Is Cointree a scam or legit broker? Read Cointree Review

Australians can purchase and sell cryptocurrencies on the less well-known website using CoinTree.

When you buy cryptocurrency on CoinTree, it is the one selling it to you directly, and when you sell cryptocurrency on CoinTree, you are selling it directly to CoinTree. CoinTree does not serve as a real platform where you trade cryptocurrencies with other customers. When you buy or sell cryptocurrencies on CoinTree, the prices are likely to be much worse than those on other sites, and there can be a big difference between the price to buy and the price to sell.

You should severely avoid Cointree because of how much it might cheat you when you purchase and sell cryptocurrencies there.

Cointree Review 1

Possible scam activities of Cointree

Forex trading scams, Binary OPtions trading scams, Cryptocurrency trading scams and other investment trading scams are harder to spot. But there are some signs.

Here are some of the very possible reasons why we have flagged this broker as a scam broker in this Cointree review.

  • The rules and regulations, Bonus and Withdrawal policies are not legitimate and they are made for defrauding traders.
  • The broker makes continuous calls to the traders and urges them to invest higher and higher amounts.
  • The broker may have made a number of false claims through its website.
  • The broker promises returns that are too good to be true.
  • The risk warnings may not be disclosed on their webpage or would be hidden.
  • The broker remains operational for some time and suddenly you are not able to contact the broker or the website seems down. The broker also changes the name and website URL without any notice to existing traders.
  • The broker may be located in the countries or small islands where there is no proper regulation and registering a company is very easy. Usually, these countries are havens for scam brokers.
  • This broker provides you good chances of making profits and when you decide to withdraw your money, they will state their illegitimate rules of withdrawals, and ultimately you are not able to make a withdrawal.

Negative Cointree Reviews and Complaints

Cointree has got many negative reviews and traders who traded with this broker have raised many complaints against it. ReportScam has investigated a lot about this broker and based on the negative reviews, complaints and other scam features, we have listed this broker in the list of scam brokers 2023.

Example of Negative Cointree Review

After Searching internet you will find many negative Cointree Reviews. Users have frustrations and feel cheated after trading with this broker. ReportScam does not recommend traders to trade with this broker and your funds may not be safe with this broker and Cointree reviews are negative. Instead we recommend looking for regulated and reputed brokers who can really help in growing your investments.

Scammed by Cointree? How to get your lost money back from Cointree?

The best solution recommended for getting your lost money back from Cointree is Report Scam Community

It is one of the few legit recovery assistance organizations which are actually concerned with a victim’s recovery from losses. They are a committed team of Recovery specialists who have already helped hundreds of scam victims in recovering their lost money. Report Scam provides free Consultation and anyone can register by filling a very short complaint form.

Cointree Review: Conclusion

To begin with, Cointree is a mysterious site that needs validity. It isn’t authorized to offer trading services as it does not hold any valid license and is targeting clients of different nations. So, we advise you to stay away from a such brokers as your money may be at high risk with them.

Also, to prevent yourself from scams like – Forex scams, Binary scams, Romance/Dating scams, Cryptocurrency scams, or any other scams, you should pick a broker or company regulated by some major regulators like FCA, FINMA, SEC, FMA, ASIC, etc. Check the reviews of brokers and also read the policies and terms and conditions. These small details will prevent you to become a victim of broker scams.

Get more Information about Scam Brokers VisitScam Brokers 2023 Page to avoid Cryptocurrency trading scams, Forex trading scams, or other online scams.

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Note: Report Scam Community has conducted many researches before flagging Cointree as a possible scam in this Cointree Review. Are you planning to trade with Cointree and invest your money? Report Scam suggests you to read this Cointree Review first.

You can Trust Report Scam Community! as we have experience!