Bcoin is scam crypto investment platform that has managed to convince people to part with their cash with no intention of returning it.
Victims have been contacted via social media by scammers working for Bcoin and offered huge returns on any investment they make through the platform.
But any profits that appeared to have been made are fake, with the scammers soon demanding further money to return victims’ funds.
Those people that have sent more cash have lost that as well and later faced further demands for more money, with the scammers giving a variety of reasons for this.
Bcoin – easy to spot scam app
As with many other similar sites, there are lots of tell-tale signs that Bcoin is a scam.
They include:
- Poor design and layout.
- No content or company information.
- Victims approached via social media.
- Various warnings online about it being a scam.
- Similar design to other crypto scam apps.
- None of the usual declarations used by legitimate financial institutions.
- All you can do on the site is create an account and log in.
Do not send any money to the scammers and block anyone who approaches you about signing up.
Can I get my money back from the Bcoin scam
It’s unlikely that you’ll secure a return of your funds, and the site will probably disappear quite quickly.
The scammers set up new sites all the time and simply let the old ones expire when the domain name runs out.
However, there are various things you can try which I’ve detailed in the links below.
Have you had any experience with this platform? Kindly share your thoughts in the comment section to help others stay informed and safe.