The following complaint was filed with the BBB (Better Business Bureau) regarding a scam at harybit.com:

I was scammed out of $500 by harybit.com. They requested additional funds to process a withdrawal, but they stopped responding once I added the money.

Scammer Information:

• Phone: (834) 939-2991
• Location: Grenloch, NJ-08032

If this website has scammed you, please share your story.

Domain Analysis

Harybit.com, a cryptocurrency-related website, has been implicated in multiple scam reports. Registered through GoDaddy.com, LLC on May 3, 2020, this domain has a long-standing presence, yet its activities have recently come under scrutiny. The domain is set to expire on May 3, 2025, and has been updated as recently as June 14, 2024. The website operates under a cloak of privacy, with Domains By Proxy, LLC listed as the registrant, administrative, and technical contact. This proxy service in Tempe, Arizona, shields the actual owners from public scrutiny, a common tactic among dubious entities to avoid detection and accountability.

The website is hosted by Cloudflare, Inc., and its servers are in Toronto, Canada.

Harybit.com Review

HaryBit presents itself as a comprehensive cryptocurrency trading platform, offering various services such as spot, margin, and stake trading through a powerful interface. The platform boasts about 3 million verified users and over 10,000 organizations from over 100 countries. HaryBit claims to provide secure storage for digital assets, insured cash balances, and the best industry practices. The website highlights the ability to trade over 150 cryptocurrencies and includes features like low fees, high execution speed, and advanced financial services. Users can also utilize tools such as investment calculators, staking, DeFi offers, and trading bots. HaryBit promotes itself as an innovative exchange with blockchain technology, aiming to provide wise trading and investment experience. Testimonials from users in various countries commend the platform’s safety, ease of use, and low transaction fees.

Despite the promising features, several red flags suggest HaryBit might be a scam. Firstly, all internal links on the website redirect to the sign-in page, a significant indicator of fraudulent activity. The absence of any actual trading interface, detailed information on the company’s regulatory status, or physical office addresses raises concerns about transparency.

Moreover, contact details such as phone numbers, email addresses, or social media accounts are not provided. The site does not offer clear information on regulatory licenses or certifications, crucial for establishing legitimacy in the cryptocurrency trading industry.

Exaggerated claims about user numbers and trading volumes without verifiable proof, combined with the lack of published audits or proof of reserves, further undermine HaryBit’s credibility.

HaryBit Reviews

ScamAdviser assigns Harybit.com a trust score of 76%, which is deemed average. However, the site is flagged for several red flags, including its recent domain registration and the presence of products often associated with scam websites. ScamAdviser recommends caution when dealing with such young websites, noting that scam sites frequently go offline within a few months due to rising consumer complaints.

ScamDoc also provides a 76% trust score for Harybit.com but advises that more investigations are necessary to determine its legitimacy. A user review on ScamDoc echoes concerns, stating that once a fee is deposited, it is sent to the scammer’s address, and no real money transactions occur, even if the website displays numbers suggesting otherwise.

Bottom Line

Considering all the evidence, Harybit.com clearly displays numerous warning signs consistent with fraudulent operations. The website’s tactics, such as requiring additional funds for withdrawals and ceasing communication, are hallmark behaviors of scam entities.

The lack of transparency, including concealed ownership and the absence of verifiable company details or regulatory compliance, further underscores its dubious nature. Despite the site’s efforts to present itself as a legitimate cryptocurrency trading platform with impressive claims and user testimonials, the underlying issues cannot be overlooked. Although average, the trust scores from ScamAdviser and ScamDoc suggest caution and highlight the need for a thorough investigation.

Therefore, it is prudent to approach Harybit.com with extreme skepticism and avoid engaging with the platform. If you have been affected, sharing your story could help others avoid falling victim to similar scams.