Nellcoin.com is a cryptocurrency exchange platform that’s been getting a lot of attention recently. It promises quick transactions, low fees, and rewards through affiliate programs. But the big question is: Can you really trust it, or is it just another crypto scam?
About Nellcoin.com
The website claims you can buy and swap over 100 different cryptocurrencies and advertises itself as a fast and reliable investment. They attract users with words like “ instant transactions, Apple pay integration, strong data protection, and offer low trading fees and opportunities to earn rewards through affiliate marketing.
Red Flags of Nellcoin.com
Hidden Location
The company doesn’t clearly share where it’s located or if it’s legally registered. When a cryptocurrency exchange hides this kind of information, it’s tough to trust them.
Too good to be true deals
Nellcoin.com offers attractive deals like “high rewards through affiliate programs and using promo codes but these offers could trick people into investing without fully realizing the risks involved.
Absence From Social Media
A real cryptocurrency exchange should be active on social media, like Facebook, so users can share complaints and get updates. If they’re not, it’s harder to trust them.
Negative Reviews
Many users have complained online about issues with withdrawing their money and bad customer service, making it even harder to trust the platform.
What To Do If You Fell For The Nellcoin.com Scam
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: Folorax.com
Nora 
Samantha