Have you heard of Redcoin02.com? Do you want to know if it is scam or legit? Read this review to find out more about Redcoin02.
What is Redcoin02.com
Redcoin02 is an investment company that claims to offer its investors access to high-growth investment opportunities in Bitcoin markets and other services. It claims to use modern technologies to encrypt and secure user data. transactions are monitored with blockchain.
Redcoin02.com And How It Works
According to the website, It claims that it helps you grow and save your money. It also claims that it can manage digital assets using a combination of cold wallets & Multi-party computation (MPC) technology. They also claim to use the latest technologies to keep your funds safe, and stay ahead of vulnerabilities and exploitation attempts.
However this is a scam, it has fake people on their website posting amounts of money they have withdrawn. After investing when it is time to withdraw you are asked to pay for tax, then later they block the funds you have deposited, and they ask you to pay a strange fee to unlock the funds. After paying the tax, the funds continue to be blocked for other excuses that are made up, in essence you can not withdraw your money. . This screams FAKE.
The people behind these scams simply keep on launching new “systems” and “apps” under new names like , Usdtbinace, Usdttuut, etc in an attempt to escape the negative reviews so that they can continue tricking people into joining.
There is no doubt that that it is a scam as several people have left some negative reviews online calling it for what it is, A SCAM just like Usdtaonim
An aggrieved investor had this to say
Had the same situation, received a Twitter private message from a new user with a link.
Went to the site to report all the scam, entered a link in “promo code” section and *POUF* ! I got 11k dollars ! OMG ! So I decided to withdraw the 11k dollars, and they asked me to deposit first 0.02BTC or 0.3ETH to withdraw. They called that “Security verification”.
Noucho
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Conclusion
From the foregoing, it is clear that Redcoin02 is a scam just like Dotxbep which we reviewed earlier, Investors should be wary of such sites as their aims are to rip off unsuspecting investors.
