CoinExpro.cc presents itself as a leading cryptocurrency exchange, boasting a founding year of 2019, a top 5 ranking worldwide, and partnerships with the Miami Heat. However, upon closer inspection, several red flags raise serious concerns about the platform’s legitimacy.
In this article, we will do in-depth review of coinexpro.cc and find out whether it is legit or scam.
Is Coinexpro.cc Legit?
Based on the research and customer reviews, it is found that coinexpro.cc is likely to be a scam. Here are several redflags:
1. Fabricated “About Us” Page
The information given on the “About Us” page appears entirely fake. CoinExpro.cc claims a 2019 founding date, while a domain name search reveals a registration date of July 18, 2023, just over seven months ago.
Additionally, the Miami Heat partnership and the $900 million Series B funding mentioned are demonstrably false. The Miami Heat’s official cryptocurrency partner is actually Crypto.com, and their arena is named FTX Arena, not CoinExpro Arena.
There are no credible news sources reporting on a $900 million funding round for CoinExpro.cc.
2. Unprofessional Website Design
The website’s design is another cause for concern. Unprofessional elements include excessively large and poorly formatted images, misaligned text, and overall low image quality.
3. Missing Legal Pages
Reputable cryptocurrency exchanges typically have clearly displayed legal pages stating their terms of service, privacy policy, and other user agreements. The absence of such pages on CoinExpro.cc is a significant red flag.
4. Anonymous Ownership
There is no information available about the owners or operators of CoinExpro.cc. Legitimate businesses typically operate with transparency and disclose ownership information.
5. Recent Domain Registration
As mentioned earlier, the domain name for CoinExpro.cc was registered in July 2023. This recent registration, coupled with the fabricated information and unprofessional website, strongly suggests that the platform is a recent creation, potentially with malicious intent.
It is crucial to exercise caution when dealing with any cryptocurrency exchange. Always thoroughly research the platform before creating an account or depositing any funds.
Additionally, be wary of any exchange that makes unrealistic claims or promises guaranteed returns. If something seems too good to be true, it likely is.
Read: Discountopportunity Review: Is Discountopportunity.com Legit Or Scam?