CAU Coin is advertised as an US based cryptocurrency exchange. Their minimalistic approach combined with US ties might lure in rookies in the space. However, the professional traders and investors can easily spot all of their red flags. From regulation to liquidity pools, they have bluffed about almost everything.
Moreover, their operational model is similar to the MLM scheme which means they are bound to go down sooner or later. To know other deadly tactics they employed to attract users, continue reading.
What is CAU Coin?
CAU Coin is a self proclaimed cutting edge cryptocurrency trading platform led by people from prestigious organisations. They like to portray themselves like a trustworthy platform and they do everything in their power to enhance the image. If you see through the clutter, then one thing becomes clear, most of the things they claim are either false or simply misleading.
Unlike leading firms in the space, they have no unique selling point and they are unregulated as well. Compared to a casino, investing with this firm has worse odds than gambling.
Is CAU Coin Scam or Safe?
The answer is yes. CAU Coin is allegedly offering risky trading instruments to US residents. As regulatory status is unlisted, there is no security of funds. In other words, if anyone invests on their platform, chances of getting back the money is slim to none.
People behind this firm appear to be con artists that excel in marketing which explains the reach they amassed in the short while. All in all, this platform is certainly not the place wherein you should invest.
User Feedback
We did our best to find reviews about them on credible review portals and social media platforms. Surprisingly, we could not find any verifiable profiles or claims.
Undeniably, it is a massive red flag and combined with the facts discussed above. It is clear that they are not just manipulative, but unworthy of our trust in any way.
Bottom Line
CAU Coin is a fraudulent entity that is bluffing about almost everything ranging from their regulatory status to company address. They prey on people who aren’t well versed with the crypto space and loot them in the name of investments and trading.
So, don’t entertain them and never stray away from regulated brokers or platforms.
