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Is Tradocoin legit?
stefanus
Greece
2023-09-01
ANSWER No, Tradocoin is not legit.Tradocoin claims to be founded in 2018, but its domain ("tradocoin.com") is first registered in March 2023. Such contradictory situation raises suspicions about its reliability.Tradocoin marks itself as a cryptocurrency exchange, allegedly located in Australia. However, there are no indications that it is registered with the Australian Securities and Investments Commission (ASIC) and the Australian Transaction Reports and Analysis Centre (AUSTRAC). Crypto-assets trading comes with a lot of risks and the lack of oversight would make the situation even worse.Therefore, we strongly suggest investors avoid the unregulated platform Tradocoin. Entrusting it with your funds and personal information is highly risky, as no rules in place to safeguard them. To protect investors' interests, we strongly suggest them opt for a fully regulated platform.
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