Frequently Asked Questions (FAQ)
A scam platform is a website or service that deceives investors through false promises, misleading information, or illegal practices. They often promise high returns with no risk, hide platform risks, and ultimately aim to steal users' funds.
The key to identifying a scam platform lies in its unrealistic promises. For example, if the platform claims “no-risk, high returns” or “guaranteed daily profits,” it is likely a scam. Other red flags include lack of transparency, unverifiable company details, and difficulty withdrawing funds.
If you have invested in a scam platform, immediately cease all transactions and try to keep any related communication or transaction records. We recommend reporting the scam to relevant authorities and seeking professional advice to track blockchain transactions and attempt to recover your funds.
- Do Your Research: Check the platform's reputation and user reviews.
- Verify Regulatory Information: Ensure the platform is properly regulated and provides verifiable company details.
- Read Terms and Conditions: Carefully review the terms of service and privacy policy to avoid hidden fees or unfair terms.`
If you come across a platform not listed on our website or if you encounter a suspicious trading platform, please submit the information through our "Report a Scam" page. We will investigate the platform and add it to our scam alert list.
- Diversify Investments: Don’t put all your funds into one platform.
- Be Cautious: Always be skeptical of platforms that promise too-good-to-be-true returns with no risk.
- Check for Reviews and Certifications: Verify if the platform has positive reviews and is certified by trusted regulatory bodies.