coinbuilderpro.com Scam Check: 10/100 Trust | ScamMinder

Exercise caution when interacting with this website.

https://coinbuilderpro.com redirected to https//www.coinbuilderpro.com during the time we crawled it. The website content and the promises it makes are classic red flags for a potential scam: Guaranteed High Returns: Promising high daily returns (10% to 35%) is a common tactic used by many investment scams. In the real financial world, such consistent high returns are extremely rare and often associated with very high risk. Lack of Risk Disclosure: While the website mentions that all capital is at risk, it doesn't provide a clear and detailed risk disclosure, which is a legal requirement for legitimate financial services. Vague Investment Strategy: The website doesn't provide clear information on how these high returns are generated. Legitimate investment platforms always provide detailed information about their investment strategies. Use of Cryptocurrency: Cryptocurrencies are often used as a lure in investment scams due to their volatile nature and the relative anonymity they can provide to scammers. Minimum Deposit Requirement: Requiring a minimum deposit of $200 is a common tactic to get people to commit funds. Legitimate investment platforms usually have more flexible deposit options. Limited Jurisdictional Information: The website mentions that certain offerings are not suitable for the UK retail audience, but it lacks comprehensive jurisdictional information, which is crucial for regulatory compliance. Lack of Regulatory Information: There's no clear information about the regulatory status of the platform. Legitimate financial services always operate under specific regulatory frameworks and provide this information transparently. Unrealistic Withdrawal Terms: Promising fast and guaranteed withdrawals with a maximum waiting time of 24 hours is unrealistic, especially in the world of cryptocurrencies. High Cancellation Fee: The 10% cancellation fee for withdrawing funds is unusual and can be a way to discourage users from withdrawing their funds. 24/7 Live Support: While this can be a legitimate feature, it's also commonly used by scammers to create a sense of trust and urgency. Lack of Clear Contact Information: The website should provide detailed contact information, including a physical address and clear ways to get in touch. This is often missing in scam websites. Use of Jargon and Complex Terms: Scammers often use complex financial terms and jargon to confuse potential victims and create an illusion of expertise. In summary, the website exhibits several classic signs of a potential investment scam. It's crucial to exercise extreme caution and conduct thorough research before considering any investment, especially in the volatile and less regulated world of cryptocurrencies."

• Guaranteed High Returns, Lack of Risk Disclosure, Vague Investment Strategy, Use of Cryptocurrency, Minimum Deposit Requirement, Limited Jurisdictional Information, Lack of Regulatory Information, Unrealistic Withdrawal Terms, High Cancellation Fee, 24/7 Live Support, Lack of Clear Contact Information, Use of Jargon and Complex Terms