Velonux.com Claims to be a cryptocurrency exchange platform where you can buy, trade, and swap over 100 cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, and Binance Coin. The platform is designed with a good interface, low trading fees, and strong security features, including advanced wallet systems.
What Is Velonux.com?
Velonux.com has an affiliate program and a rewards hub where you can earn commissions by referring others and getting free coins with promo codes. The platform Claims to keep your data safe and believes only you can access your information.
According to the reports, Velonux is a fake cryptocurrency trading platform. Scammers behind it use realistic fake videos of celebrities like Cristiano Ronaldo and Elon Musk to trick people into depositing Bitcoin, promising free crypto giveaways.
Scam Overview
Velonux.com operates a scam by presenting itself as a cryptocurrency trading platform on social media. Scammers use fake videos of celebrities such as Cristiano Ronaldo and Elon Musk, falsely suggesting they support the platform.
These misleading videos claim free cryptocurrency giveaways that can be activated with promo codes, The goal is to trick people into putting their Bitcoin into Velonux.com. Unfortunately, it’s a dishonest plan meant to take money from people who don’t realize they’re being scammed.
It’s important to stay careful and watch these types of offers. Before you put any money in or get involved, This is mainly true in cryptocurrency, where scams happen. Keeping your personal and money details safe should always be your first reference to avoid what happened with Velonux.com.
Is Velonux Scam?
Velonux.com scammers use these fake videos to cheat people, making it hard to tell if their promotions are real.
This marks a big change in how cybercriminals operate, moving from basic phishing emails to advanced multimedia tricks that can fool even people who know about technology. Here are some more Red Flags That can Considered.
1. Fake Giveaways Promises
The platform advertises free cryptocurrency giveaways that can be activated with promo codes. This is a trick frequently used in scams to attract people into depositing their money.
2. Same Scam With Different Domains
There are multiple domains similar to Velonux that are included in the same type of scam. They operate under various names such as VELONUX.com, Bitsowex.com, and Xbirex.com, using identical tactics to mislead people.
3. Social Media Promotion
The scam uses extended advertising on social media and fake videos of popular celebrities to promote itself on a large scale. This can be a warning sign that it’s not legitimate and could mislead you.
Read: BINEDEX Crypto Review: Is It Legit Or Scam?
Jason Thomas is a Computer Science student specializing in AI & ML, dedicated to safeguarding individuals from online threats. Passionate about exposing internet scams, Jason spends his free time identifying and reviewing various fraudulent activities and unethical materials. With a unique blend of theoretical knowledge and practical application, he is a valuable contributor to the fight against online fraud. His commitment to technology and programming fuels his mission to protect people from scams and enhance internet safety for everyone.
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