Cryptoin24

Cryptoin24 Review – Legit Trading Platform or Scam?

Writer AC

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About Cryptoin24

Cryptoin24 has received a serious regulatory warning from Italy’s financial watchdog, the Commissione Nazionale per le Società e la Borsa (CONSOB), indicating that it is offering financial services illegally. This means users get no regulatory protection, making Cryptoin24 a high-risk platform that should be avoided.

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Key Points from the CONSOB Warning (as of Nov 12, 2025):

  • Blacklisted by CONSOB: Cryptoin24 was officially ordered to be blacklisted for illegally offering financial services in Italy.

  • Unregulated Operation: Although the company claims to be based in the UK, it is not registered with the UK’s Financial Conduct Authority (FCA).

  • No Consumer Protection: Users do not have access to protections like compensation schemes or official dispute resolution.

  • Website Issues: The website (cryptoin24.io) is currently not working, which is a common red flag.

Why Cryptoin24 Is Considered a Scam:

  • Multiple Fraud Reports: Victims report losing money, with complaints reaching lawyers and financial investigation sites.

  • False Profit Promises: Claims of “guaranteed” or “certain” returns are a classic scam tactic.

  • Fake Trading Platforms: Users see manipulated graphs that do not reflect real market activity.

  • Withdrawal Problems: When users request withdrawals, delays occur, followed by silence from so-called brokers.

  • Bogus Fees: Extra “taxes” or “commissions” are demanded to release funds that never arrive.

  • Poor Reputation: Trustpilot shows a 2.9 average rating, with most reviews being negative.

Cryptoin24-Reviews-Read-Customer-Service-Reviews-of-cryptoin24-io

What This Means for You:

  • Avoid Cryptoin24 completely.

  • High Scam Risk: Regulatory warnings and user reports strongly suggest fraudulent activity.

In summary, Cryptoin24 is unregulated, blacklisted by CONSOB, and widely reported as a scam, making it unsafe for any form of investment.

FAQs

1. Is Cryptoin24 safe to use?

No verified license or regulator listing means it is not safe for investors.

2. How can I verify if Cryptoin24 is regulated?

Search for the broker’s name on official regulator websites such as FCA, ASIC, or CySEC.

3. What should I do if Cryptoin24 doesn’t let me withdraw?

Stop depositing, document all communication, and contact a recovery service like Report Scam.

4. Can I get my money back?

In some cases, yes. Fund recovery through chargebacks or legal reporting may be possible.

5. How can I avoid trading scams?

Always check for regulation, read user reviews, and start with small test deposits before investing heavily.

Need Help Recovering Funds?

If you lost money to Cryptoin24 or a similar trading platform, Report Scam can help you take action.

We provide:

  • Step-by-step guidance to report fraud

  • Help collecting and organizing transaction evidence

  • Support in exploring chargebacks and recovery options

Contact us today for a free consultation and learn how to reclaim your funds.

Your path to justice begins here—our team is committed to supporting individuals affected by financial misconduct. Read about Chargebacks

To read more about Scam Brokers and their Reviews, Visit Scam Brokers Page to avoid Cryptocurrency trading scams, Forex trading scams, or other online scams.

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