Is coinshedge.com a scam? Yes, coinshedge.com is a scam.
I’ve uncovered undeniable evidence that coinshedge.com, which claims to be a legitimate online platform for cryptocurrency trading, is, in fact, a well-orchestrated scam.
Let’s delve into the compelling pieces of proof that expose this site’s fraudulent operations.
Undeniable Evidence That Proves coinshedge.com is A scam
In the ever-evolving online trading landscape, staying informed and cautious is vital.
Let’s peel back the layers of coinshedge.com to reveal its true nature.Â
Replicated Site Design and Content
Coinshedge.com’s website bears a striking resemblance to several known scam sites.
This includes similar layouts and identical images and text, mirroring sites like:
- chonwei.com
- crbtanzania.com
- resxbit.com
- pezorex.com– dpo@pezorex.com
- haeterbit.com– dpo@haeterbit.com
- quaers.com- dpo@quaers.com
- webfintex.com– dpo@webfintex.com
- pacorex.com– dpo@pacorex.com
- pamotex.com- dpo@pamotex.com
- pamotex.comÂ
- toxper.com
- rzorex.com
- pegotex.com
- gatefinex.comÂ
Such replication is a red flag in the online world.
It suggests that coinshedge.com didn’t invest in creating a unique online presence, a common shortcut from fraudulent sites to quickly set up and start scamming.
Inconsistent Operational History
Coinshedge.com claims to have been in operation since June 2017.
However, verifying their domain age on whois.com contradicts this claim, showing that the site was registered on November 28, 2023.
The intentional use of inconsistent information on coinshedge.com is a deceptive tactic used to give the impression of a long-standing and reliable platform.
This strategy aims to lure users into a false sense of security and make them believe that the website has a reputable history, which is not true.
The Founder’s Dubious Background
Coinshedge.com was founded by Stefan Feldmann, who has been associated with various online crypto scams.
Here is the list of scam sites reportedly linked to this individual, as provided by scamwatcher.com.
- flarecoins.com
- tonxway.com
- heyderbit.com
- bitsfex.com
- ethernayze.com
- haonex.com
The fact that coinshedge.com has a person with a history of being associated with online scams involved in its operations is a major red flag in terms of the trustworthiness and reliability of the platform.
It raises serious concerns about the legitimacy and authenticity of the services offered by the website.
Ponzi Scheme
The referral program on coinshedge.com offers unusually high commissions, ranging from a low of 2.5% to an incredibly high 50%.
This kind of scheme is typical of Ponzi schemes, where the primary source of payout for earlier participants is the investment of newer ones.
Such models are unsustainable and often collapse, leaving many participants with significant losses.
The presence of this type of referral scheme on coinshedge.com is a clear indicator of its potential to be a scam.
The Final Verdict
So, is coinshedge.com a scam? The evidence is clear: coinshedge.com is a scam. From its mimicry of other fraudulent sites to the recent registration of its domain, and its association with a notorious scammer, every sign points to a fraud.
And the Ponzi-like referral scheme? It’s the final nail in the coffin. I urge everyone in the crypto community to steer clear of coinshedge.com.
Remember, in the digital world, vigilance is your best defense. Stay informed, stay skeptical, and above all, stay safe from such predatory schemes.
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