Digital Asset Trades, operating under the domain digitalassettraders.com, is a platform that claims to provide financial services such as trading and investment opportunities. However, the website has raised serious concerns due to its unlicensed status and lack of credibility. The main website is not functioning, adding to suspicions regarding its authenticity. An introduction and insight into whether Digital Asset Trades is a legitimate or potentially dangerous scam are given in this Digital Asset Trades review.
Website: http://digitalassettraders.com/
Website Availability: No
Address: NA
Regulation: Unregulated
Warning: Australian Securities and Investments Commission (Australia)
Domain Age:
- Name DIGITALASSETTRADERS.COM
- Registry Domain ID 2916483669_DOMAIN_COM-VRSN
- Registered On 2024-09-13T12:34:58Z
- Expires On 2025-09-13T12:34:58Z
- Updated On 2024-11-14T15:39:51Z
Overview
Absence of ASIC Licensure
Digital Asset Trades is not an ASIC-licensed organization in credit activities in Australia, which makes its operation contravene the financial law of Australia. This casts doubt on its legitimacy and legality.
Website Not Functional
The current inability of the website to operate severely questions its credibility. In the world of Internet trading, if the website goes out of operation, it signals an unhealthy sign for client operations.
Trust Score Quite Low
Reports say the domain digitalassettrades.org has a very low trust score, indicating that fraudulent activities might have taken place. Such low scores raise red flags among incoming investors.
Lack of Transparency
No credible information exists regarding the management of the platform, contact details, or operational transparency. The lack of these crucial details raises suspicious concerns about Digital Asset Trades.
Is Digital Asset Trades Legit or a Scam?
Given its unlicensed status and the lack of operational transparency, Digital Asset Trades exhibits all the warning signs of a scam. ASIC has issued a caution about this platform, emphasizing that it is likely offering unauthorized financial services to Australian consumers. Almost all financial service providers in Australia must be licensed, and Digital Asset Trades’ failure to comply with this requirement is a significant red flag.
In conclusion, based on the information available, Digital Asset Trades Review suggests that this platform is unreliable and potentially harmful. Consumers are strongly advised to avoid engaging with this entity to protect their financial interests. Always verify a platfom’s legitimacy before investing.
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