Is A Scam? (Crypto Traders, Beware!)

Is a scam? Based on the evidence I’ve dug up, it’s a resounding yes. is masquerading as Australia’s largest crypto trading platform.

A claim that immediately raises eyebrows given the surge of scam crypto trading platforms recently.

But is it all just a facade? Let’s cut through the noise and see what’s really going on here.

5 Undeniable Reasons Why is a Scam

In this deep dive, I will uncover the various red flags that scream “scam” when it comes to 

From its eerily similar content to another scam platform to its dubious Ponzi referral structure.

There are several warning signs that traders must not ignore.

1. A Carbon Copy of Another Scam Platform

A screenshot of the home page of a scam website

You know something’s fishy when a website looks like a clone of another scam site you’ve just investigated. 

A screenshot of the home page of is a spitting image of, another scam crypto trading platform that I recently exposed.

It’s like they’re not even trying to hide it.

They’ve copied everything—layout, content, you name it—only swapping out the brand name.

This isn’t just lazy; it’s a screaming red flag.

If they can’t even bother to create original content, what does that say about their so-called trading platform?

2. Fresh Off the Boat Domain Registration

A screenshot of in

The domain was freshly minted on August 20, 2023, as revealed by a search.

That’s right, folks—this so-called “largest crypto trading platform in Australia” is barely a month old.

This recent registration is a hallmark of scam sites.

They set up shop, scam people, and then vanish into thin air before setting up a new snare.

Scam sites often have a short lifespan because they shut down once they have scammed enough people or once they are exposed as a scam.

Therefore, a recently registered domain is usually a significant red flag. 

3. Dead-End Email Address 

A screenshot of the privacy page of

The email address that is parading around,, is nothing but a façade. It’s a dead-end.

A screenshot of the result after I search the email address of in

According to, it doesn’t even have a mail server. In layman’s terms? It’s as invalid as a three-dollar bill.

Any legitimate business worth its salt will always have a valid point of contact. It’s Business 101. But not these guys.

This not only hoists a giant red flag about their legitimacy but also casts a sinister shadow over their intentions.

It’s a classic move from the scam playbook: provide fake contact information to create a veneer of legitimacy. 

4. Absence Of Company Information

A screenshot of the home page of is eerily silent about who is behind the operation.

There is no ‘About Us’ page, no information about the team, and not even a whisper is available about the company’s mission. It’s as if they don’t exist.

This is a classic move by scam sites. Legitimate businesses are usually proud to introduce their team and share their mission and vision. But not

This ghost company status is a massive red flag and a common characteristic of scam sites.

It leaves us in the dark about who is behind the platform and what their intentions are.

5. Ponzi referral structure

A screenshot of the FAQ page of

Digging a bit deeper into the rabbit hole, I stumbled upon another alarming discovery. is running a Ponzi referral structure. Yes, you heard it right.

They are dangling a 40% commission carrot on the fees paid by individuals referred by someone.

Now, let’s get real. This kind of referral structure is as unsustainable as a chocolate teapot.

It’s a textbook characteristic of Ponzi schemes.

These schemes are like a house of cards, relying on new investments to pay returns to the earlier investors.

And just like a house of cards, it all comes tumbling down when there aren’t enough new investments to pay the returns.

The fact that is offering such a ludicrously high commission on referrals screams that it is a Ponzi scheme in disguise.

So, there you have it. The red flags associated with are as glaring as a neon sign in a dark alley.

From carbon copy content from another scam platform, a domain registration that is fresh off the boat, an email address that leads to nowhere, a company that is as elusive as a ghost, and a referral structure that is a Ponzi scheme in disguise.

It doesn’t take a detective to conclude that is not a legitimate crypto trading platform.

Hence, I cannot, in good conscience, recommend trading crypto using

It’s always crucial to stay vigilant, do your research, and trust your gut. If it smells fishy, it probably is.

Stay safe out there and always do your due diligence before investing in any online platform.

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Disclaimer: The information provided in this article is based on our research and analysis. However, we are not liable for any inaccuracies or errors, and readers are encouraged to conduct their own investigations. If you have concerns about the legitimacy of a website, feel free to reach out to us via our contact form to initiate a discussion.

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