Wed. Oct 9th, 2024

Is Paragonix-earn.io Legit or a Scam? What to Know Before Investing

By maria Sep8,2024

Paragonix-earn.io claims to offer crypto currency and trading services. However, to get started, you’ll need to put about $250 into your account. The question remains “is paragonix-earn.io legit or a scam? Here’s what you need to know before signing up.

Paragonix-earn.io website

About Paragonia Earn

Paragonix Earn is a crypto platform that makes trading easy for everyone. It has no fees for trades or using the platform, a user-friendly design that’s simple to navigate, and a simulator that lets users practice and develop winning strategies without risking real money.

Warning Signs for Paragonix-Earn.io

No Customer Support

The site doesn’t have any contact options like a phone number or email, even though they claim to have been around for a long time. This makes it hard to get help if needed.

Inconsistent Dates

They say they started in 2009 as open-source software, but their website was only set up on September 1, 2024. Also, Bitcoin began in 2008, which doesn’t match their story.

High Minimum Deposit

To start trading, you must pay a minimum of $250 to gain access to the trading platform. This large amount could be a red flag.

No Physical Address or Regulation

They don’t have a physical address or any official approval from regulators. This might mean they aren’t very accountable or reliable.

No User Reviews

Despite claiming to be around since 2009, There are no reviews or feedback from users. This could indicate that the platform is new or not well-known, which makes it more risky to use.

Is Paragonix Earn Scam or Legit?

The website has many warning signs that make it look suspicious and raise doubts about whether it’s real or not.

What To Do If You Fell For The Paragonix-earn.io Scam

Cancel your credit card

Immediately call your financial provider and cancel your credit card. By so doing, the credit card details you used for your transaction would become null and void.

Request for a new card

After the old credit card has been canceled, ask for a new card, it doesn’t cost much to get one. Your credit card issuer will issue you a new one with different numbers.

Report the Fraud To Relevant Authorities

Report the scam to relevant authorities and organizations. This includes:

  • Better Business Bureau (BBB): File a complaint with the BBB if the online store is based in the United States.
  • Internet Crime Complaint Center (IC3): If you are in the United States, you can file a complaint with the IC3 at https://www.ic3.gov/.
  • Your Local Consumer Protection Agency: Contact your local consumer protection agency or the equivalent regulatory body in your country.

Also read: Wamdex.com

By maria

I'm Maria, a journalist. I fact-check and provide accurate information on trending topics. Prior to working on Infoquu, I worked as a Research Analyst for organizations.

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