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Bitcoin Depot Resources
What Crypto Scams Seniors Should Watch For
Cryptocurrency is hot right now, and with it comes a rise in scams. Seniors are particularly vulnerable to these scams, as they may be more trusting of strangers and less familiar with how cryptocurrency works. That’s not to say there aren’t some pretty savvy elders out there, but in general, those over the age of […]
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05.25.2023
Getting to Know the 'Pig Butchering' Crypto Scam
If you receive a DM (direct message) or text message from someone you don’t know, the best thing you can do is ignore it or delete it. That’s because it could be part of a ‘pig butchering’ scam. This scam is alluding to the process of letting a pig get nice and fat before butchering […]
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05.22.2023
What is KYC?
In recent years, cryptocurrencies have become increasingly popular, and as a result, the demand for crypto-related services has increased. However, as with any financial service, the use of cryptocurrencies carries with it the risk of illicit activities such as money laundering, terrorism financing, human trafficking, and other forms of financial crimes. This is where KYC […]
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05.18.2023
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