Published On Aug 2, 2022
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: https://www.coingecko.com/en/glossary...
Etherscan: https://etherscan.io/
Unicrypt: https://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!
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