Venus Coin Trade Scam Crypto Investment And Mining Platform

Lost money to a crypto or trading scam? Read this first:

If your losses exceed £3,000 (in the UK) or $10,000 worldwide The Crypto Adviser can offer advice on recovering your funds. 

>> GET IN TOUCH

Venus Coin Trade is a scam platform that claims to offer a wide ranges of financial instruments, including crypto trading, Bitcoin mining, Forex trading and real estate opportunities.

However, the website is actually a front for fraudsters and none of these services are genuinely on offer.

Many victims of the Venus Coin Trade scam have been introduced to the platform after being approached by a stranger online, often through the WhatsApp app.

Once they’ve been convinced that the investment opportunities are genuine they’ve parted with often substantial sums of cash which, initially, seems to grow in value.

However, the problems begin when they try to withdraw their funds and are told that they need to pay an additional fee to do so.

If this money is paid, their investment will remain blocked and the scammers will demand further fees or ‘commissions’ in an attempt to extract more money from victims.

Spotting the Venus Coin Trade scam

Here are a few of the tell-tale signs that Venus Coin Trade is a fake investment platform:

• ‘Cookie-cutter’ website design that is very basic and has no real functionality.
• Unfeasibly high returns on offer with no explanation as to how they’re achieved.
• Generic content that’s often riddled with spelling mistakes and grammatical errors.
• No company information or details about the team members behind the platform.
• No social media channels or any links to Venus Coin Trade apps.
• Internal pages that are blank or are missing images.
• A very new domain name.
• A Domain Authority (DA) score of 1 meaning no sites are linking to Venus Coin Trade.
• A fake company address in the UK which does not relate to the platform.

If you’ve been caught up in the Venus Coin Trade crypto scam you should 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.

Related post: Crypto scam help and resources