Is Tradesbux Fake or Real?
Why is Tradesbux Fake?
Tradesbux is a website that claims to pay users for activities such as clicking on ad banners and links. The site claims that users who sign up on the platform can earn money through simple tasks, plus extra in the form of referral bonuses. Even if Tradesbux does pay, its business is illegal as paying users to click advertisements is a form of fraud called click fraud.
A domain name lookup of the website shows that it was registered on 2nd August 2021. The registrant’s details such as name, location and contact information have been hidden using a privacy service. Therefore, it is a relatively new website that is being operated anonymously.
Even though Tradesbux claims that users can earn money on the website by signing up for free, this is not actually true. A ‘Free trade’ membership only allows users to earn 1% of the click value. To earn the full amount, users must ‘upgrade’ their account by purchasing packages. I always say that any company that requires you to pay money before you can earn money is a scam.
Payments to Tradebux have to be made using cryptocurrency. This is a huge red flag as crypto is highly favoured by scammers due to its anonymous and untraceable nature.
Additionally, Tradesbux has a tiered referral program wherein users get paid when their referrals upgrade their accounts. From the FAQ section:
CAN I MAKE MONEY FROM REFERRALS?
Yes an Upgrade Members earn money from their own clicks and for each of their referral’s Upgrade Commissions and Purchase Comssions.
This is exactly how Pyramid schemes work and therefore indicates that Tradexbux is likely to be a fraudulent investment scheme.
Upon analyzing the website’s content, I found that there are at least 10 other sites with similar content, all of which may be scams. The list of sites is given at the end of the article.
Tradesbux attempts to appear legitimate by providing a list of payments made to users. The list can easily be faked as there is no way to verify whether the users are even real. If the list is real, it seems like a breach of privacy.
There are no social media pages listed on Tradesbux website. The Support page does not provide any company information or contact details. The only way to contact Tradesbux is by raising a support ticket on their website.
No reviews for Tradesbux could be found online. If you want to share your review about this website, you can do so in the comments below or on my social media pages.
It is quite obvious that Tradesbux and the 10 similar sites are all likely to be scams. Tradesbux is a relatively new website that is being operated anonymously. The website contains absolutely no information about who is running it. The activities for which Tradexbux claims to pay users, clicking ads for example, are illegal as it constitutes click fraud.
Even though Tradesbux claims to be a free platform, it is practically impossible to earn money without purchasing a package or referring others to purchase packages. The structure of Tradesbux is more like a pyramid scheme than a PTC platform. There is no contact information provided and there are no social media pages either.
Payments to Tradesbux have to made using crypto, which means that there is no way to get a refund if it turns out to be a scam. It is advisable to avoid signing up on Tradesbux or the similar websites, as they show signs of being pyramid schemes.
How to Get Your Money Back from a Scam
Remember: If something seems too good to be true, it probably is.
To read about other Employment Scams, click here.
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If you have been a victim of an employment scam, you can take the following steps:
- Lodge a cybercrime complaint
- Lodge a complaint with the payment portal or your bank
- Give a low rating to the website on Web of Trust. You can also install their extension for the same.
- Write a review on websites such as ScamAdviser and TrustPilot.
- Block all numbers of the scammers on TrueCaller, mentioning the words Fake, Fraud or Scam in the name.
- 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.
- Report the scam site to web filtering companies.
List of sites using the same content as Tradesbux
Disclaimer: This review is intended for information only and should not be relied on when making financial or business decisions. If you are a website owner and would like to provide clarifications regarding your business and/or website, please get in touch using the Contact Form.