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Coinexx Scam – How to Avoid the Coinexx Scam

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If you’re looking for a crypto or forex broker, you may have come across Coinexx. This unregulated website claims to offer a 100% welcome bonus to new traders. However, it’s essential to be wary of these claims. It’s essential to research the firm thoroughly before you invest. It’s also essential to check out the regulation status of the firm.

Coinexx is a forex and crypto broker.

Coinexx is a forex and crypto brokerage firm that claims to offer trading in cryptocurrencies, including Bitcoin and ETH. However, there are some concerns with this company. It is important to check its license before you invest. It is also essential to know that withdrawals are manually processed and are not automated. You may have to wait for a while before your money is released. Furthermore, it would be best if you were extremely cautious when you send money online, as many scams attempt to take advantage of this.

To sign up for an account with Coinexx, you must supply your first and last name, country of residence, phone number, and password. After that, you will need to verify your account via email. Once your account has been verified, you will get a profile with your login details. Some account types will require you to upload documents proving your identity. Despite its claims, you should not register with this company if you don’t want to lose your money.

It accepts cryptocurrencies as payment options.

Coinexx offers a wide range of cryptos as payment options. These include Bitcoin, Ethereum, Litecoin, and ETH. It also accepts True USD, Germini USD, USDC, Zcash, Monero, and BCC as base currencies. To open an account, clients must choose a base currency, transfer the amount to their Coinexx address, and then trade in various cryptocurrencies. If Clients who not wish to use cryptocurrency, tn choose to keep their account in fiat currency or use a demo account to practice trading.

Users can also use other currencies as payment methods. For example, Bitcoin is a popular choice for most customers, but several other popular cryptocurrencies can be used to fund their Coinexx accounts. The service also accepts Bitcoin Cash and Litecoin, along with Ethereum Classic. Users can also use the company’s service to trade commodities and indices.

It offers a 100% welcome bonus to new traders.

Coinexx offers a 100% welcome bonus for new traders who decide to open an account. This bonus acts as an additional margin in the trading account and can be used on all account types with a leverage of up to 200X. The promotion is open to first-time traders who deposit at least 100 USD into their accounts. To benefit from the 100% deposit bonus, a new trader must place a request for the bonus via their secure client area. The system will automatically close your positions when the bonus expires.

When choosing a Forex broker, you should ensure the company is legitimate. Always look for a broker that is regulated by the appropriate authority. This ensures the safety of your funds and helps avoid any possible losses. It’s also good to check if the broker company offers customer support. For example, Coinexx has a live chat, phone, and email support. The company’s support team is available around the clock.

It offers a free VPS service.

The Coinexx scam claims to offer free VPS services for its clients, but this is not always the case. The company requires clients to deposit at least $500 before granting them access to the virtual private server. However, if you cannot deposit that much, you can purchase the VPS for a monthly fee of $25. The company also appears unregulated, which could be a red flag for you.

Coinexx accepts deposits in various cryptocurrencies. However, clients must transfer the funds to the correct Coinexx account address. This is very important, as wrong transfers could permanently lose cryptos. The company also charges a fee for transferring funds via the blockchain. Withdrawals can take up to 48 hours, and it is essential to note that this fee is not included in the VPS service fee.

It uses end-to-end encryption of all user data.

Coinexx uses end-to-end encrypted servers to safeguard the privacy of its users. This means that unauthorized third parties cannot view user data. In addition, Coinexx has a 48-hour withdrawal policy and supports a wide range of digital assets. Users who have used Coinexx have reported that it works well and hahas a positive experience.

The security of a trading platform is critical when trading with cryptocurrencies. Unfortunately, there are many crypto platforms out there that are not secure and are open to hacking attacks. In some cases, these platforms may turn out to be scams. This could cost you your earnings.

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