Invest with Kriptomat – Trusted Cryptocurrency Exchange

Kriptomat is an authorized and regulated platform for digital currencies located in the EU. It enables users to buy, sell, store and use digital currencies safely and easily in their local language and with local support. Kriptomat’s operation is transparent and responsible to the user and Kriptomat goes to great lengths to ensure that the users’ funds remain safe.

However, users themselves remain solely responsible for ensuring access to their own accounts. If you are persuaded by a scammer to voluntarily transfer funds to an investment proposal that turns out to be a scam, Kriptomat cannot prevent you from transferring those funds or reverse that action after the fact.

It is essential to understand that cryptocurrencies are extremely safe to use, but their very nature is such that transactions are irreversible. This fact is attractive to scammers who often pose as investment advisers. Essentially, they can get away with your money if they can convince you to send cryptocurrencies to their private digital wallets.

Kriptomat is not an investment advisory service, nor is it associated with any investment adviser. Furthermore, Kriptomat does not offer coupons and does not allow you to redeem any coupons.

Kriptomat is committed to protecting Kriptomat’s clients from scammers, deceptive investment managers, and bogus brokers. Kriptomat does not tolerate fraudulent activities and maintain enhanced security measures to identify and prevent fraud.

Go to Kriptomat Official Website

Investment scams – how to spot and avoid them

Investment fraud is one of the most popular forms of financial crime. Scammers create attractive looking investment websites where they offer services related to professional trading services. People are generally offered to invest money in something that is supposed to guarantee a profit (also known as “get rich quick” schemes).

Schemes that involve cryptocurrencies often work as follows:

  1. A scammer pretends to be an “investment adviser” or a “professional broker” and offers to invest funds in some cryptocurrency for profit (up to 2500% or more in a matter of days).
  2. The scammer offers to guide you through the registration and verification process on a cryptocurrency exchange (eg Kriptomat due to its ease of use).
  3. Then you are asked to deposit money and buy some cryptocurrency.
  4. The scammer asks you to send the cryptocurrency to some address on the premises that they will make professional exchanges and return the funds once the profits have been made.
  5. In reality, the cryptocurrency simply ends up in the scammer’s private wallet. And since crypto transactions are irreversible, you cannot request a refund. Kriptomat cannot do anything for you in this case either.

These “investment advisers” generally disappear without a trace. Some of them mislead people into believing that their first investment has made a profit.

Invest in Crypto with Kriptomat

How to protect yourself from crypto scams

  1. Don’t fall for attractive offers.
    Attractive, professional-looking ads, Facebook posts, and websites don’t necessarily mean a legitimate investment tool.
  2. Check the information.
    Thoroughly research an investment firm or professional you are dealing with. Check credentials, licenses, their history. You can Google a business name, or even a phone number, to see if others have reported a person or organization as a scam. Definitely try to get referrals and recommendations from people you trust (and they shouldn’t be people from a Telegram community, whom you never met).
  3. Do not send cryptocurrencies to unknown wallet addresses.
    You will not be able to request a refund or chargeback.
  4. Never give your passwords to anyone.
    If someone asks you to share your Kriptomat registration email and password, it should be an immediate red flag that you are a scammer. Never allow anyone to access your user profile.
  5. Check the licenses.
    Any responsible company working in the cryptocurrency industry today should have verifiable licenses for their operations. If a company cannot provide this information, it should proceed with extreme caution. Kriptomat has a License for the provision of financial services – virtual currency services.
  6. Use common sense.
    Make an informed decision about who to trust and who not to trust. Kriptomat does not suggest relying on the promises of easy money, high returns, etc. Help Kriptomat improve the image of the cryptocurrency sphere, build trust and try to avoid scams and Ponzi schemes. Avoid working with services that should not be trusted.

Go to Kriptomat Official Website