BlockDag.network exhibits multiple red flags that evident it is a fake crypto website. Though, it has advanced technological foundation, promising investment potential, and accessible mining options. Are you considering signing up to BlockDag.network? DON’T do that yet. Once you deposit your money, you will neither get your money back nor make any profit.
In this computer age, crypto currency platforms like BlockDag.network website has gained widespread popularity and value. Hence, crypto platforms are fast increasing and scammers are taking advantage of the opportunity to scam people. They set up fraudulent websites, copy contents and images from legit cryptocurrency platforms so as to lure people into investing.
Sadly, anybody that falls for the scam and makes deposit ends up loosing money. BlockDag.network is one of those malicious websites.
This article explains the details about this BlockDag.network website and why users and scam detectors flagged it fraudulent.
What Is BlockDag.network All About:
BlockDag claims to offer innovative blockchain technology but it is one of many fake crypto exchange websites that share the same content and that use Tiktok as their main way of finding potential victims for them to prey on. for people to buy and sell crypto currencies ranging from Bitcoin Ethereum, Ripple, Litecoin etc.
According to the official website, Spasdex claims that entrepreneurs like Elon Musk, Warren Buffett, MrBeast, Jeff Bezos, and Bill Gates endorsed it.
It also claims to be the crypto exchange platform that makes digital currency operations easy and affordable for everyone. Also, you can store and manage your digital assets using the most secure, compliant, and user-friendly custody solution on the market.
Moreover, this scam crypto website runs multi-channel campaigns on social media platforms like TikTok, Facebook, Instagram, and via email spam to advertise these fake celebrity partnerships and cryptocurrency rewards in order to make people believe they are legitimate.
What To Do To Earn The Alleged Money From BlockDag.network
Below are the following false ways to make money on BlockDag.network
- First of all, you have to register. Follow step by step and sign in
- Start trading. You can trade with any cryptocurrency of your choice.
- Use promo code to increase your income,
- Finally, you start earning money from the platform
Sounds interesting right? Don’t be deceived! In reality, you won’t make any money after following those stipulated means.
Specifications Of BlockDag.network Website
Red Flags Of BlockDag.network Website
BlockDag.network Was Recently Registered
According to Who.is (a domain checker) the website was recently registered on 21st December 2023 and expires on 21st December 2024. Meaning that the website has been in existence for a long time.. And it evident that the website can be disposed easily.
False Claims
The scammers behind BlockDag.network claims it is endorsed by some celebrities- Elon Musk, Warren Buffett, MrBeast, Jeff Bezos, and Bill Gates. Also, it runs multi-channel campaigns on platforms like TikTok, Facebook, Instagram, and via email spam to advertise these fake celebrity partnerships and cryptocurrency rewards.
No Contact Us Info
There is no information to contact the people behind BlockDag.network website. There is no address, email or phone number provided. How then can you contact them if anything should go wrong. It’s very risky.
No Social Media Presence
BlockDag.network failed to provide links to their social media pages. It is obvious that they are scared of being exposed by the social media authorities.
Is BlockDag.network A Scam?
Having seen the above analysis, BlockDag.network is a viral website that was recently designed. Investors should not trade on it. The claims to be the fastest growing global cryptocurrency exchange – with the lowest fees around is false. Besides it has been flagged fraudulent by both scam detecting websites and users online. There are some negative reviews online where customers called it a scam.
See what a customer has to say-
My experience with BlockDAG has been mixed.
While the platform is gaining popularity and claims to offer innovative blockchain technology, there are some red flags.
For instance, accessing the website has been problematic for me, as it’s flagged by my internet provider as potentially malicious.Additionally, the team behind the project was only recently revealed, and transparency concerns persist.
I’d advise caution before investing, as there are still unresolved issues related to security and legitimacy. It’s important to research thoroughly before making any commitments.
Michal
Don’t be carried away. Just like Cryptotradeunit, cashjob, Maxebitex and Nevexet that we reviewed earlier, you will not make any profit rather you will be defrauded.
Tips To Know Fake Crypto Trading Websites:
- The website promises of guaranteed returns.
- You cannot withdraw your money or they want you to pay more to get your money back.
- They use new domain names
- There are tons of negative reviews online about it
Ways To Protect Yourself From Being Scammed
- Analyze Celebrity Endorsements. Don’t just believe a website is real because it mentioned celebrities or public figures as its sponsor. Scammers often fabricate endorsements to gain credibility.
- Ignore Urgency. Most times, these scam crypto site like Spasdex use urgency as tactic to make investors to fall for them and make deposits. Legitimate investments offer time for research and consideration.
- Search for Reviews and Feedback. Look for independent reviews and feedback from fellow traders. Scammers may create fake positive reviews, Some go to the extent of paying bloggers for sponsored posts
- Question the too good to be true Promises. Be skeptical of offers promising unrealistically high returns or guaranteed profits. If an investment opportunity seems too good to be true, it likely is.
- Verify Regulation and Licensing. Check the authenticity of the platform or service. Check if it is regulated and licensed by relevant authorities. Scammers often operate without proper authorization.
Conclusion
BlockDag.network is a scam crypto site that is ripping people off their money. Once you deposit your money, You won’t get it back.
