Api-trade.info is a fraudulent trading platform that misleads users with promises of high returns on investments. Despite its professional appearance, the platform has been involved in numerous scams, leading to significant financial losses for its users. One user reported losing around $600 after falling victim to the platform’s deceitful practices.

Specific Complaints

Users of api-trade.info have reported substantial financial losses due to the platform’s false investment opportunities. The platform lures victims with promises of high returns, but once funds are deposited. Users quickly realize they have been scammed. One user, for example, lost $600, believing they were participating in legitimate trading activities, only to discover that no real trading was taking place.

Receiving Address Analysis

The Bitcoin address associated with api-trade.info, 3FakB8j4LVPGoJiYZsYCaNZ2SQZTbdusDJ, has been flagged for its involvement in fraudulent transactions. Funds sent to this address are moved quickly, making it nearly impossible for victims to trace or recover their money. This behavior is typical of scam operations designed to obscure their financial trail and evade detection.

Red Flags on Api-trade.info

1. False Claims of Security and Partnerships: Api-trade.info falsely claims affiliations with well-known companies and security services such as McAfee, Sitelock, and CodeGuard. These endorsements are entirely fabricated, intended to mislead users into believing the platform is secure and legitimate.
2. Unresponsive Customer Support: The platform’s customer support is non-existent or deliberately unresponsive, leaving users without recourse when they discover they have been scammed.
3. Unverified Investment Opportunities: The platform offers trading opportunities that promise high returns but provides no verifiable evidence of actual trading activities. This lack of transparency is a significant red flag, indicating fraudulent intent.
4. Recent Domain Creation: The domain for api-trade.info was created on May 20, 2024, suggesting the site is relatively new. This recent creation date, combined with the platform’s deceptive practices, aligns with typical characteristics of scam sites that operate briefly before disappearing.

Domain Analysis

A detailed analysis of the domain information reveals several concerning elements:

• Domain Name: api-trade.info
• Registry Domain ID: efe604eb5e3441d9a2c0976e773b5398-DONUTS
• Registrar WHOIS Server: whois.dynadot.com
• Registrar URL: dynadot.com
• Updated Date: 2024-08-10T13:18:36Z
• Creation Date: 2024-05-20T15:26:24Z
• Registry Expiry Date: 2025-05-20T15:26:24Z
• Registrar Abuse Contact Phone: +1.6502620100

In the case of trading scams like API-trade.info, the domain is often registered recently and lacks any substantial history or reputation. These sites typically have poor online reviews, little to no social media presence, and often use cheap or free hosting services. Such scams aim to quickly collect funds from victims and then disappear before authorities can trace or shut them down. This pattern of behavior is evident with api-trade.info, which the creators set up recently and exhibits all the signs of a typical scam operation.

Bottom Line

Api-trade.info is a fraudulent trading platform that uses false claims and deceptive tactics to steal money from users. With its fabricated endorsements, unverified trading opportunities, unresponsive customer support, and recent domain creation, the platform exhibits all the characteristics of a scam. Users should avoid interacting or similar platforms and conduct thorough research before making any investments. Reporting suspicious activities to the appropriate authorities can help protect others from falling victim to such scams.