Want to Trade with CryptoNiteTrade? Read This First!
CryptoNight may sound familiar. If you are involved in crypto mining, you may have heard of the CryptoNight algorithm. However, CryptoNite is something different. It is an unlicensed broker that has been flagged. It is important to check names carefully and to make sure you aren’t being fooled. Often unreliable brokers will adopt a name similar to a legitimate service. They may be trying to deceive people or at least to depend on positive associations to get customers.
Is CryptoNiteTrade a Scam or Legitimate?
Whether CryptoNite is trying to make people think about CryptoNight or whether the similarity of the names is coincidental, it is pretty clear that CryptoNite doesn’t have much to offer. CryptoNite is not regulated. There is no reason to trade with an unlicensed broker because there is no oversight. If something goes wrong, it is hard to track them down, whereas if you have a complaint with a licensed broker you can speak to the regulator.
We Found Problems with CryptoNiteTrade:
- No license
- Flagged by regulators
- No transparency
- Bad reviews
What You Should Do If You Have an Account with CryptoNiteTrade
If you currently hold an account with CryptoNiteTrade, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from FunCube, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!