nitroexchange scam home page

Nitroexchange.net | Fake or Real?

Website Name

nitroexchange.net

Website Type

Online Investment Platform

Is Nitroexchange Fake or Real?

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Fake

Why is Nitroexchange Fake?

Nitroexchange is a website that claims to generate profits for investors through cryptocurrency trading. Nitroexchange promises returns as ludicrously high as 100% in 12 hours, making it obvious that it is a fraudulent investment scheme. Such unbelievable returns are not realistic or sustainable. Additionally, Nitroexchange also has a 5% referral commission program, suggesting that it may be a pyramid scheme if not an outright scam.

  • nitroexchange scam investment program
  • nitroexchange scam pyramid scheme referral commission

A domain name lookup of the website shows that it was registered on 24th March 2021. The registrant’s details such as name, location and contact details have been hidden using a privacy guard. Therefore, it is a relatively new website that is being operated anonymously.

whois

Nitroexchange’s website is poorly made and appears to be created using a cheap template, as with most fake investment platforms. The website is so lazily made that important documentation such as the Privacy Policy is missing. I found that the text on the website has been copied and is being used on at least 420 other websites, all of which are likely to be scams. The list of sites is given at the end of the article.

nitroexchange scam about us copied content

There is no real information given on Nitroexchange’s website about who runs the company. The names and images of the management team are quite obviously fake as the images are stock photos and no profiles of these people exist online.

  • nitroexchange scam fake management team
  • dreamstime stock image thinking woman

Nitroexchange does not have a social media presence. There are no social media links given on the website and I couldn’t find any social media pages independently either.

The Contact Us page of the website only contains a contact form. However, the following contact information is given in the website’s footer:

support@nitroexchange.net

13a Lennox Gardens Mews, Chelsea,
London, United Kingdom, SW1X 0DP

I found that the address is fake as it is the location of a residence. This makes it quite clear that Nitroexchange is not a legitimate company.

  • nitroexchange scam fake address
  • nitroexchange scam address real location
  • nitroexchange scam contact us

There are a couple of reviews by clients of Nitroexchange written on ScamAdviser and both say that it is a scam. The investors have complained that they did not receive any profits after making a deposit and were repeatedly asked for more money citing nonsensical reasons. If you want to share your review of this platform, you can do so in the comments below or on my social media pages.

nitroexchange scam client reviews

Conclusion

It seems quite obvious that Nitroexchange and the 420 similar websites have an enormous likelihood of being scams. There are a number of signs suggesting Nitroexchange is not a genuine crypto trading and investment firm. The platform promises ROIs as high as 100% in 12 hours. Incredibly high returns in a short duration are often the most obvious sign of an investment scam.

The site is being operated anonymously since March 2021. All of the content on the website is copied and the same text can be found on at least 420 other websites, all of which may be scams. The site has no Privacy Policy document and the information about the company’s management team is completely fake.

The company has no social media presence and can only be contacted by email. No company information is given on the website and reviews written by investors clearly state that Nitroexchange is a scam as they keep asking for more money after making a deposit.

It is advisable to avoid investing with Nitroexchange or the 420 similar sites as there are no reasons to believe that they are genuine crypto trading and investment firms. As a general rule, never send crypto to strangers as it cannot be recovered.

Remember: If something seems too good to be true, it probably is.

To read about other Investment Scams, click here.

If you found this information useful, please consider supporting my work.

If you have been a victim of an investment scam, you can take the following steps:

  1. File a complaint with the payment portal. However, investment scammers mostly use methods such as Bitcoin, Western Union, MoneyGram and other untraceable methods which make refunds impossible.
  2. File a formal police complaint with the Cybercrime department.
  3. Leave a negative review on review portals such as ScamAdviser and TrustPilot.
  4. Report the website to Google using the Suspicious Site Reporter extension for Chrome
  5. Give a low rating to the website on Web of Trust. You can also install their extension for the same.
  6. If the company has a listing on Google My Business or Google Maps, file a complaint using the Business Redressal Complaint Form. Also, leave a negative review explaining what kind of experience you had.
  7. Report the scam site to web filtering companies.

List of websites using the same content as Nitroexchange

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