Xcryptie – review of a fraudulent cryptocurrency exchange and customer feedback
Cryptocurrency Exchange Xcryptie Review
With the growing popularity of virtual currencies, there has been noticeable interest from investors, leading to the emergence of numerous cryptocurrency projects, ICOs, and exchanges utilizing Blockchain technology. Some of them offer traders the opportunity to increase their capital. However, most of these projects are owned by scammers. Before investing in any cryptocurrency project, it is essential to thoroughly research the information. In this review, we will analyze the platform xcryptie.com and try to understand how much trust can be placed in it. To do this, we will examine information about Xcryptie, including user reviews.
Insights on Xcryptie
The first step in getting to know a cryptocurrency exchange is to examine the appearance of the xcryptie.com website. The site looks attractive but provides minimal information, mainly describing the benefits.
According to the information on the site, Xcryptie is a private company specializing in financial management since 2017. It is involved in cryptocurrency trading and ICO investments. The site also claims that Xcryptie is a subsidiary of PLATINUM GLOBAL TRADE.
The site presents certificates, describes the benefits of cooperation, has a news blog, and contact information. It also shows statistics on the number of deposits, withdrawals, and client earnings in BTC.
Fact-Checking Xcryptie
After inspecting the xcryptie.com website, the actual data may differ significantly. The cryptocurrency exchange, claiming to have been operating since 2017, has a website created in 2018. The company registration date also differs – November 1, 2013.
Another issue arises with the registration of PLATINUM GLOBAL TRADE. Based on the site’s information, the company was supposed to be registered in the UK, but the actual address is in Panama. The lack of a license, a small number of clients, and the age of the latest news further raise doubts about Xcryptie’s operations.
Account Features and Services
To increase capital, traders are offered to choose an account and deposit plan. The accounts have different conditions and profitability, which sounds too attractive, especially for BTC.
Deposit and Withdrawal of Funds
One of the downsides of Xcryptie is that only BTC, LTC, or ETH can be used to deposit funds, and the funds are transferred to private wallets. Withdrawals also require payment of a 2% commission.
Feedback and Fraud Schemes
Reviews about Xcryptie can vary. Some reflect the real situation, others are positive and possibly paid for. The greatest danger comes from reviews of fraudulent schemes. Figures associated with criminal activities are mentioned in negative comments.
Conclusion: Professional Assessment
Based on the analysis of Xcryptie, the security and reliability of this exchange are seriously doubted. After a more in-depth review of the certificates, information, and reviews, it becomes clear that this project could be a negative experience for investors. Therefore, it is recommended to refrain from cooperating with Xcryptie.
Author: Irene Sydorova
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