What is Coinvraix?
Coinvraix is a type of crypto trading platform. A website like Coinvraix typically provides a user-friendly interface that allows users to easily manage their crypto assets and track market prices in real-time.
These platforms usually require users to create an account and go through a verification process before they can start trading. They also typically charge transaction fees, such as trading and withdrawal fees.
Some platforms may offer additional features such as margin trading, where users can trade with leverage, or staking, where users can earn rewards for holding certain cryptocurrencies.
We found that Coinvraix could use three illegal schemes on its platform: Phishing, Exit, and Fund Diversion Scheme.
Specification: Coinvraix Reviews
- Website Name: Coinvraix
- Email Id: NA.
- Contact Number: NA
- Contact Address: NA
- Registered Companies No.: NA.
- Plans: “We launched a promotion for new customers using a special promotional code that allows you to receive a certain amount of BTC to your Coinvraix account. Maker and Taker fees on Coinvraix are the same: 0.20% for regular users and 0.14% for Premium users.
- Social Media: They are not present on Social Media.
- Domain Age: 1st of April 2023
- Referral: 50% of the commission
FAQ: Coinvraix Reviews
Is Coinvraix Real or Fake?
The information on the website provided by Coinvraix resembles many websites currently working in the market. According to the roadmap, the company was started in 2018, but till now, there is no information on userbase, company financials, and public address in proof of reserves.
Is Coinvraix legit?
After researching it, we cannot find who owns this site. The team background is not mentioned on the website. The address shared by the company is from Australia, but till now, there is no evidence of company registration and on-chain funds for users’ security.
Coinvraix App Download
This site doesn’t have any apps. It is simply operating via a website.
Is Coinvraix Scam?
All fundamental flaws found on a non-legit site that later become scams are also present on Coinvraix. So, sooner or later, This particular investment website will scam people. Our opinion is simple; please do not use this site and keep a good long distance from it.
Red Flags: Coinvraix Reviews
- Team information is not provided.
- Using Duplicate Content.
- Guarantee high returns without any risk. It is nothing but using a Ponzi Scheme.
- In the Era of Social Media, they are not active on social media.
- Data security is an issue as they have not guarded their website properly.
- Domain age is very new.
Coinvraix Scam
- Phishing: These involve using fake websites, emails, or social media accounts to trick users into providing personal information or funds.
- Exit: This is when a trading platform suddenly shuts down and disappears with users’ funds.
- Fund Diversion Scheme: Previously, some trading platforms did this kind of scam, acquiring your orders on their website and diverting them to some big exchange. After a certain volume of transactions, they stop diverting funds and keep funds in their pockets.
EndNote
In last, we want to say that you should keep yourself away from bad websites like Coinvraix. It is not a legit online site to trade cryptocurrency. Never ever share your information with unknown websites; they use your data to steal your money or misuse it in some other unscrupulous activity.
We hope that Coinvraix Reviews helped you understand this website’s true nature. This kind of website targets people on Social Media; like many other people, such kinds of scams also affect people in our social circle.