What are the signs that indicate a bitcoin coin is genuine?

3 answers

• Nov 24, 2021 · 3 years ago
  When examining a bitcoin coin, look for a unique public key engraved on the coin. This key should match the public key associated with the bitcoin address where the coin was minted. Additionally, check for any tamper-evident features on the coin, such as holograms or serial numbers, which can provide further assurance of its authenticity.
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• Nov 24, 2021 · 3 years ago
  One way to verify the genuineness of a bitcoin coin is to use a reputable third-party authentication service. These services specialize in verifying the authenticity of physical bitcoins by examining their design, weight, and other physical characteristics. They can also provide a certificate of authenticity to validate the coin's origin and legitimacy.
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• Nov 24, 2021 · 3 years ago
  At BYDFi, we recommend using a combination of the above methods to ensure the authenticity of a bitcoin coin. Checking for a matching public key, inspecting tamper-evident features, and utilizing a trusted authentication service can greatly reduce the risk of counterfeit coins. Remember to always do your due diligence when purchasing physical bitcoins to protect your investment.
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