Today we’re posting a Tron CFD review (tron.cfd).
On November 1, 2022 (2 days ago), we received a complaint from someone who had lost $8,000 with this website. They write: “I put my money in platform called tron.cfd and the block on the amount and refused to withdraw.”
Opening the website, we notice the site is quite strange as if it was only built for mobile devices.
It has a notifications and support menu items, but they are not responsive.
There’s also a live chat widget and a Telegram link.
Next we see our Total Balance of TRX, which is obviously 0.00 since we hadn’t invested in this very suspicious website.
There’s a scrolling message saying:
Get in touch with our affiliated Bitcoin Forensic Investigators at CNC Intelligence for free by filling out the form below.
Urgent notice: Please note that TRONCFD online customer service will not send the payment address to anyone without permission. If you encounter fake customer service, please do not transfer money without permission to avoid being deceived. (Please click on the online customer service contact on the APP in time.)
There are a Deposit, Withdrawal, Share Friends, and Team buttons which require logging in.
Below all that there’s a short piece of information that says: “Join to be a TRON Millionaire Use the latest mining machines and Defi technology to ensure that all users get the most TRX income.”
But to get more details, it is required to log in.
The following guide is available:
Recommend and share – If you refer and share the promo link to your friends to register and top up, you can get 14% A grade, 3% B grade and 1% C grade!
Step 2: Send the link to your friends or any social platform (Facebook, Tiktok, Twitter…) to let them know that this is a very safe and reliable cloud mining investment platform. The platform allows you to withdraw up to 30% of your investment daily. income
Step 3: After your friends register and recharge in your main account or promotion account, you will receive promotion income immediately.
Example: If you invite User A, User A deposits and invests 10000TRX, you will get 1400TRX as a reward.
If user A invites user B and user B deposits and invests 10000TRX, you will get 300TRX as a reward.
If user B invites C again, and user C deposits and invests 10000TRX, you will get 100TRX as a reward and get a commission immediately.
Notice how their guide instructs the affiliates to let their friends “know that this is a very safe and reliable cloud mining investment platform.”
According to the published data, the platform has generated an income of 1,574,377.70 TRX in the last 6 hours and 33,806,699.70 TRX in the last 30 days.
As of November 3, 2022, this translates to $97,588.67 in 6 hours and $2,095,526.88 in 30 days.
While we can’t see any claims regarding investment yield on the homepage, they do claim you can be a “TRON Millionaire.”
Moreover, most services that offer making money from crypto mining, especially cloud mining, turn out to be scams.
So is TronCFD legit or scam? Read on.
Who is Behind Tron.cfd?
There’s no About us page, but on the homepage itself there is an About section, which says “We are at our best.”
Cloud mining offered a potentially cost-effective way of mining for Bitcoins Trx and other cryptocurrencies. At the same time, both Quantitative trading and DeFi technology will allow you to easily participate in blockchain transactions with a small amoun
At the bottom of the page they claim that among their global partners are Binance, Huobi, Tron, Coinbase, and more.
No information is available about who is behind the company.
No names, registered addresses, LinkedIn profiles, telephone numbers, social media accounts, or even email addresses.
The domain tron.cfd was registered on July 22, 2022 for one year. This is the registrant information from icann.org is:
Handle: C-937043
Name: hu da
Email: ng188188188@gmail.com
Phone: tel:+376.46734946
Kind: individual
Mailing Address: 221 Broadcast Road, Beacon Hill, Kowloon City, Hong Kong, Kowloon, Hongkong, 999077, HK
While the address is a Hong Kong address, the phone number’s area code (+376) belongs to the Principality of Andorra, a very small independent microstate between France and Spain.
Hong Kong’s area code is +852.
The address does not exist. Google Maps resolves it to either:
- 1 Beacon Hl Rd, Beacon Hill, Hong Kong, which is a Condominium complex
- or to Broadcast Dr, a nearby street that doesn’t have a number 221
We sent a message to the customer service chat, asking if they have a telephone number or address.
Their answer: “Room 2709, Marina Bay Union Mall, 8A, Marina Bay Avenue, Singapore, you can visit.”
We asked if there’s a company name, and they said: “TRONCFD TRON.”
They did not provide a telehpne number.
Android App
Tron CFD had an app on the Google Play Store. More than 5,000 people have downloaded it.
It was created by Mark B.Grant and is the only app from that developer whose Google Play page is now also defunct.
An email address is disclosed: troncfd@gmail.com.
This is the app’s description:
TRONCFD is a multi-chain decentralized asset management product serving the DeFi ecosystem. It integrates functions such as wallet, payment, transaction, wealth management, and mining. Its goal is to lower the threshold of use and provide users with a safe and convenient solution. Stop digital asset management services. TRONCFD has now released a browser plug-in version and a mobile version, which is currently applicable to multiple public chains such as Ethereum (ETH), Binance Smart Chain (BSC), and Huobi Ecological Chain (Heco), and is gradually expanding. At the same time, the TRONCFD team is committed to popularizing blockchain knowledge. In order to help more people understand and participate in DeFi, we will release a number of popular science tutorials at the same time to become a portal for everyone to understand and enter the world of DeFi. TRONCFD is a decentralized cross-chain product serving the Defi ecosystem. It integrates functions such as wallet, payment, transaction, finance, and mining, aiming to lower the threshold of use and provide users with one-stop digital asset management services. TRONCFD has released browser plug-ins and APPs, which are currently applicable to multiple chains such as Ethereum (ETH), Binance Smart Chain (BSC), and Huobi Ecological Chain (Heco). At the same time, the TRONCFD team is committed to popularizing blockchain knowledge. We will continue to publish various DeFi tutorials to help more people understand and participate in DeFi.
According to a screenshot from Google Play, the current yield is 2.10-2.30% for 24 hours. This seems to be too good to be true.
Domain Information
Since the domain is less than 6 months old, it would not be wise to trust it blindly.
According to the Semrush, the domain tron.cfd has a 0 authority score with 94 referring domains and 281 backlinks, but none of them from legitimate, trustworthy websites.
The domain seems to enjoy some popularity despite its novelty, with almost 7,000 unique visits during September 2022.
Tron.cfd Reviews
Next we turn to see how others reviewed tron.cfd.
We found the following customer review on TronCFD Scam Adviser.com’s review (read more here):
Someone ask me to join this platform, after joining this site gave me one day profit of 9% , 2nd day they asked me to invest 1000 TRX to continue earning as their company policy is changed and they hold my initial investment, I advise you not to invest on this site…
Wleo also found additional user reports, according to which at first investors do see returns reflected on their accounts, but afterwards a reinvestment is requested to enable withdrawal. One person wrote: “[…] after 5 days of 10% return they told me to recharge again […] if I don’t recharge my mining has become exhausted […] It’s totally 100% fraud […]”
We asked the customer support if there are any limits on withdrawals.
They answers: “Minimum withdrawal 100TRX.”
We asked: “Are there any limits on withdrawals? Because some people report that they cannot withdraw.”
They did not answer.
Review Conclusion: Tron CFD Scam!
Based on the information we have gathered for this Tron CFD review, our conclusion is that there’s a high probably that Tron.cfd is a SCAM website!
Not only are they hiding their names and information, but also they are offering a service that is known to be a scam.
Add to that the online scam reports we have seen, and realize why we do not recommend sending any money to Tron.cfd.
If you want to try the service, make sure to send a small amount of money that you can afford to lose, such as 100 TRX, and then if they allow you to widthdraw your earnings, reconsider your investment amount.
At any rate, please comment below this TronCFD review if you have any information about them and especially if you’ve lost money to this online scam!
If you have lost a significant amount of money for crypto scams, cryptocurrency tracing and recovery companies can help you recover your money.
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.