The growing cryptocurrency industry has attracted both legitimate platforms and fraudulent schemes. Exaigm.com is one of the latest scams, masquerading as a cryptocurrency trading platform while defrauding unsuspecting investors. Upon investigation, it became clear that Exaigm.com is not the reputable platform it claims to be. In this article, we will expose the deceptive tactics used by this fake crypto platform, including false claims about its app availability, questionable domain information, and fraudulent crypto transactions.

Investigation Overview Exaigm.com’s Deceptive Practices

Exaigm.com presents itself as a trustworthy crypto trading platform. It lures potential users with promises of seamless trading experiences and quick profits. However, a deeper investigation reveals several red flags indicating that this platform is far from legitimate.

False Claims About App Availability

One of the primary tactics employed by Exaigm.com to attract users is its claim that the platform’s app is available on both the Google Play Store and Apple’s App Store. This is a common marketing strategy used by many legitimate crypto trading platforms, as having a mobile app boosts accessibility and trust among users.

However, our investigation revealed that this claim is entirely false. Despite Exaigm.com’s statements, there is no app for the platform available on either the Google Play Store or Apple App Store. This deception serves as a major red flag, as legitimate platforms typically have verifiable apps available on official app stores. By falsely advertising the availability of an app, Exaigm.com creates an illusion of credibility, while providing no real functionality for mobile users.

The lack of app availability is significant, as many crypto traders prefer to use mobile apps for real-time trading and account management. The absence of an app raises questions about the platform’s legitimacy and suggests that Exaigm.com is merely a front for fraudulent activity, with no intention of providing a functional service.

Domain Information Raises Concerns

Further investigation into Exaigm.com revealed that the domain was recently registered, with the following details:

• Updated Date: 2024-06-29
• Creation Date: 2024-06-29
• Registry Expiry Date: 2025-06-29
• Registrar Abuse Contact Email: trustandsafety@support.aws.com
• Registrar Abuse Contact Phone: +1.2024422253

The domain registration information shows that Exaigm.com was only created on June 29, 2024. This recent registration is a common characteristic of scam platforms, as they tend to operate for short periods before disappearing. The fact that Exaigm.com is so new should be a cause for concern for potential users.

Additionally, the domain’s registrar, Amazon Registrar, Inc., is a reputable service. However, scammers often exploit legitimate domain registration services to create a façade of trustworthiness. In this case, the use of a well-known registry does not validate the legitimacy of the platform, especially when other aspects of Exaigm.com’s operations appear fraudulent.

Fraudulent Crypto Receiving Address Identified

A critical piece of evidence confirming Exaigm.com’s fraudulent nature is the identification of a fake crypto-receiving address. During our investigation, we discovered the following Bitcoin address associated with fraudulent transactions on the platform:

Fake Bitcoin Receiving Address: bc1qc0096h7zx2eyt2rtp5g5dq3mhqf9ztsvg6k7a3

This address has been linked to multiple scam transactions, where users have been tricked into depositing funds, only for the platform to disappear with their money. One user reported losing approximately $1,950 in a fake crypto trading scheme on Exaigm.com. This substantial loss highlights the platform’s predatory nature and the severe consequences of falling victim to such scams.

It is essential to note that once funds are transferred to a fraudulent crypto address, recovering the money is nearly impossible due to the decentralized and irreversible nature of cryptocurrency transactions. This makes platforms like Exaigm.com particularly dangerous for unsuspecting users.

The User Experience Victims Speak Out

Several users have come forward, sharing their experiences of being defrauded by Exaigm.com. One user, who wishes to remain anonymous, reported losing nearly $2,000 in Bitcoin after engaging in what they believed to be legitimate crypto trading on the platform.

According to the user, Exaigm.com appeared professional, with a sleek interface and promises of high returns. However, after depositing funds into their account, the user quickly realized that they were unable to withdraw their money. Customer support was unresponsive, and their account was eventually locked without explanation. Despite repeated attempts to recover their funds, the user was left with nothing.

This experience mirrors the stories of many others who have fallen victim to Exaigm.com’s fraudulent activities. The platform preys on individuals looking to invest in cryptocurrency, offering them false hope before disappearing with their funds.

Conclusion Avoid Exaigm.com

Exaigm.com is a textbook example of a fake crypto trading platform designed to scam users out of their money. With its false claims of app availability, newly registered domain, and fraudulent Bitcoin receiving address, the platform raises numerous red flags that potential users must not ignore.

The experience of users who have lost significant amounts of money on Exaigm.com serves as a stark warning to others. It is crucial to exercise caution when dealing with unfamiliar crypto platforms, particularly those with limited online presence, recent domain registrations, and unverifiable claims.

To avoid falling victim to scams like Exaigm.com, always verify the legitimacy of a platform before depositing funds. Research the platform’s background, check for app availability on official stores, and be wary of recently registered domains. By taking these precautions, you can protect yourself from fraudulent schemes and ensure that your investments are safe.