Warning Investors – This is a suspected imposter entity. It may be impersonating or falsely claiming to be working with:

– a registered Australian business;

– Australian financial services licensee;

– Australian credit licensee; and/or

– the authorised representatives or employees of the business or licensee.

Introduction To is a website that claims to be a leading platform for trading cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and more. The website promises high returns, low fees, and secure transactions. However, according to the Australian Securities and Investments Commission (ASIC), is a suspected imposter entity that is not licensed or regulated by any authority. ASIC warns that is likely to be a scam that aims to deceive investors and steal their money.

Regulation and Compliance Of is not regulated or compliant with any laws or standards in Australia or any other jurisdiction. The website does not provide any information about its legal status, registration, address, or contact details. The website also does not disclose any risks or terms and conditions associated with its services. This means that investors who deal with have no protection or recourse in case of any disputes, losses, or fraud.

Customer Support Offered By does not offer any reliable or professional customer support to its clients. The website only provides an email address and a phone number, but these are likely to be fake or unresponsive. Many investors have reported that they were unable to withdraw their funds or contact the website after making deposits. Some investors have also received unsolicited calls or emails from or its affiliates, pressuring them to invest more money or revealing their personal or financial information.

Customer Reviews Of has received many negative reviews and complaints from its customers on various online platforms. Most of the reviews warn other investors to stay away from this scam and share their experiences of losing money or being scammed by Some of the reviews also accuse of using fake testimonials, reviews, and endorsements on its website or social media accounts to lure unsuspecting investors.

Measures To Avoid Fraud Brokerages Like

ASIC advises investors to be cautious and vigilant when dealing with online platforms that offer cryptocurrency trading services. Some of the measures that investors can take to avoid fraud brokerages like are:

– Check the ASIC website or the Professional Registers to verify if the platform is licensed or authorized by ASIC or any other reputable regulator.

– Do your own research and due diligence before investing in any platform or product. Look for credible and independent sources of information, such as reviews, ratings, testimonials, and feedback from other customers or experts.

– Be wary of platforms that promise unrealistic returns, low fees, or no risks. Remember that cryptocurrency trading is a highly volatile and speculative activity that involves significant risks and uncertainties.

– Never share your personal or financial information with anyone you do not know or trust. Do not click on any links or attachments in unsolicited emails or messages from unknown sources.

– If you suspect that you have been scammed or defrauded by a platform like, report it to ASIC or the police as soon as possible.

Conclusion: is a suspected imposter entity that is not licensed or regulated by ASIC or any other authority. The website is likely to be a scam that aims to deceive investors and steal their money. ASIC warns investors to avoid this fraudulent brokerage and protect their funds. Investors should also follow the measures mentioned above to avoid fraud brokerages like and ensure safe and secure cryptocurrency trading.

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