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

Website: walletbaz.com

Screenshot of walletbaz.com

Safety Score

10/100
✗ Scam Risk

Exercise caution when interacting with this website.

AI Analysis Results

Category: Financial
About this website:

The website Walletbaz.com appears to be an online store specializing in hardware wallets for cryptocurrencies. The site claims to be the official representative of various hardware wallet brands in Iran, including Safepal, Ellipal, Ledger, and CoolWallet. It also mentions being a subsidiary of Smart Phoenix Trading in the UAE and Iran. The site offers a range of hardware wallets for sale, along with leather cases and other accessories. It also provides contact information for customer support and claims to have been in operation for five years. However, several aspects of the website raise potential concerns: 1. **Limited Information:** The website lacks detailed information about the company, such as its physical address, founding date, and background. This lack of transparency can be a red flag, as legitimate businesses typically provide such information to build trust with customers. 2. **Unverifiable Claims:** While the site asserts that it is the official representative of several hardware wallet brands, these claims are difficult to verify independently. It's important to be cautious when a website makes such assertions without providing concrete evidence or links to official partner pages. 3. **Pricing and Promotions:** The website prominently displays discounted prices for various hardware wallets, which can be a common tactic used by fraudulent or untrustworthy online stores to attract customers. It's important to verify the authenticity of these discounts and compare prices with other reputable retailers. 4. **SSL Certificate:** The site uses an SSL certificate from Let's Encrypt, which is a positive sign for security. However, it's important to note that having an SSL certificate does not guarantee the legitimacy of a website or its business practices. 5. **Domain Age:** The domain has been registered for over four years, which can be seen as a positive indicator. However, the age of a domain alone is not sufficient to determine the trustworthiness of a website. 6. **Online Reviews and Reputation:** Searching for reviews and feedback from other customers who have purchased from Walletbaz.com can provide valuable insights into the site's reputation and the quality of its products and services. 7. **Contact Information:** The website provides phone numbers and an address in Tehran, which can be used to verify the company's physical presence and legitimacy. 8. **Payment Methods:** It's important to review the available payment methods and ensure that they are secure and offer buyer protection. 9. **Return and Refund Policy:** Check if the website has a clear and reasonable return and refund policy, as this can be an important factor in case of any issues with the purchased products. 10. **Comparison Shopping:** Consider comparing the prices and offerings of hardware wallets on Walletbaz.com with other reputable online stores to ensure that you are getting a fair deal. In conclusion, while Walletbaz.com may be a legitimate online store, it's important to approach it with caution and conduct thorough research before making any purchases. Due diligence in verifying the site's claims, checking for customer reviews, and ensuring secure payment methods can help mitigate potential risks."

Risk Assessment: scam
📊 Analysis Reasons:
  • Limited Information, Unverifiable Claims, Pricing and Promotions, SSL Certificate, Domain Age, Online Reviews and Reputation, Contact Information, Payment Methods, Return and Refund Policy, Comparison Shopping