Review: A Cryptocurrency Scam?

Welcome to our Coindex Tech Review in which we investigate the website currently found at

Four days ago, on March 10, 2023, the following complaint was filed with the Better Business Bureau (BBB) by a Sacramento, California, United States person who claims being scammed for $11000 by a CryptoCurrency scam on

An affiliate contacted me on Facebook and encouraged me to make a profit through buying and selling cryptocurrency on a website called, located in Germany. Over several months, I earned a significant profit.

However, when I attempted to withdraw a portion of my earnings, I was informed that I needed to pay a 25% profit tax before receiving my funds. After paying the taxes, I never received my funds, and the scammers kept asking for more money from me.

A phone number is mentioned – (213) 537-9752 (a Los Angeles, California number).

So is Coindex indeed a SCAM?

Want to be kept updated regarding scams?

Get instant emails when we publish new scam warnings!

Coindex Review

The domain was registered on July 1, 2022 for one year through 1API GmbH. It is protected by Cloudflare.

On Semrush they have a 2% Authority Score with 12 backlinks from 7 referring domains.

The top backlink is from a BitcoinTalk thread where they advertise: “If you guys need dedicated nodes our team runs a service———————— ——–>” This is a comment by a Hero Member by the name Blockhunter who is the Founder of Incakoin and, a website that sells Masks,Shoe Covers, isolation gowns, Face Shields and more. (But is not currently active.)

Get in touch with our affiliated Bitcoin Forensic Investigators at CNC Intelligence for free by filling out the form below.

    Incakoin is a decentralized cryptocurrency that uses proof of work and proof of stake protocols for added security. The blockchain allows for instant fund transfers with low transaction fees.

    An old LinkedIn post announces the 6th anniversary of Incakoin, a cryptocurrency from 2013, and offers a giveaway to Reddit users who provide their NKA addresses.

    The post also shares a link to the Incakoin GitHub page and mentions that NKA will soon be listed on a new exchange. Some users provide their addresses and receive their coins, while others ask for instructions on how to participate.

    We cannot find any evidence that Incakoin however is connected with Coindex Tech.

    According to, Coindex is a large blockchain asset trading platform that offers users the ability to buy various cryptocurrencies, including BTC, ETH, ADA, BCH, and more. The platform boasts deep liquidity, a global ecological layout, bank-level security, and a focus on user experience. Users can access the platform through a web or mobile app and can trade anytime and anywhere.

    The way the website is designed appears familiar and we realize that we have already seen scam websites using the same design, such as

    At any rate, with no contact and company information, we cannot recommend trusting this website.

    Want to be kept updated regarding scams?

    Get instant emails when we publish new scam warnings! Reviews

    Searching online for “Coindex” does not provide a lot of information.

    ZenGo Wallet Banner

    We discover there’s a Germany investment service at Coindex GmbH is a company based in Bielefeld, Germany that provides a platform for investing in cryptocurrency. But we don’t think they are a scam since they have a rating of 4.7 stars based on 22 Google reviews, with positive comments about their user-friendly platform, helpful support team, and easy investment options.

    The only website in which we find reviews is Even there most of the reviews are fake, however there are two seemingly real reviews.

    The first reviewer claims that is a scam site because they ask for more money when you try to withdraw and that they also charge taxes on gains.

    The other reviewer deposited $500 and was asked to upgrade for $10,000 in order to withdraw.

    Bottom Line

    In conclusion, the website is under investigation for potentially being a cryptocurrency scam.

    The website claims to be a large blockchain asset trading platform with deep liquidity and bank-level security, but it lacks contact and company information and has negative reviews.

    It is good to be cautious of such websites, and it is important to keep in mind the risk warnings associated with investing in cryptocurrencies.

    It is also recommended to avoid using credit cards and to be careful when using social media to receive investment advice.

    If you have lost a significant amount of money to online scams, such as the Coindex scam, do not lose hope. We can help you recover your funds!

    When you comment, your name, comment, and the timestamp will be public. We also store this data, which may be used for research or content creation in accordance with our Privacy Policy. By commenting, you consent to these terms.

    Leave a Comment

    Your email address will not be published. Required fields are marked *

    Never lose money to a scam again!

    Get instant emails when we publish new scam warnings!

    Discover more from Report Your Scam

    Subscribe now to keep reading and get access to the full archive.

    Continue reading

    Scroll to Top