Coinupfix.com, a recently launched website, has been flagged as a potential crypto exchange scam. The domain name is merely 120 days old at the time of this report. It’s noteworthy that the site lacks a customer service phone number and an official business name isn’t listed anywhere on the website. The company’s presence on social media platforms is non-existent. Reviews of the website are scarce, with none found outside their own pages. They promise high returns on your investment, but once you invest, the money disappears into the scammers’ pockets and they vanish.
A crypto exchange scam involves a fraudulent website, often promising high returns on investments. When users invest their money, the scammers take the funds and disappear, leaving the users with no way to recover their investment.