Worldtradx.com

Crypto scams

https://worldtradx.com

Analysis

Worldtradx.com, flagged as a crypto exchange swindle, has only been active for 23 days when we made this discovery. You won’t find a contact number for customer service on their site. The reviews seem to be made up as they don’t come from genuine customers. The business address provided on the website is non-existent. The business name they operate under does not exist in the state they claim to hail from. Partnerships listed on the site turn out to be nothing more than figments of imagination. A myriad of under-construction pages filled with typical text and placeholder phrases can be found on their site. A foreign entity owns and operates the website. Their absence on social media platforms is conspicuous. Popular customer review platforms do not recognize their presence.

Crypto exchange scam involves deceptive practices by a so-called cryptocurrency exchange. They lure people with the promise of trading digital currencies but in reality, their primary aim is to swindle unsuspecting individuals out of their hard-earned money.

Red Flags

Fake address

Fake business name

Fake partnerships

Fake reviews

Foreign company

Recently registered

Unfinished website

Missing Information

No phone numbers

No reviews

No social media

Scam Explainer

A crypto exchange scam involves fraudsters setting up fake cryptocurrency exchange platforms to deceive investors. These scammers often create websites that closely resemble legitimate exchanges to trick users into depositing funds. Once the funds are transferred, the scammers either take them directly or manipulate the platform to show losses, leaving the investors with nothing. Always ensure to use reputable exchanges and double-check URLs to avoid such scams.