Cryptocurrencies may be exciting, but look before you leap when it comes to crypto trading. The brokers and crypto trading services on the list have been flagged as suspicious. After receiving alerts about them, Chargebax professionals examined each one and have verified that they are indeed suspicious and that consumers should avoid them.
Our team makes it our business to stay up to date with online scams, particularly crypto scams. In just a few years, bitcoin, ethereum, dogecoin, and other digital assets have exploded onto the scene. Not a day passes that there isn’t a new headline about new crypto opportunities as well as crypto frauds that steal millions from customers.
Chargebax is here to protect you. We have fully investigated these brokers and crypto trading services after receiving alerts and have found recurring issues. If you see a broker below, they are on the list because one or several of the following reasons:
- Not licensed or Offshore license
- False guarantees to clients
- Negative reputation
- Non-Compliance
- Official warnings
We do not simply add a broker to this list because of a few negative customer reviews. Although customer reviews are a tool for investigation, not all of them are authentic. Given our extensive experience tracking down funds on the blockchain on behalf of our clients, we are familiar with patterns crypto frauds use and have developed proprietary methods for spotting problem brokers.
We recommend that you avoid all of the brokers and financial services on this list. They are likely all crypto scams and it is not worth taking the chance. If you want to find out more details about a specific broker, click on the name of the broker and read the review for details.
If you have an account with any of these brokers, we recommend that you close it immediately and request a withdrawal of all of your funds. If you do not receive a withdrawal from them, contact Chargebax experts right away. We can help you track down your funds on the blockchain.
Broker List 2022
Report a Scam and File a Chargeback Bitethmine
Should You Trade with Bitethmine? Bitethmine not only has an odd-sounding name. Its web content is convoluted and not well-written. For instance, it guarantees “lossless mining”
Report a Scam and File a Chargeback Lirobit
Should You Trade with Lirobit? Lirobit isn’t a licensed broker, but in fact it has no license. It also has no contact information, but plenty
Report a Scam and File a Chargeback Hyperion Trust LLC
Should You Trade with Hyperion Trust LLC? Hyperion Trust LLC has an attractive website that makes it look like a reliable broker. However, the Swiss
Report a Scam and File a Chargeback SNOK Group
Should You Trade with SNOK Group? SNOK Group tries to persuade prospective clients that it is reliable. However, not only is not licensed but has
Report a Scam and File a Chargeback BitOptionTrade
Should You Trade with BitOptionTrade? BitOptionTrade is an unregulated broker that doesn’t provide any information about licensing. Even worse, it has been flagged as a
Report a Scam and File a Chargeback Midea Investment
Should You Trade with Midea Investment? Midea Investment doesn’t have proof of a license. However, that doesn’t stop this broker from claiming that it is
