Read our reviews to identify a scammer | Forex and crypto trading platforms

How to recognize a scammer among crypto exchangers? Read in our reviews on the crypto platform

Provider
Top trades
Visa/Mastercard
Min/max deposit
Regulation
Our Score
Review
Site
1
Alibaba Group
Amazon.com Inc
Apple Inc
Facebook Inc-a
Netflix Inc
Yes
The minimum amount to open an account is $100
Yes
9
Provider
Payment method
BTC rate
Available Crypto
Limits
Our Score
Review
Site
1
Card
BTC
LTC
ETH
N/A
9
Provider
Regulation
Limits
Available Crypto
Min/max deposit
Our Score
Review
Site
1
Yes
N/A
BTC
ETH
Costs £2 or £4 per month
9
Provider
Payment method
BTC rate
Available Crypto
Limits
Our Score
Review
Site
1
Card
BTC
LTC
ETH
N/A
9
2
Card
BTC
LTC
ETH
N/A
9

Forex brokers

Last Updated: 27.08.2021

Crypto Wallets

Last Updated: 06.07.2021

Exchangers

Last Updated: 06.07.2021

Exchanges

Last Updated: 06.07.2021

How to Detect Scammers and Fraudulent Crypto Services

You should be aware of cryptocurrency exchange scams. Did you know that Americans lost $80 million to crypto scams in six months? We know how to avoid fraud better than anyone else. After all, our experts do their best to learn everything about the world of digital currencies. It’s not that simple to detect a scam crypto market on your own.

The primary way to prevent yourself from facing fraudulent websites is to research, research, and research. It’s necessary to read reviews on each scam Forex broker to be armed to the teeth. On our site, you can find all the necessary information in one place. It saves your time and nerves. Do your due diligence on any crypto brokerage or exchange you plan to use. Our platform is the perfect place to conduct in-depth analysis. 


Why Should You Read Our Reviews on Scammers?

Is crypto legit? Well, at least, it is not forbidden or banned. The thing is such tokens as bitcoin are decentralized and not regulated. Also, digital coins are highly volatile. That is why cryptocurrency and any operations with it involve certain risks. It is true that you cannot predict the price per coin for sure. However, you can still protect your funds and increase your security level. To realize which services are better to avoid, it is enough to have a look at our Scam section. There, we list only those websites that are fakes or scammers.

Many exchange services stay unregulated and susceptible to scams. Some sites can easily manipulate trading volumes and set unfair prices and fees. Their goal is to fleece traders and investors of their money. Harassing users and denying cryptocurrency withdrawals are their main activities, and they do not ever feel ashamed for what they do. It is almost impossible to win a case against them as it’s difficult to prove that you’re right. Guarding against these schemes is our main mission. We recommend that you use only trusted brokers, exchanges, and crypto wallets.

Our team assists with spotting the telltale signs of fraudulent platforms before creating an account. We won’t let you deal with scam crypto wallets so that your crypto coins remain secure.


Our Tips to Help Your Avoid Problems

In case someone offers you free money or huge bonuses for registration alone, watch out! It sounds too good. Even after reading our reviews, we recommend studying the website on your own. Even if our team recommends the specific service, still, check more information to see whether this particular site suits you. By following our tips and observing the exchanges and brokers, you’ll never get fooled.

Never hurry up to share your personal information with the first site you find. They can share it with third parties or even worse - steal your data for their purposes. Don’t invest money without observing the specific platform. Always weigh all the decisions based on our objective reviews and feedback from other users.

Our team has more than six years of experience in the field of cryptocurrency. Is Forex legit? How safe is the specific exchange? What is the best way to store Bitcoin? We know the answers to all of these questions. Our team carefully selects the websites to review. On the whole, we try to review all the existing services related to crypto operations to help you choose the best options and avoid dangerous services.

FAQ

What Is Scam?

Scam stands for deception or fake. It is often said about ICO or some kind of cryptocurrency. This means that the project is fraudulent, and the developers only want to cash in on users without offering a quality product.

How to Define a Fraudelent Broker?

- Guaranteed high income
- Unknown / unpopular trading platform
- No site, one-page site, or clone site
- Focus on the profitability of managers
- May occupy to the first places in the ratings of fake or suspicious brokers
- Focus on dubious trading tools
- The broker does not have a legitimate license

How Can You Detect a Scammer Easily?

- Haste. Scammers, in most cases, rush their clients, leaving no time to realize what is happening. They often use manipulations and threats for this purpose.
- Exclusive information. In order to attract attention, scammers often use the "secret bugs" trick
- Cryptocurrency. If you have to make a transaction with or a transfer in payment systems with a low degree of data verification, such as QIWI, then you should be very careful. Scammers often use the features of these systems to their advantage. For cryptocurrencies, these are non-refundable transactions.

Common Types of Cryptocurrency Fraud

- Fake websites
- Fake mobile apps
- Fraudulent emails

Widespread Bitcoin Scams

- Blackmail
- Fake exchanges
- Fake giveaways
- Phishing on social networks
- Copy-paste viruses
- Phishing emails