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How Scammers Fake Crypto Transactions

  • Scammers fake crypto transactions by using Peer-to-Peer (P2P) methods to transfer flash coins that initially appear in wallets but eventually disappear.
  • There are no legitimate apps for the flashing process, and any service claiming to offer this is likely a scam, providing no real value in return.
  • Instead of traditional flash tokens, synthetic tokens on decentralized platforms like Trust Wallet and Metamask offer a more stable and legitimate option for trading and investing.
  • Synthetic tokens are created through collateralization and minting processes and do not have an expiration time, offering a secure alternative to traditional flash tokens.

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