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Cryptocoincentre.com is a website purporting to provide a platform for trading Cryptocurrencies.
This Crypto Coin Center review will help you establish whether or not this is a scam.
The first thing to note is that CryptoCoin Center is demanding a minimum deposit of $500.
There are 4 different account types which vary based on the number of trades allowed per day.
Other features advertised on their trading account types include demo trading and round the clock support.
Deposits can only be done in Bitcoin, Ethereum and Litecoin.
Cryptocoincentre.com claims that they are a Crypto organization which is why they accept deposits in Crypto only.
Note: You can take advantage of these brokerages to trade profitably.
Or you can also use these trading products or services if you’re interested in investing.
Is Cryptocoincentre.com legit?
This Crypto broker cannot be legitimate by any means.
The first thing we see is that they are operating from the UK.
Brokers that offer financial services who are based in the UK need to have authorization from the FCA.
This Crypto broker does not have a license. So it is not secure to trade or deposit money into their platform.
Secondly, CryptoCoin Center is registered and hosted anonymously which raises the question of why they are hiding if they claim to be legit.
We do not trust websites that purport to offer financial services yet their owners or companies behind them are anonymous.
We’ve also made another scary observation regarding CryptoCoin Center.
We discovered that the domain Cryptocoincentre.com was registered in March 2014.
Throughout the years, it’s been repurposed to host various scams.
This is the latest scam that this domain is hosting. It is definitely a fake exchange because Crypto brokers based in the UK don’t typically price their offering in USD.
There is a possibility that these guys don’t operate from the UK.
Crypto Coin Center is a scam. The minimum they can steal from you is $500.
Do not give them any money because clearly the anonymous website admin will take it and you will never hear from them again.
Thanks for reading our review.