While it’s understandable that crypto enthusiasts are constantly looking for new investment opportunities, it is crucial to be vigilant and not fall for attractive promotions. These almost always come from newly registered, fraudulent websites that are looking for new blood.

Please always be aware of the dangers lurking behind unrealistic offers. Read more about such schemes in the following Bxd Crypto review.

Almost Convincing

The Bxd Crypto exchange wants you to believe that they’re registered as a money services business in the US. That’s why they have taken this name – there is indeed a firm called BXDcrypto Ltd. in the FinCEN register. However, this is just a trick used by these miscreants trying to fool unsuspecting investors. 

As legal documents clarify, the owner of the conduct is actually a company called Bxdcrypto Global digital assets Co., Ltd. Now, if you try to look for this name among the MSB registrants, you won’t find anything.This is a ghost company that is not legally incorporated anywhere and the only place it is mentioned is this very website. 

Keeping your digital assets should be your primary priority. That’s why you should also avoid loosely regulated platforms like Neocrypto, as well. Only strictly regulated crypto dealers can actually provide the service worth paying for. 

Another Free Crypto Coins Scam

When offered to sign up for free coins, inexperienced traders quickly rush to register on dubious platforms and become victims of identity theft and fraud. 

This fresh new con artist has been active since April, 2024. However, they’re already robbing victims left and right, especially investors from these countries:

• United States
• United Kingdom

According to some Bxd Crypto reviews posted recently on Reddit, traders are complaining about being added to random WhatsApp groups. 

Members of the channel are promised to get quick profits and alluring rewards, as well as free coins for their activity on this fraudulent platform. The entirety of information shown inside the trading software is false in order to make victims keep investing.

Many Fees but None Revealed

Everyone that wishes to trade on this platform is obligated to pay an abundance of fees, as suggested by the Terms and Conditions document. However, none of the Bxd Crypto trading tax, handling fees, or deposit and payout commissions are disclosed.

Among all of these, and other costs and charges mentioned, not a single number is shown. Hiding the actual service costs is typical for countless fraudulent platforms, among which is also BullTrend.

30 USDT Bonus

Website visitors are encouraged to register a Bxd Crypto login in order to receive rewards. These bonuses are given per task solved. Among these are signing up, verification, depositing and opening positions.

Defunct Site Has Nothing to Offer

The Bxd Crypto crypto scam revolves around getting the less experienced traders to promote their ponzi scheme and invest the cash they will never see again. That’s why only the handpicked targets can join the platform using the special code. Without it, access to the features is blocked.

Platform Entrance Denied

As previously explained, all features the website advertises are only available to those with the invitation code. That’s why the Bxd Crypto app for web trading remains out of reach for us. 

However, there’s two links posted on the site. These should lead to the online stores where the app for iOS and Android is supposed to be open for downloading. Unfortunately, but not entirely shocking, neither of the links work.

Crypto Pairs Available

Out of the alleged thousands of supported currencies, only a couple of tradable pairs are found on the site: BTC/USDT,  ETH/USDT, ETC/USDT, XRP/USDT, LTC/USDT, EOS/USDT, and BCH/USDT. There is no other information about what other crypto coins could be traded except these several popular ones. 

While you will have reputable crypto exchanges provide various, more and less popular coins, these fraudsters really didn’t bother to expand their offer.

Account Creation Impossible

Due to the previously discussed circumstances, we were unable to register for the platform. This is nothing out of the ordinary on fake crypto exchanges, as they only want to keep a limited circle of victims. 

Any outsiders may start investigating and finding inconsistencies and fraudulent signs and then expose the scheme. That’s why these sites only accept new members who are already believing their lies and a part of the scheme. 

Fake Profits – No Payouts

If you’ve been investing in this fraudulent and fake crypto trading campaign, all your profits are false and you won’t be able to withdraw a single penny. Since legal documents hint Bxd Crypto withdrawal fees to exist, you can also expect to be asked to pay them in advance so your profits could be released. This is, of course, another element of the scam.

In addition, the anonymity of crypto transactions makes it especially hard for unknowledgeable traders to recover their lost assets. That’s why it is always recommended to only send money via transparent ways such as credit cards.

Support Isn’t There

Allegedly available 24/7 support office doesn’t reveal a single way you could use to contact them. It could be that the access to the client desk is only available for existing members. Either way, we sincerely doubt they too receive the support they may require. After all, cyber criminals couldn’t care less what their victims want or need.

We Help Scam Victims!

Please never hesitate to ask for help if you’ve been defrauded and robbed by crypto criminals online. There’s always a way to attempt and take back the assets that were stolen from you. With the help of specialized technology and experience, our blockchain specialists can track down your funds and pinpoint wallets. 

Contact us for more information and book your first consultation with our legal experts. Don’t forget – every first interview is free!

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