Facebook and Google banned crypto ads, Twitter is also doing it. And i can see why. Most ads are scams.

The scam is really easy and profitable if one gets fooled.
They create a new token with a similar name to the official one ie NucleusVisio instead of NCASH (and actually NucleousVision) or Credits instead of CS. Then they give you short-link to etherdelta/contract/ETH so this way you wont notice this is a different contract and reply to tweets or reddit threads. Some are even rude enough to make promoted posts on twitter.

If you are not aware decentralized exchanges on ETH can trade any contract so if somehow you are moved to fake/misspelled contract then you believe you are making super arbitrage deal.. but you just lose money.

Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips!