Should You Sign Up with Coinmax? 

Coinmax offers cryptocurrency services, including bitcoin wallets. It is one of the many types of crypto companies that offer trendy products, but end up behaving like scams. Coinmax is beyond suspicious, it has been flagged by the SEC. The fact that the SEC has selected this service to warn people about out of many other means that it must have received many complaints about Coinmax. 

Is There a Problem with Coinmax

Another problem with Coinmax is that it promises “passive earnings” which is not the right way to think of a crypto deal. People should not envision getting an “income” or “earnings” that they can rely on from trading. Also, like many other unreliable trading services, there are false guarantees. For example, Coinmax promises users that they can make 90% return in 15 to 25 days or 150% in 40 days. No one can guarantee returns on volatile assets such as crypto. 

Coinmax Has the Following Red Flags:

We see the following red flags with Coinmax:

  • Not regulated
  • False guarantees of returns
  • Lack of transparency
  •  No contact information
  • Bad reviews

What Should You Do If You Have an Account with Coinmax?

If you do hold an account with Coinmax, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to ChargeBax professionals right away. We will investigate the matter, track down the broker and your funds, and will help you prepare your claim

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