We understand how frustrating it is when innocent people are faced with the horrifying victimization of online fraudsters. Especially if you are a newbie to the crypto world, bitcoin can be very complex and confusing. It is on this basis that a lot of scammers try to attack those who are new to Bitcoin.

Since it is better safe than sorry, we have developed this post to enlighten you on the common scammer schemes that most people tend to fall into as well as how you can recover scammed bitcoin.

There is a lot you can do to protect yourself from Bitcoin scam, as well as steps to take once you are scammed, in order to recover your bitcoin.

Just like some of the few popular cryptocurrencies that we probably know of, Bitcoin is a form of digital asset or money that can be exchanged in a similar way to normal currency.

Understanding how bitcoin get scammed

The only form of trace attached to cryptocurrency, in general, is a digital record of the transaction as there is no physical money attached. This digital record of transactions is what is called Blockchain.

For every sold cryptocurrency and account credited, they are verified in a historical record by each computer in the network. This is actually what the blockchain is.

To this end, transactions are not issued or monitored by public authorities or even central banks. This also transcribes that cryptocurrencies do not have equal legal status as physical money or coins.

It also means that there will be no compensation whatsoever if something goes wrong. While it is quite advantageous for many business owners and crypto enthusiasts, online fraudsters have bootstrapped on this by faking bitcoin transactions and scamming innocent users.

Bitcoin has become well known, more people have sought to acquire it, but if you happen o be among the many that fell prey to bitcoin scammers, there is still hope.

Know this:

The only possible way to recover scammed bitcoins back is by hiring recovery experts to help you break into the firm’s database security system, extract your file and get back your bitcoins.

However, there is a need to consult a highly professional organization that consists of recovery experts. This is where organizations like Stellar Trace comes to your aid. Click here to contact us today and let’s help you recover 80% of your scammed bitcoin.

What are the steps to take after I have been scammed?

• The first thing that should come to mind after being scammed is to report the investment company involved.
• You should also understand that you can’t do it alone even if you are a seasoned crypto enthusiast. You need to help with the problem.
• Another effective step is to contact your card issuer or bank about the situation.
• Having understood that digital transactions are not monitored or backed by public authorities, it may be wise to seek legal counsel concerning then situation at hand.
• Lastly and most importantly on the steps, you should take once you are scammed bitcoin is to contact a recover company such as Stellar Trace.

We have created and set aside for victims a program on how to recover bitcoin so that these victims will be helped in recovering their lost funds.

How do I avoid being scammed?

It is better safe than sorry. There are some things you need to educate yourself with so that you don’t fall prey to these online fraudsters as there are so many of them out there with so many tricks.

This should not scare you away from the financial benefits attached to cryptocurrency. These are the few important things to also keep on a check to avoid being scammed.

• It is not safe to click just any link coming from a source you are not familiar with.
• Secondly, there are some offers that are too good to be true. You should not fall for it as it can be a gimmick or scam trap.
• One of the ways to always make sure you are not in contact with scammers is to always check the URLs.
• Some investment companies come with several tricks that will most likely work on new users. It is safer to carefully make research on the broker or investment company you are dealing with so that you don’t become another victim. Stellar Trace is a global frontier in forensic investigation, recoveries, data analysis, training, and consultancy services.

We are a 21st century compliant forensic firm with a full-fledged commitment to excellence in service delivery.

In conclusion, these steps shared in this article will definitely help you in recovering scammed bitcoin. Above all, make sure you contact a recovery company and you can be sure to get the help you need.

I hope this guide has given you some insights on how to avoid being scammer bitcoin by scammers.