Watch Out for This Popular Crypto Exchange Clone

Life is not
easy when you are one of the largest cryptocurrency exchanges by volume and
number of clients. On the one hand, you deal with regulators in different parts
of the world, and on the other, with scammers who try to impersonate your
brand. Coinbase is well aware of this and has again fallen victim to a clone
company with the catchy name Coinbaseie.

The UK financial regulator FCA recently warned British investors and savers against
the activities of people who cold call consumers and send them emails from the Coinbaseie.com
domain, posing as representatives of the popular cryptocurrency exchange
Coinbase.

During the
conversation, they encourage setting up a trading account, referring to
Coinbase’s regulations and reputation. However, as the FCA warns, they have no
affiliation with the real exchange
Exchange

An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv

An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv
Read this Term, and sending them any money may involve a
serious risk of losing it.