Gammaron Review – Is gammaron.com a Crypto Scam?

Gammaron Review – Is gammaron.com a Crypto Scam?

Gammaron Key Features

🔴 Gammaron’s services are questionable – a warning sign!

🔴 Gammaron isn’t licensed – a red flag!

🔴 Gammaron isn’t transparent – a red flag!

🔴 Gammaron creates unrealistic expectations – a red flag!

Gammaron Products and Services

According to Gammaron’s website description, it’s the largest and most advanced cryptocurrency exchange, but that’s a big fat lie. In reality, it’s a very basic exchange, in which you can only buy and sell BTC and ETH, with the fees being totally unacceptable – as you can see from the screenshot above, each transaction is charged 8%, which is a midday robbery! In addition, Gammaron’s exchange rates may be highly unfavourable, as well – when doing the review, Coinbase was selling 1 BTC for less than $21000, while Gammaron’s rate was more than $22000! A thousand dollars difference is simply too much! Gammaron is too expensive, and we cannot recommend it to anyone!

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.

Gammaron Company and Regulation

Gammaron is allegedly a Lithuanian company – Global Xsolutions UAB, which also has a presence in Sofia, Bulgaria. There is not much proof that the company exists, but either way, the crypto exchange service is overly simple and, at the same time, unbearably expensive. At any rate, we would not recommend Gammaron even if it were licensed by all regulators in the world!

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.

Gammaron Address and Contacts

Address:Laisvės pr. 60, LT-05120 Vilnius, Lithuania; 99 G.s Rakovsky Street. Sofia, Bulgaria
Phone number:+359886042515
E-mail:[email protected]

Gammaron’s Lithuanian address is hardly verifiable, while the Bulgarian one is totally unverifiable – there is no proof that such an entity is present at Rakovsky street. However, we should also note that Bulgaria is one of the less transparent countries, so the entity may as well have operational offices there. But still, whatever the case, we would still strongly advise against buying and selling cryptos from Gammaron – the rates are destructive!

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.

Gammaron.com Website Info

SimilarWeb Ranking2,149,489at the time of writing
IP172.67.153.134
Server Country USA
WHOIS Reg. Date2022-01-04
RegistrarNAMECHEAP INC
SSL certificateValid
OwnerRedacted for Privacy
AdministratorRedacted for Privacy

Is Gammaron Safe?

Gammaron is not safe! It’s a simple and highly controversial crypto exchange imposing unbearable fees –  the sole reason which makes us recommend that customers should stay away from it!

Scam Warning

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.

5 Comments

  1. Buongiorno.
    Credo di essere caduto in una truffa.
    Ho eseguito un deposito per trading a favore di un broker che opera su una piattaforma che mi ha fatto scaricare da play storie.”4xf”
    Il deposito e di 200 euro.
    Effettivamente li posso visionare sull’app.
    Ma mi i son reso conto che non c’è modo di prelevare i fondi.
    Spero possiate aiutarmi.
    ———————-
    Good morning.
    I think I fell for a scam.
    I made a deposit for trading in favour of a broker who operates on a platform that made me download stories from play. “4xf”
    The deposit is 200 euros.
    I can actually view them on the app.
    But I realized that there was no way to withdraw the funds.
    I hope you can help me.

  2. Good afternoon,
    I deposit 4000$ on gammaron to trade with BULLDEN trading compagny.
    I whant to get off of trading(I loose 2000$ in 10 days because i have no experience with stock market) I whant a withdraw for the 2000$ remaining) I ask for my money since june 13th but they don’t answer me. I don’t know what to do

  3. Total scam. Social.media to blame allowing scams on their sites.

  4. Stessa cosa ,deposito 200 euro su sto sito di merda e quando chiedo di visionare il mio conto o poter riavere i miei soldi ,nessuno risponde più al telefono e nemmeno agli SMS
    ——————
    Same thing, I deposit 200 euros on this shit site and when I ask to view my account or be able to get my money back, no one answers the phone anymore or even SMS

  5. TOTAL SCAM I DEPOSIT 250 EUROS I NEVER BE ABLE TO CONTACT THEM EVER SINCE

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