987]

His telegram

[@ollie5707]

sounds like a rugpull mate! straight up! LOL!