Lucy Bernice MensahNov 26, 2021 · 3 years ago5 answers How can I avoid falling victim to rug pulls in the world of cryptocurrencies?
As a beginner in the world of cryptocurrencies, I want to know how I can protect myself from rug pulls. What are some strategies or tips I can follow to avoid falling victim to rug pulls? I've heard that rug pulls are a common scam in the crypto space, where developers abandon a project after attracting investors and take away all the funds. How can I identify potential rug pulls and stay safe in my crypto investments?