There are scams popping up with fake SUPPORT specialists that pretend to be your friend or offer you a lower entry of coins if you send them your masternode coins to earn ROI. Watch out for these scams as they are hitting home with large amount of criminal profits. These are clearly scams. Anyone who needs access to your Crypto coins is most likely going to scam you. Stay away from it.

Thank you to the Author on the BitcoinPub who wrote about our Public Announcement of the scams happening.

NEW TO MASTERNODES? BE CAREFUL

Anyone who has ever attempted to set up a masternode will acknowledge that the initial setup process can be quite tedious. In most cases, it requires basic Linux knowledge, although most of the modern altcoins support Windows-based masternodes as well. Even so, the process of setting up a masternode is daunting, and many people seek help.

While there certainly are honest people who will help set up masternodes without issues, not everyone can be trusted in this regard. It seems there is a growing number of criminals who help people set up such nodes and then steal their money. In some cases, tens of thousands of dollars can be lost in the process, which is anything but heartening.

The owner's of https://www.SetupMasternodes.com user friendly platform designed to spin up an altcoin masternode in seconds, confirms there is a growing problem in this industry. There is zero reason why anyone should allow an unknown individual to access their server or masternode wallet at any point in time. After all, exposing this information can have disastrous consequences where funds are concerned.

SetupMasternodes.com launched in March 2018 to support users with technical issues with Masternodes

Avoid Giving Someone Access To Your Coins

Since every masternode is linked to a cryptocurrency wallet and its associated private key, the funds are not safe from harm by any means. As such, anyone having access to this information can defraud cryptocurrency enthusiasts, which is seemingly happening on a regular basis these days.

How to identify the right masternode?

While the growing demand for help with masternodes is rather interesting, it also makes this industry more appealing to criminals. Self-professed experts who help users set up such nodes are often the ones which people shouldn’t trust. Anyone who demands access to sensitive information associated with one’s masternode usually has nefarious intentions, as there are dozens of written guides they can share instead.

Conclusion: NEVER SHARE PRIVATE KEYS, COINS, or REMOTE ACCESS to your LOCAL WALLET. If you give someone access to the VPS, there is no risk here unless you send COINS to your VPS Wallet. Masternodes do not need your COINS on a VPS. Unless a new developer requires it, for most masternodes, this is not the case.

There are companies like SetupMasternodes.com who is successfully helping users and has tons of reviews

A popular Setup Masternodes provider is https://www.SetupMasternodes.com

If you're anxious to learn more, visit the telegram: https://t.me/setupmasternodes