BVBcoins Scam Crypto Trading Platform

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BVBcoins is a scam crypto trading and investing platform that appears to offer a range of products but is actually a fake site designed to steal users’ cash.

The site claims to offer a crypto exchange together with options and perpetual swaps alongside other trading products, but none of this functionality actually exists.

The website is effectively a shell designed to mimic a genuine exchange and trick would-be investors into jumping on board.

Victims of the BVBcoins scam are often introduced to the platform by someone who’ve they’ve recently met online who’s introduced them to crypto trading.

Once a victim has deposited a large sum of crypto with the promise of quick and easy returns they’ll soon find their account blocked.

The scammers will then demand payment to release the funds, but any further cash or crypto sent will also be stolen.

How to spot the BVBcoins scam

Scams of this type can be difficult to spot because the design of the platform is very similar to a genuine crypto exchange.

However, there are still many things that give it away and reveal it to be a scam. They include:

• A very new domain name.
• No regulatory or licensing information on the platform.
• No information about the company or the team behind it.
• No official trading apps.
• A lack of any presence on social media.
• No online reviews, aside from scam warnings.
• Much of the content contains grammatical errors.
• Poor quality design and graphics.
• A Domain Authority (DA) of 1 – the lowest possible.

It’s clear that BVBcoins is 100% fraudulent and is a platform to avoid.

I’ve been scammed by BVBcoins – what can I do?

Unfortunately, it’s very difficult to track your funds or secure their return. However, it’s important to report what’s happened to the authorities in your country.

There are also private companies that might be able to help which I’ve written about here.

If you suspect a site is fake, get in touch.

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