As a small reminder for you 😊

Here is basic checklist to do before entering any crypto project. This might save you some funds and time, but it's not a guarantee of success:

➡️ Seek for wallets

Take some time to do a quick research and find project withdrawal/deposit wallet. Also don’t hesitate to look through recent transactions. Seek for something suspicious, like big transfers to exchange wallets 💰

It might also happen that project has no dedicated wallet at all and uses common exchange wallet. Well, that’s also the point to take into account 💱

➡️ Check out socials

It's essential to see if there are any socials linked to the project like Telegram channels, groups, X, Discord and etc. Also pay attention to activity in such socials. If project has dedicated chat, please make sure that it's not prohibited from chatting there 💬

➡️ Try to do some search on the Google and Telegram

Just type in project name/bot name in the search bar and look for some reviews. Sometime such searching helps to take the right decision as well 🔍

➡️ Calculate possible ROIs (return of interest) rates

Shorter ROI — higher risk usually. So think twice and tread carefully when you see a project offering 10-20% yield daily. What's also important is that it doesn't mean that projects with 3% yield per month are less susceptible to scammy moves 🔣

ℹ️ If you have anything to add, you are welcome to do so in comments section below (or directly in our discussion group) 😊

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