EVAT Exchange, or EVAT Coin as it’s also known, is one of those odd scam sites that makes little effort to appear genuine.
The design of the site and mobile app are extremely primitive and don’t include any real content as such so you’re unable to learn much about the platform or what it does.
But it’s 100% a fake platform that is the shopfront for a common crypto scam involving the promise of big returns in a short space of time.
How to tell EVAT Exchange is a scam
Aside from the rudimentary design which I’ve mentioned above, there are many other things that give this site away.
They include:
- The domain name was registered very recently.
- There is no information about the company, where they’re based or how to contact them.
- There are no social media channels connected to the platform.
- Victims of the EVAT scam have been approached via social media and urged to invest.
- The profits that have been promised are unrealistically high.
- No legitimate crypto trading company would create and operate a site like this.
How does the EVAT Exchange scam work?
Someone who you’ve only recently met online will urge you to invest in a high yield crypto investment scheme and direct you to the EVAT app.
Once you’ve paid a deposit you’ll see your profits increase rapidly, but these aren’t real.
When you come to withdraw your funds, the scammers will demand a commission or similar payment to send you your cash, but this is all part of the scam and designed to extract more money from you.
Can I get my money back from the EVAT Exchange scam?
It’s highly unlikely that you’ll be able to trace the scammers or get your money back, but it’s still worth reporting the scam to the authorities.
There’s more information about the other steps you can take 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.