Is CoinRiz a Scam or Legit Digital Asset Trading Platform?

CoinRiz located at www.CoinRiz.com, which claims to be a professional digital asset trading platform, is untrustworthy. The website was registered 1 day ago, which makes it new and the links on it to download their so-called Android and iOS apps do not work. And, I tried searching the Google Playstore and the iOS app store and could not find any app for CoinRiz.

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Is CoinRiz a Scam or Legit Digital Asset Trading Platform?

About CoinRiz Digital Asset Trading Platform

CoinRiz at www.CoinRiz.com

I do not recommend using CoinRiz until there is more information available about the newly created P2P transaction website.

Check the comment section below for additional information, share what you know, or ask a question about this review by leaving a comment below. And, to quickly find answers to your questions, use our search Search engine.

Note: Some of the information in samples on this website may have been impersonated or spoofed.

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Comments, Questions, Answers, or Reviews

Comments (Total: 3)

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November 26, 2020 at 6:29 PM by
Is CoinRiz a Scam or Legit Digital Asset Trading Platform?
an anonymous user from: Monterey, California, United States

Yeah, I also got a DM on Discord. It was from RanchoBrancho#6096 Nov 22, 2020 7:11 PM. We shared one mutual server which they later left. I'm pretty sure that it's a scam as well.

This was the message that I got. Even the code is the same.

giftThe coinRIZ winter GIVEAWAY!gift

blue_heartCongratulations!blue_heart

You have been randomly selected among users of Crypto Discord Channels, such as Grin / Crypto Investors / EnergI / Lion crypto and many others... In the Giveaway! coinRIZ - Professional digital asset trading platform. We and our partners decided to make a big giveaway and help people in such a difficult time fight the covid.We give cryptocurrency from 0.15 to 1 BTC to random users.

gemYou WON 0.61 BTC gem

snowflakeYour promocode: 5741201081CD3EF2 snowflake

How to start using the sitegrey_question

grey_exclamationRegister an account on the site : https://coinriz.com

grey_exclamationGo on Page "Codes"

grey_exclamationActivate promotional code

grey_exclamationReceive BTC on your account

grey_exclamationVerify your account

grey_exclamationGo to the "Balance" tab and click "Withdraw", enter the address of your external cryptocurrency wallet BTC (or other coin) and the amount.

pencil2If you have any questions, contact us in online support: https://coinriz.com/en/support

IF YOU DONT KNOW WHAT IS CRYPTO AND HOW USE IT(PLS IGNORE THIS MESSAGE)

Delete

December 7, 2020 at 10:29 AM by
Is CoinRiz a Scam or Legit Digital Asset Trading Platform?
an anonymous user from: Lower Paxton Township, Linglestown, Pennsylvania, United States

Hey we won the same amount! Can't wait to cash this very real money in!

Delete

November 24, 2020 at 8:43 AM by
Is CoinRiz a Scam or Legit Digital Asset Trading Platform?
an anonymous user from: Lower Paxton Township, Linglestown, Pennsylvania, United States

Yesterday, I was just chilling on discord, and all of of a sudden I get this dm. It reads:

:fire:The coinRIZ winter GIVEAWAY!:fire:

:orange_heart:Congratulations!:orange_heart:

You have been randomly selected among users of Crypto Discord Channels, such as Grin / Crypto Investors / EnergI / Lion crypto and many others... In the Giveaway! coinRIZ - Professional digital asset trading platform. We and our partners decided to make a big giveaway and help people in such a difficult time fight the covid.We give cryptocurrency from 0.15 to 1 BTC to random users.

:dvd:You WON 0.61 BTC :dvd:

:credit_card:Your promocode: 5741201081CD3EF2 :snowflake:credit_card:

How to start using the site:grey_question:

:grey_exclamation:Register an account on the site : https://coinriz.com/

:grey_exclamation:Go on Page "Codes"

:grey_exclamation:Activate promotional code

:grey_exclamation:Receive BTC on your account

:grey_exclamation:Verify your account

:grey_exclamation:Go to the "Balance" tab and click "Withdraw", enter the address of your external cryptocurrency wallet BTC (or other coin) and the amount.

:pencil:If you have any questions, contact us in online support: https://coinriz.com/en/support

IF YOU DONT KNOW WHAT IS CRYPTO AND HOW USE IT(PLS IGNORE THIS MESSAGE)

so with this, I do some investigating. I ask around and found out a friend of mine got the same dm, but from a different person. Interesting. So I go to their website after searching up "coinRIZ" and found NOTHING. No websites or anything. So I used a fake e-mail, and I made an account. No e-mail verification. None whatsoever. Weird, considering this is a website that deals with money. So I use the code and it appears that I got the 0.61 btc(about 11,000 usd). I skipped the verify instruction, because it would probably require bank account info. So anyways, I went to the customer support. I asked questions like, "Is this a scam" or "Why have an email box if it is not verified or even needed." They either ignored questions or gave phony answers like "Our exchange is designed for both regular users and those who prefer anonymity. Therefore, we do not send confirmation by mail." And I call them out on ignoring questions. They ask which questions, and I give them the list: "if you are doing giveaways, shouldn't you make that public information on your website?, why do you have multiple discord account, such as rking2212 and Bewbiez #2696, that aren't even similar, to notify winners, when you are only notifying a few people, and why don't you confirm that a user uses your website. up until now, I have never heard of your website." after that, they accuse me of "ignore(ing) my answers" and threatening to "take appropriate action." So I said "I am not ignoring your answers. I have red them quite a few times." If you are interested, here are the answers:

"It makes no sense for us to scam you and lose the reputation of our company as well as our major investors! We work strictly under the contract in accordance with the laws of world trade! Upon completion of the verification, you will return all your transactions back and unfreeze your entire balance! Please follow the rules of the trading exchange!"

"Thus, our company not only gives people the opportunity to earn money, but also attracts new users to our site. This is done by our specialists from the SMM department"

"Our exchange is designed for both regular users and those who prefer anonymity. Therefore, we do not send confirmation by mail"

"If you have registered multi-accounts, they will soon be blocked along with your account. We are not trying to keep anonymity for ALL users who do not want this - they can verify their account with the KYC system, you do not carefully read what I am writing to you. Please follow the rules of the trading exchange and good luck!" This one is interesting because up to that point, I did nothing to break the rules. All I did was ask questions

"What questions? What questions did I not answer?"

"Read my answer what I wrote earlier"

"If you continue to ignore my answers, I will be forced to take appropriate action."

"If you continue to ignore my answers, I will be forced to take appropriate action."

Those are all of their answers. In the dm, it said that I was chosen from a list of crypto currency servers, while I know that I am not, and have never been in a crypto currency server. Also, the UI for the support is very messy. The message box is small, and the email of the user covers the messages.

This is just my experience with this "company." This along with now knowing that the company is a few days old, leads me to believe that it is a scam.

Delete

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Be careful of the information you share

Never give out your codes, passwords or personal information, unless you are sure of who you're dealing with

Know who you’re dealing with

Crooks pretending to be from companies you do business with may call or send an email, claiming they need to verify your personal information. Don’t provide your credit card or bank account number unless you are actually paying for something and know who you are sending payment to. Your social security number should not be necessary unless you are applying for credit. Be especially suspicious if someone claiming to be from a company with whom you have an account asks for information that the business already has.

Check your accounts

Regularly check your account transactions and report any suspicious or unauthorised transactions.

Don’t believe promises of easy money

If someone claims that you can earn money with little or no work, get a loan or credit card even if you have bad credit, or make money on an investment with little or no risk, it’s probably a scam. Oftentimes, offers that seem too good to be true, actually are too good to be true.

Do not open email from people you don’t know

If you are unsure whether an email you received is legitimate, try contacting the sender directly via other means. Do not click on any links in an email unless you are sure it is safe.

Think before you click

If an email or text message looks suspicious, don’t open any attachments or click on the links.

Verify urgent requests or unsolicited emails, messages or phone calls before you respond

If you receive a message or a phone call asking for immediate action and don't know the sender, it could be a phishing message.

Be careful with links and new website addresses

Malicious website addresses may appear almost identical to legitimate sites. Scammers often use a slight variation in spelling or logo to lure you. Malicious links can also come from friends whose email has unknowingly been compromised, so be careful.

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Use Strong Passwords

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Keep your software up to date and maintain preventative software programs

Keep all of your software applications up to date on your computers and mobile devices. Install software that provides antivirus, firewall, and email filter services.

Update the operating systems on your electronic devices

Make sure your operating systems (OSs) and applications are up to date on all of your electronic devices. Older and unpatched versions of OSs and software are the target of many hacks. Read the CISA security tip on Understanding Patches and Software Updates for more information.

What if You Got Scammed?

Stop Contact With The Scammer

Hang up the phone. Do not reply to emails, messages, or letters that the scammer sends. Do not make any more payments to the scammer. Beware of additional scammers who may contact you claiming they can help you get your lost money back.

Secure Your Finances

  • Report potentially compromised bank account, credit or debit card information to your financial institution(s) immediately. They may be able to cancel or reverse fraudulent transactions.
  • Notify the three major credit bureaus. They can add a fraud alert to warn potential credit grantors that you may be a victim of identity theft. You may also want to consider placing a free security freeze on your credit report. Doing so prevents lenders and others from accessing your credit report entirely, which will prevent them from extending credit:

Check Your Computer

If your computer was accessed or otherwise affected by a scam, check to make sure that your anti-virus is up-to-date and running and that your system is free of malware and keylogging software. You may also need to seek the help of a computer repair company. Consider utilizing the Better Business Bureau’s website to find a reputable company.

Change Your Account Passwords

Update your bank, credit card, social media, and email account passwords to try to limit further unauthorized access. Make sure to choose strong passwords when changing account passwords.

Report The Scam

Reporting helps protect others. While agencies can’t always track down perpetrators of crimes against scammers, they can utilize the information gathered to record patterns of abuse which may lead to action being taken against a company or industry.

Report your issue to the following agencies based on the nature of the scam:

  • Local Law Enforcement: Consumers are encouraged to report scams to their local police department or sheriff’s office, especially if you lost money or property or had your identity compromised.
  • Federal Trade Commission: Contact the Federal Trade Commission (FTC) at 1-877-FTC-HELP (1-877-382-4357) or use the Online Complaint Assistant to report various types of fraud, including counterfeit checks, lottery or sweepstakes scams, and more.
  • Identitytheft.gov: If someone is using your personal information, like your Social Security, credit card, or bank account number, to open new accounts, make purchases, or get a tax refund, report it at www.identitytheft.gov. This federal government site will also help you create your Identity Theft Report and a personal recovery plan based on your situation. Questions can be directed to 877-ID THEFT.

How To Recognize a Phishing Scam

Scammers use email or text messages to try to steal your passwords, account numbers, or Social Security numbers. If they get that information, they could get access to your email, bank, or other accounts. Or they could sell your information to other scammers. Scammers launch thousands of phishing attacks like these every day — and they’re often successful.

Scammers often update their tactics to keep up with the latest news or trends, but here are some common tactics used in phishing emails or text messages:

Phishing emails and text messages often tell a story to trick you into clicking on a link or opening an attachment. You might get an unexpected email or text message that looks like it’s from a company you know or trust, like a bank or a credit card or utility company. Or maybe it’s from an online payment website or app. The message could be from a scammer, who might

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  • want you to click on a link to make a payment — but the link has malware
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About Online Threat Alerts (OTA)

Online Threat Alerts or OTA is an anti-cybercrime community that started in 2012. OTA alerts the public to cyber crimes and other web threats.

By alerting the public, we have prevented a lot of online users from getting scammed or becoming victims of cybercrimes.

With the ever-increasing number of people going online, it important to have a community like OTA that continuously alerts or protects those same people from cyber-criminals, scammers and hackers, who are every day finding new ways of carrying out their malicious activities.

Online users can help by reporting suspicious or malicious messages or websites to OTA. And, if they want to determine if a message or website is a threat or scam, they can use OTA's search engine to search for the website or parts of the message for information.

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Is CoinRiz a Scam or Legit Digital Asset Trading Platform?