Coinharvest.online

Crypto scams

https://coinharvest.online

Analysis

Coinharvest.online, a supposed cryptocurrency exchange platform, is actually a fraudulent operation. They lure potential investors with the promise of substantial returns. However, once the investment is made, the fraudsters vanish with the money. At the time of investigation, the website had been active for 75 days. Despite claiming to operate within a certain state, the company lacks official registration. The website also fails to provide a customer service phone number. Moreover, the partnerships they proudly display on their site are nothing but fabrications.

A crypto exchange scam involves a fraudulent entity posing as a legitimate cryptocurrency exchange platform. They often promise high returns on investments to attract potential investors. Once the investment is made, the scammers take the money and disappear, leaving the investor with significant losses.

Video explanation

Red Flags

Fake business name

Fake partnerships

Recently registered

Missing Information

No phone numbers

Scam Explainer

A crypto exchange scam is a fraudulent scheme that swindles people out of their cryptocurrency. These scams usually pose as legitimate crypto exchanges. They often offer alluring deals to attract victims, like promises of high returns or low trading fees. Scammers use professional-looking websites and marketing materials to appear real. They may even have customer service agents to further convince the victims. Once a victim deposits cryptocurrency into the scam exchange, the scammers could simply disappear. In some cases, victims might find they're unable to withdraw their funds, or their account suddenly gets closed, with all their deposited crypto vanished. Remember, promises of guaranteed profits are a classic sign of a scam. Authentic crypto exchanges never guarantee profits. Be cautious if an exchange pressures quick decisions or uses aggressive sales tactics.