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Coinshedge claims to be a cryptocurrency trading platform, but in reality it is a scam website run by scammers.
‘Investors’ take to the platform, encouraging people they meet online to invest in get-rich-quick schemes.
Victims were told that if they invested in Coinshedge, they could earn large profits in a short period of time.
However, once you have deposited a significant amount and have seen that you have made a ‘profit’, if you try to withdraw cash, your account will be blocked.
Scammers demand large fees to unlock victims’ accounts, but this money is also stolen.
How to tell if Coinshedge is a scam
There are many red flags that immediately point out that the Coinshedge platform is a scam.
These include:
- It’s a very simple, cookie-cutter design with very few internal pages.
- The lowest possible Domain Authority (DA) rank is 1.
- There is no regulatory or licensing information that you would expect from a legitimate platform.
- There are no social media channels or app store applications.
- There are spelling and grammatical errors throughout the content.
- There is no suggestion as to where the platform will be based or who will run it.
- There is no information on how returns will be achieved after investment.
- in several reports Cryptocurrency Advisor This site is a scam.
What should I do if I’ve been scammed by Coinshedge?
There are things you can do the moment you realize you’ve been scammed.
First, you need to record the details of every transaction you have made and pass that information on to the police and fraud authorities in your country.
There are also private companies that can help, as I wrote here.
If you suspect a site is fake, contact us.
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