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RE: Why am I getting Free Crypto on bitshares?
BTS is A decentralized exchange. Those are issued assets. Maybe they have plans for them. Maybe not and it’s just a digital paperweight if you will.
I don’t think that is legitimate ripple it looks like someone issued a asset called “riple” . Weird but whatever lol.
My final statement will be to read up on asssets. Many pegged assets and issued assets are legit and some less than others.
Good luck
Good spot. So basically they are hoping enough people will trade these fake tokens at the price of real ripple to drive up the price then sell their created tokens for a nice profit.
Wow I didn't have enough coffee today. Only saw now it is "riple" and not "ripple", thanks gonna read up on assets on bitshares. Thanks
Yeah they might even try profit by making money off the transaction fees, which will properly be higher than the overall value of these fake tokens.
Yes with a dex I have learned the framework is beautiful for people like Ronny at ol, gdex, bitland, CryptoBridge etc. but it takes all people to become aware of the abuse the framework can take from fake tokens and shady people.