Coinutpool Review

Investors Alert ‎Coinutpool – Tetherpool.io – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements.

Introduction:

Online trading has become a popular way to make money in the digital age. However, not all trading platforms are trustworthy and reliable. Some of them are fraudulent schemes that aim to lure unsuspecting investors and steal their money. One of these platforms is ‎Coinutpool – Tetherpool.io, which promises to provide high profits on crypto trading with low risk and no fees. But is ‎Coinutpool – Tetherpool.io legit or a scam? In this blog post, we will examine the evidence and expose the truth behind this shady platform.

Products and Services:

‎Coinutpool – Tetherpool.io claims to be a leading online trading platform that specializes in crypto trading. It offers various products and services, such as:

– A user-friendly interface that allows anyone to trade crypto easily and securely.

– A wide range of crypto assets to choose from, including Bitcoin, Ethereum, Litecoin, Ripple, and more.

– A high leverage of up to 1:1000, which means that users can multiply their profits by borrowing money from the platform.

– A low minimum deposit of $250, which makes it accessible to anyone who wants to start trading.

– A fast withdrawal process that guarantees users can receive their money within 24 hours.

– A professional customer support team that is available 24/7 to assist users with any issues or queries.

However, these claims are not backed by any evidence or proof. There is no information about the company behind ‎Coinutpool – Tetherpool.io, such as its name, address, registration number, or license. There is also no information about the trading conditions, such as the spreads, commissions, fees, or risks involved. Moreover, there are no testimonials or reviews from real users who have used the platform and verified its performance.

Financial institution & regulatory license:

‎Coinutpool – Tetherpool.io is not a regulated or licensed financial institution. It does not have any authorization from any reputable regulatory body, such as the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, or the Australian Securities and Investments Commission (ASIC) in Australia. This means that ‎Coinutpool – Tetherpool.io is operating illegally and without any oversight or protection for its users. If something goes wrong, such as a technical glitch, a hacking attack, or a withdrawal request being denied, users have no recourse or legal action to take against the platform. They could lose all their money and personal data without any compensation or recovery.

Trader’s Reviews and Customer Service:

‎Coinutpool – Tetherpool.io does not have any positive reviews or feedback from real traders who have used its services. On the contrary, there are many complaints and warnings from online users who have fallen victim to its scam. Some of the common issues reported by these users are:

– The platform does not allow users to withdraw their money or profits. It either ignores their requests, delays them indefinitely, or asks for more deposits or fees before processing them.

– The platform manipulates the trading results and shows fake profits or losses. It also changes the terms and conditions without notice or consent.

– The platform harasses users with phone calls and emails from aggressive sales agents who pressure them to deposit more money or upgrade their accounts.

– The platform blocks or deletes users’ accounts if they try to complain or expose its scam.

The customer service team of ‎Coinutpool – Tetherpool.io is not professional or helpful at all. It does not respond to users’ queries or concerns in a timely or satisfactory manner. It also uses rude or abusive language and threatens users with legal action if they refuse to cooperate.

How do online trading scams operate:

Online trading scams are becoming more sophisticated and widespread in the digital era. They use various tactics and strategies to deceive and defraud unsuspecting investors who are looking for easy and quick ways to make money online. Some of the common methods used by these scams are:

– Creating fake websites that look legitimate and trustworthy. They use attractive design, logos, slogans, and testimonials to lure potential victims.

– Offering unrealistic and exaggerated returns on investment with minimal risk and effort. They claim that anyone can make huge profits by following their signals, strategies, or algorithms.

– Asking for personal and financial information from users, such as their name, email address, phone number, credit card details, bank account details, etc. They use this information to steal their identity and money.

– Using social media platforms, such as Facebook, Twitter, Instagram, YouTube, etc., to promote their services and products. They create fake profiles, groups, pages, videos, etc., that feature positive reviews and endorsements from celebrities, influencers, experts, etc.

– Sending spam emails or messages to potential victims that contain links or attachments that lead to their websites or software. They use catchy headlines, urgent calls to action, or fake news stories to entice users to click on them.

How to Safeguard Against Fraudulent Brokers:

Online trading can be a rewarding and profitable activity if done properly and safely. However, it also involves a lot of risks and challenges, especially when dealing with unregulated and fraudulent brokers. Therefore, users need to be careful and vigilant when choosing a trading platform and avoid falling for scams. Some of the tips and advice that users can follow to protect themselves are:

– Do thorough research and background checks on the trading platform before signing up or depositing any money. Check its reputation, history, reviews, ratings, etc., on various sources, such as online forums, blogs, websites, etc.

– Verify the regulatory status and license of the trading platform. Make sure it is authorized and regulated by a reputable and trustworthy regulatory body, such as the FCA, CySEC, ASIC, etc.

– Read and understand the terms and conditions, privacy policy, risk disclosure, etc., of the trading platform. Make sure they are clear, transparent, fair, and reasonable.

– Start with a small amount of money and test the platform’s performance, features, functionality, etc. Do not invest more than you can afford to lose or risk.

– Use secure and reliable payment methods, such as credit cards, debit cards, e-wallets, etc., that offer chargeback or refund options in case of disputes or frauds.

– Keep track of your trading activities and results. Monitor your account balance, transactions, history, etc., regularly and report any suspicious or unusual activity to the platform or the authorities.

– Be wary of unsolicited offers or requests from the platform or its agents. Do not fall for pressure tactics, false promises, or emotional appeals. Do not share your personal or financial information with anyone you do not know or trust.

Conclusion:

‎Coinutpool – Tetherpool.io is a scam that should be avoided at all costs. It is not a legitimate or reliable online trading platform. It is an illegal and unregulated scheme that aims to steal money and data from unsuspecting investors. It does not provide any real or valuable products or services. It does not have any positive reviews or feedback from real users. It does not have any customer support or protection. It uses various deceptive and manipulative methods to lure and trap victims. It does not allow users to withdraw their money or profits. It does not respect users’ rights or interests.

If you are looking for a safe and trustworthy online trading platform, you should look elsewhere. Many reputable and regulated platforms offer high-quality and professional services and products. They have proven track records, positive reputations, satisfied customers, and excellent support teams. They follow the rules and regulations of their respective jurisdictions and protect their users’ data and money.

Do not let ‎Coinutpool – Tetherpool.io fool you or take advantage of you. Stay away from it and report it to the relevant authorities if you encounter it.