On the leverage market, you will be able to increase your buying power up to 5 times which means that your potential profits increase by 5 times. Normally, if you would make a profit of 20% in the market, with the leverage tokens of 5x leverage, this gain would result in a 100% profit. Keep in mind though, leverage products dekado coin increase the level of risk as well and your losses can potentially be greater than normal. This platform has extra security features such as cold storage wallet or insurance funds for maximum safety. The top crypto exchanges that have Dekado available for trading, ranked by 24h trading volume and the current price.

dekado coin

The benefit of Decoin is that both active day traders and passive investors can use the platform. For day traders, the trading interface has all the tools you need to execute fast scalping and carefully designed swing trades. If you are a passive investor who relies on letting your money do all the work for you, then the DTrade social platform will call your attention. Here you can choose among some of the top traders on the exchange, copy their trades, and let them do the work while you provide the capital. The SEC accused the operators of Forsage of raising $300mn from at least January 2020 through an unregistered securities offering. The civil charges came just weeks after the regulator charged a former employee of crypto exchange Coinbase with insider trading related to coin listings.

Decoin offers all members a fiat gateway to buy cryptocurrencies with a credit card. This opens up great possibilities for everyone on board as you can deposit your fiat currencies instantly and own your favorite coin on Decoin in a matter of minutes. This is something that I would definitely use when I day trade and I highly recommend that you give it a try when you test the exchange. Another major crypto Ponzi scheme, Bitconnect, launched in 2016 as a Bitcoin lending solution promising monthly returns of 40%.

Our own experience with Decoin

I like to see exchange operators that take advantage of new trading technologies as we see on Decoin. Like GainBitcoin, Mining Max also used an ostensible cloud mining venture to mask the true nature of its illegal operations. The platform promised investors an avenue to capitalize on widespread crypto hype. Mining Max pitched the idea of participating in a multi-crypto mining ecosystem, which had the potential of generating high returns. However, just like every other crypto Ponzi scheme, much of the business model relied on heavy marketing campaigns geared at attracting new investments. It is a social crypto exchange driven by new trading technologies, copy trading, staking mechanisms, cold storage wallets, and several other features that are designed for crypto investors.

We only work with entrepreneurs who are unafraid of failure, who seek advice and implementation building ventures that disrupt industries. Just downloaded qt wallet 1 week back bought 100 Dekado coins gor 60$ but them in Staking in qt wallet now i am getting 12 coins daily. On top of that, once you click and provide them with your e-mail and contact number they will ring you immediately and promise you anything to make you deposit money with them as fast as possible.

Our opensource ecosystem, lets you learn, trade, stake your DEKADO coins, with ease and ingenuity. The DEKADO ecosystem is not only self-regulated but also completely transparent. Because they are not subject to any laws or restrictions imposed by financial regulatory organizations, they are free to trade as they see fit. Choosing an unlicensed platform comes with its own set of disadvantages. There is also the insolvency protections that unregulated platforms does not have access if they go bust.

  • Problem with unregulated investment platforms is that they are not reliable and abuse the regulations.
  • The operators were unknown developers headed by an individual named Satao Nakamoto, which is obviously a pseudonym.
  • There are currently 0 Dekado coins circulating out of a max supply of 0.
  • In 2016, GainBitcoin emerged as an India-based cloud mining solution with the promise of generating monthly returns of 10% for 18 months.
  • But every time a trader wanted to withdraw their tokens, the platform did not allow it citing ‘technical glitches’.

This article features the 10 crypto Ponzi schemes that ravaged the digital asset market in 2022. At Trading Browser we aim to protect the end-user by delivering content that is fully transparent and aimed at user experience, trust, and security above all else. In a nutshell, we are a crypto guide with the right ambitions and values. Trading Browser is a global crypto guide for all traders and investors and our focus is always to deliver high-quality content for you, our readers.

Why use Decoin

This fee can be reduced by trading with the native cryptocurrency DTEP. The fee for withdrawing Bitcoin from the platform is BTC 0.005. After creating an account and verifying your ID, head over to the Buy Crypto tab in the main menu. You will be asked to enter the amount you want to buy, which fiat currency you want to pay with, what cryptocurrency you want to buy, and then which payment method you want to use. Credit card payments will be the fastest option and Bank transfers are the cheapest alternative.

dekado coin

In the markets tab on the home page, you will find all leverage products that offer up to 5x leverage on several coins. Also are we looking for Dekado to list on any other exchanges?? DEKADO coin has been built with the vision to deliver true, financial freedom to the entire community through the ongoing crypto currency revolution. State CID on Thursday unearthed another cryptocurrency scam from Surat. Police have so far got complaints of Rs 1.26 crore, but according to CID sources, the actual scam figure and the number of victims are likely to be much bigger. You ought to receive an instant reply to your query, if not fast.

crypto Ponzi schemes used funds from new investors to pay fake “returns” to earlier investors

An overview showing the statistics of Dekado, such as the base and quote currency, the rank, and trading volume.

dekado coin

The safety of your money is a top factor to consider in any platform. Investing your money with anonymous platforms not only puts your money at risk. Your data may fall into the wrong hands attracting criminal activities during the registration process. The maker and taker fee for entering and exiting the market is 0.15%.

From here, select the digital asset you wish to withdraw, and follow the instructions. The only minor pitfall I can point out is the lack of a live chat and educational material for beginners. These two aspects would make things easier for all beginners coming to the platform as there are plenty of questions regarding new technologies where a live customer support agent would solve a lot of mysteries. An educational https://cryptolisting.org/ hub would also give new investors a quick run-through of the most important aspects of crypto trading to avoid some of the early beginner mistakes. In regards to tradable assets and markets, you have the option to enter the spot trading where you will find plenty of trading pairs where legacy coins are mixed with several new coins. If your game is leverage trading there is something for you as well.

Related Coins

Nevertheless, fraudsters cut off communications upon receiving your money. It is improbable to deliver a friendly interface without proper customer relations. Active customer support assists in determining more trust in the company.

The former Coinbase staffer said through his attorney that he was “innocent of all wrongdoing”. When reviewing the trading interface I was happily surprised to see that the Decoin team had incorporated a multichart view. Instead of following one market, you can now follow 4 different markets or your favorite coin in 4 different time frames. This is incredibly useful for day traders and technical traders who rely on reading crypto charts to make good decisions. Unregulated investment scams, in particular, are usually operated anonymously. They usually target traders and investors with little or no experience by promising fictitious investment opportunities.

There is no recent price data for this coin, because we don’t see trading activity currently. Dekado Consulting, is a strategic investment and advisory firm empowering blockchain investors, funds, startups and entrepreneurs to reach their liquidity goals. Over the years we have consulted and helped start-up companies in these fields and are now fully immersed in the future of blockchain technology.

After reviewing the exchange it’s safe to say that the team did just that and they even went beyond the plan and created something very interesting. A list of the top Dekado markets across all crypto exchanges based on the highest 24h trading volume, with their current price. In 2016, GainBitcoin emerged as an India-based cloud mining solution with the promise of generating monthly returns of 10% for 18 months. As ridiculous as this sounds, the project attracted no less than $300 million worth of investment from Indian investors. In 2017 it became clear that there was neither physical mining equipment nor any mining operations backing the elaborate scheme. Dekado is great coin and giving superb return of amount…truly a decentralize and trading through different exchanges is so easy …getting pos coins regularly ..

Some of our platform recommendations might be our partners and we may earn money through our links on our website but this does not change our opinions as all our recommendations are our own. Through the DTrade social platform, you can see experts trade live and you can even opt-in to follow their trades via auto-trade. It is a great way for beginner traders to learn from the pros and see exactly what it is they are doing before they execute trades and also how they manage the trade until they exit the markets.

The team on Decoin is constantly monitoring all withdrawal actions on the exchange to see if any suspicious withdrawal attempts are being made. If something unusual appears it will get flagged immediately through the latest technology, including malware protection for your browser. However, these minor bumps do not change my opinion about Decoin. I still think it’s a great addition to the crypto community and I can see how they have gotten such a good reputation so quickly. I recommend all our investors and traders to give it a try to see for yourself. In this section of our Decoin review we have highlighted 6 special features that sets them apart when compared to other platforms.

Ultimately, the fraudsters convinced investors to boost their earnings by buying the project’s token, PlusToken. One of the 10 crypto Ponzi schemes that ravaged the digital asset market. Like other scammers, Ether Trade Asia posed as a crypto trading platform, offering 3% daily returns on investments. But every time a trader wanted to withdraw their tokens, the platform did not allow it citing ‘technical glitches’.

Onecoin is perhaps the longest-running Ponzi scheme ever witnessed in the crypto industry. Founded by the Bulgarian fraudster Ruja Ignatova, aka Cryptoqueen, Onecoin managed to lure investors in their numbers between 2014 to 2019. During this period, the Ponzi scheme was said to have defrauded investors of $5.8 billion by marketing Onecoin as a “Bitcoin Killer” and the next hottest innovation in the crypto industry. Yes, traders and investors from the United States are welcome to use the exchange.


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