Dex is a crypto trading platform that claims to offer a variety of features and services, including a user-friendly trading platform, tight spreads, and high leverage. However, there are a number of red flags that suggest that Dex is a scam broker.
Company Overview
Dex-fun.top is a crypto trading platform that does not disclose any information about its staff on its website. This is a red flag, as legitimate brokers should be transparent about who they are and who is managing their client’s money.
Does Dex Have Any License?
No, Dex does not have any licenses or registrations from any reputable financial authorities. To show their license, they managed to publish a certificate from FINCEN, but upon investigation, it appears to be fakeIs Dex Regulated By Any Authority?
No, Dex is not regulated by any authority. When you will try to enter their website, you will require your Ethereum wallet to be connected. But, why should one connect his wallet without knowing the platform?Dex Pros and Cons
Pros:
- User-friendly trading platform
- Tight spreads
- High leverage
Cons:
- Unregulated
- No customer reviews
- No complaints were filed against the company
How Does Dex Reach To Their Prey?
Dex uses a variety of methods to reach out to potential victims, including:- Online advertising
- Social media
- Cold calling
Technical Details of Dex
Minimum Deposit:
The minimum deposit requirement for Dex is $150. This is relatively low, which may make it seem like a more accessible option for investors. However, it is important to remember that low minimum deposits are often used by scam brokers to attract victims.Trading Platform:
Dex’s trading platform is not very user-friendly. It is slow and clunky, and it does not offer a lot of features. This can make it difficult for traders to make informed trading decisions.Spread:
The spreads on Dex are relatively high. This means that traders will have to pay more when they buy or sell cryptocurrencies.Leverage:
Dex offers high leverage, which can magnify profits and losses. This can be a risky proposition for inexperienced traders.Packages and Products They Offer
Dex offers a variety of packages and products. The pricing for these packages is not publicly available, which is another red flag. Scam brokers often hide their pricing in order to make it more difficult for investors to compare their offerings to other brokers.Withdrawal and Deposit Method
Dex offers a variety of withdrawal and deposit methods, including:- Credit cards
- Bank transfers
- Cryptocurrencies
What Do Their Previous Traders Say?
There are no customer reviews of Dex online. This is a major red flag, as it means that there is no way to verify the company’s claims or get feedback from previous customers.Summing Up- Why Should Not You Trust Dex?
There are a number of reasons why you should not trust Dex. The company is unregulated, has no customer reviews, and offers high-risk products and services. If you are considering trading with Dex, I urge you to reconsider. There are many legitimate crypto trading platforms available, and you should avoid putting your money at risk with a scam broker like Dex.If Bad Things Happen, Where Can You Get The Quick Solution?
If you have lost money to a scam broker like Dex, you are not alone. There are a number of organizations that can help you get your money back. The most important thing to do is to report the scam to the authorities.If you want a quick solution, you should contact us. We will evaluate your case and will provide you with a free consultation to assess the recovery options for your lost fund.File A Complaint Against Scam Broker's
Final Thought
If you are looking for a trusted investment, our experts and educational material can help you. Reconsider your decision if you are thinking about investing with this scam broker.
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