Trading in cryptocurrencies is not as easy as buying and selling, the platform is currently complex and there is no support from regulators. Nevertheless, its nature is lucrative and investors from all over the world have taken a deep dive into this money-making market. And with the birth of new crypto exchanges in India the market has been equally welcomed and investors are feeling comfortable doing business on the platform. However, what happens when crypto exchanges make you rely on your money to trade in cryptocurrency and manage your account, which double-crosses you and robs you of your hard earned money. This is a reality for many Indian investors.
CloudSEK founder and CEO Rahul Sasi draws attention to one such cryptocurrency-Trading trap.
CloudSEK, a relevant AI company that predicts cyberbullying Even before they happened, there are speculations that fake crypto exchanges duped victims. 1,000 crores.