Pyramid and Ponzi Schemes Explained

Naturally, there is always some degree of risk involved with any investment. However, the risk is greatly increased in cases where the investor becomes unexpectedly involved in Ponzi or pyramid schemes, which are deemed as illegal in many countries. Therefore, being able to identify these schemes and to understand how they work is of great importance. Subscribe to keep up to date with more content from Binance and don’t forget to check our other videos at ! Sign up to Binance with a life