What is a Rug Pull? Explained Simply

The term “rug pull” refers to unknowing investors “having the rug pulled from underneath them” by the creators or developers of a cryptocurrency. This can take a number of forms, but the most common type of rug pull is the liquidity scam, which most commonly takes place on decentralised exchanges (DEXs).

Join our Discord Channel: https://discord.gg/EcvqQaNzsD

Join our Telegram Group: https://t.me/+cTexh7QC3D9mNjdk

Subscribe to our newsletter: https://decentralised.news/newsletter/

Read the best selling book: TOKENIZED TRILLIONS: https://amzn.to/3BA2TOv

Also check out: BLOCKCHAIN APPLIED: https://amzn.to/3oT6QKU

Bitcoin Breakthrough FREE Training Guide: https://bit.ly/3GopaAJ

Books available for download at Payhip:
Tokenized Trillions: https://payhip.com/b/GF0Q
Blockchain Applied: https://payhip.com/b/fGg5

Recommended crypto platforms: https://decentralised.news/ecosystem/

Crypto resources: https://decentralised.news/resources/

All the tools you need to succeed online:
https://navigate-digital.com/

Peer-to-peer Marketing: https://proudlyassociated.com/

For top-level domains: https://heathmuchena.com/shop/

DISCLAIMER: The content on our site is for informational purposes only. Readers, viewers and listeners should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on our site constitutes a solicitation, recommendation, endorsement, or offer by Decentralised News to buy or sell any securities or other financial instruments in any jurisdiction in which such solicitation or offer would be unlawful under the laws of such jurisdiction.

#NotFinancialAdvice #DecentralisedNews #RugPull #Blockchain #Metaverse #PlaytoEarn #CryptoInvestments #Bitcoin #BuyBitcoin #TokenizedAssets #DecentralisedFinance #Crypto #DigitalAssets #EarnCrypto #EarnBitcoin #Cryptocurrencies #DeFi #CryptoWallets #YieldFarming #Stocks #TokenizedStocks #CryptoNews #BitcoinNews #BestCryptoEducationChannel #CryptoEducation