TRON Cloud Mining Platform
Is Trxmining Zone Fake or Real?
Why is Trxmining Zone Fake?
Trxmining Zone is a website that claims to generate profits for investors by mining the TRON cryptocurrency. Trxmining Zone promises returns as unbelievably high as 6.8% per day, making it obvious that it is a fraudulent investment scheme. Such incredible returns are not realistic or sustainable.
Trxmining Zone also has a 10% referral commission scheme, which means that investors get additional returns if their referrals make deposits on the site. This hints that Trxmining Zone is likely to be a pyramid scheme if not an outright scam.
A domain name lookup of the website shows that it was registered on 19th June 2022. The registrant’s details such as name, location and contact details have been hidden using a privacy guard. Therefore, it is a new website that is being operated anonymously.
Not only does Trxmining Zone have a referral system that incentivizes positive online reviews, they are also openly paying Youtubers $1,000 for video testimonials. Therefore, online reviews of Trxmining Zone have almost no credibility because reviewers receive financial renumeration.
Trxmining Zone falsely states it is a registered entity in the UK. However, the registration certificate on the website is fake as it belongs an unrelated firm with a similar name. In any case, a UK registration certificate means nothing as companies offering financial services in the UK must be registered with a regulator such as the FCA.
Trxmining Zone’s website is poorly made and appears to be made using a cheap template, as with most fake investment websites created by African or Asian scammers. The About Us page contains the following text:
ABOUT TRX MINING ZONE
TRXMINING ZONE-UK REGISTERED TRX investments company that provides partners with cloud mining and trading services. We are committed to providing an innovative investment service that is controlled by our experienced professionals, generating profits exclusively from Cryptocurrency mining.
Our team filled with technical developers, miners, traders, and analytics with more than five years of experience who know mining and blockchain technology inside-out, made the platform not only to generate stable returns in modern realities but also convenient for use from beginners, minor crypto investors to professional capital managers.
I found that the above text as well as all the other content on the site has been copied. There are at least 9 other websites using the same text, all of which may be scams. The list of sites is given at the end of the article.
Trxmining Zone does not have a social media presence. The contact information given on the website includes a fake UK address (copied from the unrelated company’s registration certificate) and the email address ‘firstname.lastname@example.org’. A link to a Telegram group is also provided. Therefore, the website owners can only be contacted using anonymous methods.
I could not find any reviews of Trxmining Zone online on sites like ScamAdviser and Trustpilot. If you want to share your review of this platform, you can do so in the comments below or on my social media pages.
It seems apparent that Trxmining Zone and the 9 similar websites are likely to be scams. There are a number of signs suggesting that it is not a genuine TRON mining platform.
Trxmining Zone is promising unrealistically high profits such as 6.8% per day. They also have a referral commission program which is a common feature of fraudulent investment schemes. All of the content on the website is copied and the same content can be found on at least 9 other websites.
The company has no social media presence and can only be contacted by email or Telegram. No clients reviews of Trxmining Zone could be found online either.
It is advisable to avoid investing with Trxmining Zone or the 9 similar sites as there are no reasons to believe that they are genuine crypto cloud mining 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.
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If you have been a victim of an investment scam, you can take the following steps:
- 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.
- File a formal police complaint with the Cybercrime department.
- Leave a negative review on review portals such as Scamadviser and TrustPilot.
- Report the website to Google using the Suspicious Site Reporter extension for Chrome
- Give a low rating to the website on Web of Trust. You can also install their extension for the same.
- 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 websites using the same content as Trxmining Zone
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.