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

Exercise caution when interacting with this website.

The website excoinwallet.com appears to be a scam. Here are the reasons: 1. **Domain Age**: The domain is only 1 month and 16 days old. This is a very short period for a legitimate financial service, especially in the cryptocurrency space, where trust and security are paramount. 2. **Content**: The website content is very basic and lacks detailed information about the company, its team, or its security measures. Legitimate cryptocurrency wallets usually provide extensive information to build trust. 3. **High Withdrawal Requirement**: The message "⚠ you need 89 trx to withdraw usdt!" is suspicious. Requiring a specific amount of a different cryptocurrency (TRX) to withdraw USDT is not a standard practice and could be a tactic to get users to deposit more funds. 4. **No Memo Required**: The claim that "no memo is required to make a deposit" is unusual. In many legitimate cryptocurrency transactions, especially with exchanges, a memo or tag is used to ensure the deposit is correctly credited. 5. **Generic Name**: The name "excoinwallet" is quite generic and doesn't seem to be associated with any well-known or established cryptocurrency wallet service. 6. **SSL Certificate**: While the website has an SSL certificate, it's from Let's Encrypt, which is a free and automated certificate authority. While Let's Encrypt certificates can be used by legitimate websites, they are also commonly used by malicious sites due to their ease of acquisition. 7. **Server Location**: The website is hosted on a server in Germany. While this doesn't necessarily indicate a scam, it's worth noting as many fraudulent websites choose hosting locations outside of jurisdictions with strong legal protections. 8. **Lack of Reviews or Reputation**: Searching for reviews or mentions of "excoinwallet" doesn't yield much information. Legitimate cryptocurrency services often have a presence and reputation in the community. 9. **Decentralized Wallet Claim**: The statement "this is a decentralized wallet" is vague and doesn't provide clear information about how the wallet operates or how it ensures security. 10. **High-Risk Indicators from Analyzing Domain and Archive Age**: The analysis of the domain age and archive age suggests that the website is suspicious. The snapshot span significantly exceeds the domain age, and the domain is extremely new with disproportionate coverage. Based on these reasons, it's advisable to exercise extreme caution and conduct thorough research before engaging with excoinwallet.com. It's recommended to use well-established and reputable cryptocurrency wallet services with a proven track record of security and reliability."

• Domain Age, Content, High Withdrawal Requirement, No Memo Required, Generic Name, SSL Certificate, Server Location, Lack of Reviews or Reputation, Decentralized Wallet Claim, High-Risk Indicators from Analyzing Domain and Archive Age