Beware! Dollar-crypto.com is an offshore broker! Your investment may be at risk.
Dollar-crypto.com Key Features
🔴 Dollar-crypto.com services are questionable – a warning sign!
🔴 Dollar-crypto.com was reported as a scam – a red flag!
🔴 Dollar-crypto.com is not transparent – a red flag!
🔴 Dollar-crypto.com creates unreasonable expectations – a red flag!
Dollar-crypto.com Products and Services
Dollar-crypto.com is a crypto exchange we have already reviewed! We claim so because we've detected other identical websites only with the domain name, the logo and some minor details changed over. Below, you can see the selfsame entities we already did unearth – and we suspect there are many more to appear:
But anyway, as for Dollar-crypto.com in particular, it's an anonymous and highly unpopular exchange that's nowhere to be found. Indeed, there is absolutely no trustworthy information provided by third parties about it, so the lack of transparency is noticeable. The problem with exchanges like Dollar-crypto.com is that you may receive no cryptos for your money – you'll seemingly buy but eventually possess nothing at all! Beware!
Cryptos went to become extremely popular, and they come with tremendous profit potential, but the assets are pretty complex and a bit enigmatic for the vast majority of people. Bitcoin is still surging, and the entire crypto market is growing exponentially, but all investments carry significant risks, such as high unpredictable volatility and absence of regulation, for example. And we'd also like to emphasize the fraud risk- crypto scams are virtually everywhere. In fact, the latest trend among scammers is to create fraudulent websites offering fictitious crypto investments and mining services aimed to entice unsuspicious investors into scam settings. The fraudulent offers usually stick to the rule “sounds too good to be true”, the entity offering the services is totally anonymous, and there is no regulation whatsoever. So, based on the products and services offered alone, we can affirm that the entity under review is dangerous. You'd better avoid it.
That said, it's worth considering trendy cryptocurrency alternatives that have already proven to be reliable. For example, many cryptocurrency exchanges like Coinbase and Bitstamp already provide passive income opportunities like BTC and ETH staking, other earning opportunities, affiliate programs, so on and so forth. Both mentioned are law-abiding financial firms that operate transparently, so you won't be exposed to fraud risks if you trust them.
Dollar-crypto.com Company and Regulation
Dollar-crypto.com is allegedly yet another exchange of Mek Global Limited, but we can't validate this information. For one thing, Mek Global Limited was an offshore company and a parent company of Kucoin – a leading crypto exchange. However, the entity was granted numerous warnings by regulators, so Kucoin no longer seems to be involved with it. In any case, though, Mek Global Limited is registered offshore, meaning that it's inaccessible, so we can't validate that it actually created Dollar-crypto.com! The latter may as well be a clone (which is currently hard to validate), but we confirm that the exchange service is unregulated and risky!
So, the crypto service under review isn't a typical firm, and as such, it's not regulated. The absence of regulation implies that your investments will be at risk if you deposit. Moreover, you won't have access to complaint procedures or money protection schemes, so if things go wrong, you'll be the one to suffer the complete loss. Even more so, the digital coin transactions are anonymous, so if you get scammed by a shady crypto provider, you can't get your money back.
Indeed, cryptocurrency regulation has been a hot topic for a long time. The digital coins themselves are not issued or governed by central banks, but too many countries already have plans to introduce centralized cryptocurrencies. Still, Bitcoin is a peer-to-peer payment system that's considered too risky for many. However, many crypto firms are now operating with financial licenses; they are transparent, and their clients can benefit from certain customer protection measures if things go wrong. And that doesn't apply to the entity under review, which is an anonymous and most probably totally illegal enterprise that can switch off its servers, pocket clients' money and get away with the crime.
Dollar-crypto.com Address and Contacts
Dollar-crypto.com shares no contact information, which is a red flag nonetheless. In fact, many crypto exchanges miss providing such details, but you can always contact them via their customer support centres. Well, this doesn't apply to Dollar-crypto.com – you can't reach them in any possible way, so the lack of transparency is startling – that's a red flag!
Considering investment opportunities, transparency is always crucial. As for cryptos, you already know that Bitcoin is a peer-to-peer payment system, which is designed to protect the privacy and to provide security. However, that doesn't mean that the crypto providers should also be anonymous. After all, these people will handle your money, so you should at least know who they are and where they operate from. In fact, we need to note that some trustworthy exchanges don't reveal such information on their websites, but it's still easy to verify that businesses are legal, law-abiding companies; therefore, it's always a worrying sign if the crypto provider isn't transparent.
Dollar-crypto.com Website Info
|SimilarWeb Ranking||None at the time of writing|
|WHOIS Reg. Date||2022-03-22|
|Registrar||PDR Ltd. d/b/a PublicDomainRegistry.com|
|Owner||Redacted for Privacy|
|Administrator||Redacted for Privacy|
Is Dollar-crypto.com Safe?
Dollar-crypto.com is not safe! It's a fishy crypto exchange offering unregulated service, meaning that your money will be at risk if you trust it! You'd better stay away!
Scammers are always riding the trends, so it's not at the least surprising that cryptocurrency fraud is now blooming. Even more so, the high-tech nature of Bitcoin actually facilitates scams as most people don't really know how crypto works, so scammers take advantage of the lack of understanding. Indeed, the crypto scam has been here for a while, and it proved to be extremely dangerous- just recall OneCoin, which happened to be a multi-billion Ponzi scheme disguised as a revolutionary digital currency. However, scammers rarely go out of their comfort zone, so most crypto scams happen to be very similar to the typical investment fraud.
The fraudulent crypto schemes are also anonymous and illegal, while scammers introduce themselves with fake identities. There are also too many impersonators resembling the websites of valid start-up companies from where customers get redirected to other insecure fishy payment portals that may as well carry additional security risks. The cons yet again promise the moon and the stars to their victims but won't deliver a thing in the end. However, the difference between crypto and the rest of the investment scams is that people are more likely to believe that they can become rich overnight as Bitcoin has already proved to have massive profit potential. In any case, you should be very cautious when it comes to crypto, as the markets are plagued by scammers ready to take advantage of you.