Fri. Aug 30th, 2024

Is Nearest Edge Legit- Red Flags To Watch Out For

By maria Aug30,2024

Nearest Edge is a crypto trading app that promises smarter and faster trading. However, to get started, you’ll need to put about $250 into your account. The question remains “is nearest edge legit or a scam? Here’s what you need to know before signing up.

About Nearest Edge

Nearest Edge says it offers various trading tools, real-time news, and supports many cryptocurrencies with an easy-to-use website. However, when you enter your personal details on nearestedge.com to sign up, you’re redirected to another site, fxr.com which is a major red flag. There are no online reviews from users to confirm that the platform works as promised.

How Does Nearest Edge Work?

The Nearest Edge website gives little information about how it works. Since the platform doesn’t use automated trading, it probably doesn’t rely on AI technology like many other crypto trading sites.

Is Nearest Edge Legit; Red Flags

The website has many warning signs that make it look suspicious and raise doubts about whether it’s real or not.

Unclear Tools and Features

The Nearest Edge website says it helps users trade better by offering special tools and features. However, it doesn’t explain what these tools or features are or how they work.

Missing Ownership Information

The website doesn’t provide any details about who owns Nearest Edge or if it’s part of a larger company. This makes it hard to know who is behind the platform.

Redirects and Lack of Reviews

When you sign up, you get sent to another website, which is unusual. Also, even though the site says it’s trusted by many people, there are no independent reviews available to back up these claims.

Deceptive Sign up Process

When you sign up on Nearest Edge, your details are immediately sent to brokers that are not regulated, dealing in Forex and cryptocurrencies.

What To Do If You Are Scammed

Cancel your credit card

Immediately call your financial provider and cancel your credit card. By so doing, the credit card details you used for your transaction would become null and void.

Request for a new card

After the old credit card has been canceled, ask for a new card, it doesn’t cost much to get one. Your credit card issuer will issue you a new one with different numbers.

Report the Fraud To Relevant Authorities

Report the scam to relevant authorities and organizations. This includes:

  • Better Business Bureau (BBB): File a complaint with the BBB if the online store is based in the United States.
  • Internet Crime Complaint Center (IC3): If you are in the United States, you can file a complaint with the IC3 at https://www.ic3.gov/.
  • Your Local Consumer Protection Agency: Contact your local consumer protection agency or the equivalent regulatory body in your country.

Also read: Saxful.com

By maria

I'm Maria, a journalist. I fact-check and provide accurate information on trending topics. Prior to working on Infoquu, I worked as a Research Analyst for organizations.

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