Have you heard of Traxebit Trading? Did you receive a message on discord saying you won a giveaway? Do you want to know if it is scam or legit? Read this review to find out more about it.
What is Traxebit
Traxebit located at Traxebit.com is a scam investment website that claims to trade Crypto and Forex trading. It was created for people interested in crypto markets but had little knowledge about trading or how cryptocurrency works.
According to the website, Our advanced proprietary multi-market order technology enhances liquidity, tightening spreads and reducing slippage.
They also claim to have unlimited access to Global markets.
Traxebit claims to manage digital assets using a combination of cold wallets & Multi-party computation (MPC) technology and use the latest technologies to keep your funds safe, and stay ahead of vulnerabilities and exploitation attempts.
However this Traxebit is a scam, after investing when it is time to withdraw you are asked to pay for tax, 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 Dotxbep, Dotxswap 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.
I saw a message on Discord, with a link on this site and a message that I won a raffle. I got 2nd place, and I won 0.865 btc. This is too good to be true! “You have been randomly selected among usеrs of Discord Channels
in the Giveaway! TraxeBit – Professional digital asset trading platform. We and our partners decided to make a big giveaway to hеlp pеoрlе in this diffiсult timе. We give cryptocurrency from 0.01 to 0.999 BTC to random users.”So I went ahead to register, punched in the referral code, and I got the mentioned btc amount in my balance. So I went ahead to withdraw to my binance wallet, and to quash my excitement, its status indicated failed. There was no progress of confirmations, etc. And when I tapped on the failed status, it says to confirm external wallet address, I should make deposit from that wallet address a minimum of 0.015 btc. And I concluded, I knew it! It’s too good to be true!
beren
Conclusion
From the foregoing, it is clear that Traxebit Trading 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.