Nutex is a scam crypto trading platform that is targeting people across a wide range of social media platforms, including those used specifically by the LGBTQ+ community.
Nutex claims to offer more than 9,000 trading products across a range of assets, including crypto, together with facilities such as leverage and margin trading.
However, the platform is nothing more than a cookie-cutter shell that doesn’t offer any trading functionality.
It’s purely designed to run in tandem with fake social media groups and personas that are luring victims in with the promise of high returns over a short space of time.
How to tell Nutex is a scam trading platform
There are many things that reveal the Nutex platform to be fake. They include:
- No functionality on the platform, not even a trading screen.
- Very little content, and what is there is often nonsense.
- No regulatory information or details about the company or team.
- No contact information or details about support.
- The purported mobile app on offer is fake and the link doesn’t lead anywhere.
- The platform has a Domain Authority (DA) rank of 1 which is the lowest possible.
- A very new domain name which is often a sign that a platform is a scam.
- Numerous reports online from people who’ve been scammed by Nutex.
- No information about how any profit is made or the investment strategy.
I’ve been scammed by Nutex, can I get my money back?
If you’ve fallen victim to this platform you should report it to the relevant authorities in your country and to your bank.
However, it’s very difficult to get money back from crypto scammers as they use a range of techniques to mask their identity.
There are also private companies that might be able to help which I’ve written about here.
Have you had any experience with this platform? Kindly share your thoughts in the comment section to help others stay informed and safe.