Warning: Is Coinxbeast a Scam?

Investigation: Coinxbeast (coinxbeast.com)

Be careful of Coinxbeast (coinxbeast.com); it shows several signs of a scam.

Coinxbeast claims to be a trading provider, but it appears unregulated by any credible authority, like the ASIC or CySEC.

Victim of Coinxbeast?

If Coinxbeast refuses to return your funds, you need to act. Submit the inquiry below to speak with our recovery team for a no-obligation assessment.

Can You Trust Coinxbeast?

Our investigation confirms that Coinxbeast is missing a valid license.

Trading with unregulated firms is extremely risky. Trusted firms are always authorized with agencies like the FINRA or FCA for your protection.

Coinxbeast operates without this protection. This means there is no protection if they steal your funds. Most investment fraud involve unlicensed entities, and recovering funds from them is challenging without expert help.

For instance, in the UK, unlicensed firms are not covered by the Financial Ombudsman. In America, they are not part of regulatory bodies, meaning your capital is completely exposed.

How They Steal Money

Online trading fraud is evolving. Criminals use psychological tricks to take wealth. Below are typical tactics seen in sites similar to Coinxbeast (coinxbeast.com).

Dating App Scams

"Pig Butchering" is a cruel tactic where scammers groom victims over weeks. They fake a friendship online. Eventually, they introduce a secret crypto opportunity. It's a trap to lure you onto a scam site like Coinxbeast.

Rigged Platforms

Scammers create websites that look exactly like real trading apps. They have charts and balances that go up. But it is a fake. The broker controls the numbers to convince you so you invest more. If you ask for a payout, the "profits" are gone.

Other Warning Signs

• Unsolicited Contact: You get calls from "brokers" out of the blue.
• No License: The company has no legal registration.
• High Returns: They promise 1% daily returns with no risk.
• Withdrawal Issues: They refuse withdrawals. They demand "tax fees" before releasing funds.
• Aggressive Sales: Agents pressure you to invest bigger amounts.

Ignore fake reviews. Fraudulent brokers frequently post their own 5-star reviews to appear real.

Verdict

Coinxbeast is unsafe. It is likely a scam. Protect your money and use a regulated broker. Avoid coinxbeast.com at all costs.