The Crypto Adviser
The Crypto Adviser

Kprcoins Fake Crypto Trading Platform: Scammer Posed As Binance Employee

Adam Smith
Kprcoins crypto scam
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Kprcoins is a scam crypto trading and investing platform that’s used as part of a pig butchering scam linked to a WhatsApp group.

The scammers contacted a large number of people via WhatsApp and claimed to be from the legitimate crypto exchange Binance.

They said they were helping to pass on tips for contract trading and managed to persuade a number of people to invest.


The person who contacted The Crypto Adviser said:

“It seemed legit initially, trading bitcoin, ETH and then KPR, then they changed to only trading AVE coin which a few of us couldn’t find on the exchanges so they advised one to us.

“I gave it a try after a month of receiving tips, transferred some small funds to the exchange they said we could trade AVE on, did some trading, put more funds in and then took it all out again all over the space of a few days to test it was possible to withdraw. It seemed to work ok so carried on trading on it.

“Anyway, one night I get kicked out of the WhatsApp group that gives the trading tips and suddenly my trading account is frozen with all my funds in it.”

The individual has been unable to access their funds since.

Kprcoins Red Flags

Having looked at the Kprcoins platform it’s clear that it’s a scam and that you should avoid depositing any funds here.

What makes Kprcoins a scam:

  • Very amateurish design with pixelated graphics and grammatically incorrect text.
  • A new domain name and a low Domain Authority (DA) score suggest no inbound links.
  • Statements claiming that Kprcoins is one of the largest exchanges in the world.
  • Random approaches to people via social media.
  • No company or team information anywhere on the website.
  • No social media profiles or official mobile apps.
  • The trading process doesn’t seem particularly viable, particularly in the current market.
  • Very little content on the site and what’s there doesn’t relate to the supposed activities of the platform.
  • Very poor reviews online, with plenty stating that Kprcoins is a scam.
  • Low trust rating across multiple platform aggregators.

I’ve lost money to Kprcoins – can I track down the scammers?

Tracing the scammers is incredibly difficult and unfortunately it’s unlikely that you’ll get your cash back.

However, there are 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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Disclaimer: Nothing on this website constitutes financial advice. The information provided is for educational purposes only.

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