796 Exchange Review Scam or Legit broker

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Evolve Review: Scam Or A Legit Bitcoin Broker?

Nowadays, Bitcoin brokers are getting more and more popular. Evolve is one of the crypto brokers that seems to be among the most popular in the list of brokers. This is obviously because the value of cryptocurrencies grows by the day – and the popularity of these crypto exchanges is greater with every single day.

When it comes to our Evolve review, though, it is safe to say that we recommend this broker platform because of a number of reasons. First of them is the fact that Evolve lets you trade stocks, currencies, commodities, cryptocurrencies and similar instruments online. The payment gateways include MasterCard, PayPal and wire-based transfers through which you can withdraw or make a deposit.

Evolve makes everything simple. The blue interface brings the very best of the features when it cones to online trading. The brokerage firm has a platform that is the most trusted according to many – and an award-winning one that offers cross platform solutions for online traders. Equipped with handy features, the platform gives a flexible and interactive trading environment.

When signing up, you can choose one of the two types of accounts: the Classic and Pro (with the Pro being the better one). Even if you choose Classic, you can later on switch without a minimum deposit, which is a big benefit.

Evolve also offers two-factor authentication which makes it easier to trade crypto online. Traders can use the 2FA from MetaTrader 4 Password or Google Authenticator. There is no identity verification required, which keeps the entire process anonymous. So in the end, it is safe to say that Evolve is one of the best online brokers for Bitcoin, cryptocurrencies and a many other instruments.

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]

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Bitcoin Scams

ScammedBroker.com: The Story Behind A Fad (And What We Have Against Him)

February 12, 2020

This Investigation in relation to ScammedBroker.com. Fake reviews are a huge problem for everyone, especially people who own some kind of business. In the online world, it’s extremely easy to create an account and leave mostly negative comments regardless of whether that person has ever tried a specific service or a product.

Over the past few days, emails have been piling up into our business accounts inbox, all in order to warn us about people leaving fake reviews for a broker or an exchange. As the email progressed, it went on asking for money- $5oo USD to be exact – in order to remove the comment.

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Screenshot from the website

Our Investigative Reports Show That 80% Of Us Trust Online Reviews, Making These Attacks Serious

Fortunately, our team at DC Forecasts has tons of experience with cases like these – so we immediately jumped in to investigate this issue and provide our readers with a full breakdown of what actually happens when fake reviews and fads like this one appear online.

The attacks such as this one can have a huge impact on the business itself because about 80 percent of the people trust the reviews and every one-star review can increase the chances of decreasing the revenue. Online reviews have also a strong impact on the users’ decisions and it’s important to try and protect the users from similar attacks like the one mentioned above.

The Story Behind ScammedBroker.com

One website named ScammedBroker.com has recently targeted multiple brokers and exchanges on various platforms. Some of the names included the popular commenting plugin Disqus, where ScammedBroker user seems to be writing fake reviews geared towards the platform within a minute span, claiming that all of the brokers on the site are a scam. The website which offers its users to check a certain broker or exchange before investing and going into crypto trading reportedly has “years of experience” and that it “will help its users to make informed decisions.’

The website of ScammedBroker.com claims to also “use regulatory data and has a team of specialists that review each broker or exchange” to provide accurate information for all of those who need the information the most. However, in reality, this is far from the truth.

Leaving Bad Reviews For Brokers And Blackmailing Them For $500 To Delete Them

The emails we got were warning of this new ‘’review’’ website since they leave bad reviews for all of the brokers and exchanges and later are contacting the certain platform and blackmail it for $500 in order to delete the bad review.

If you take a look at their website, you can clearly see that all of the extended reviews are negative but there are also ads that claim you can earn huge amounts of money by clicking on them. The site has no partners and it’s relatively new and there is no address or further contact details in order to get in touch with them.

Our Team Has The Proof: A Recording Can Prove This Scam

As one of the leading websites reviewing brokers and being in contact with new clients all of the time, DC Forecasts is proud to take in on this matter. In fact, we already have proof on the ScammedBroker.com case – coming in the form of recordings where users can see how this website blackmails brokers while asking for money.

Shocking, terrifying and unbelievable are some of the ways to describe this fad. However, at the end of the day, it’s important to always have your eyes open and look out for scammers and attackers online. Whether they want to hurt your business or blackmail you for payments, you need to find the tool that works best for you to defend yourself from such attacks.

The team at DC Forecasts hopes that this review helped you see the value of information – and prevent taking part in cases like these in the future!

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YoBit Exchange Review: Legit or a Scam?

CoinSutra » Cryptocurrency » YoBit Exchange Review: Legit or a Scam?

Investing in Bitcoin is one of the latest buzzes around the tech world.

There is definitely high risk involved, but the potential for rewards is also high.

Even though there are many people who feel Bitcoin is a bubble, there are users who are using this potential bubble as a way of making a lot of money.

Another aspect of the Bitcoin boom is the other new coins which make up the entire “cryptocurrency ecosystem”.

Here at CoinSutra, we have covered many of these “altcoins”. The altcoins found on CoinSutra are technically sound based on the projects’ white papers, the considerable amount of work done, and the firm foundations these projects are built on.

Recently, I talked a little bit about Bittrex and Poloniex, two popular cryptocurrency exchanges. However, as these exchanges become more and more popular, getting an altcoin listed on them takes time.

This is why other cryptocurrency exchanges like Cryptopia, YoBit, and CoinExchange are becoming popular. Using these not so popular exchanges, you can get access to some new coins that big exchanges like Bittrex and Poloniex have not yet listed.

One great thing about getting a coin on a less popular exchange is that when one of these coins gets listed on BIttrex and/or Poloniex, you can expect a huge price surge.

Disclaimer: This is not investment advice; rather this is helping you to understand the mediums you can use to invest in cryptos.

In this guide, I will share with you a review of YoBit.net, a less popular cryptocurrency exchange which frequently adds new and lesser-known altcoins.

YoBit Exchange Review

YoBit is not a new name in the crypto world.

In 2020, YoBit was introduced on the BitcoinTalk forum. It offers many of the same features and characteristics of other cryptocurrency exchanges.

Here’s how their dashboard looks:

The interface looks a little outdated compared to something like Bittrex, but it is still good enough to easily trade cryptos.

Security of YoBit

YoBit offers two-factor authentication and a login verification email security feature.

Enabling two-factor authentication is optional, but it’s something you should enable as soon as you create an account. Regardless of which platform you use, this is one feature every cryptocurrency investor should use from day one.

YoBit also supports a ‘Freeze withdrawals’ feature in case you feel you are under attack. This feature can be accessed from the profile settings page.

InvestBox

One thing that I don’t like about YoBit is the lack of documentation offered about how to use the exchange.

For example, they have something called “InvestBox”, which is something similar to a lending program like the one Poloniex offers. But it lacks details…

Invest your free coins to InvestBox! It’s a tool for devs to promote their coins. It’s NOT Pyramid/HYIP, all payments are made from the special fund. InvestBoxes can change status from Active to «No coins», but you can close your investment any time, it’s 100% safe. To get InvestBox Payments for BTC, ETH, DOGE, LTC, DASH, WAVES – you need to Play minimum 5 Dice Games / day at these coins.

If you understand how InvestBox works, you can probably earn a decent amount of money. However, at this stage, I’m not a huge fan of trusting YoBit with too much of my money unless they improve their overall customer experience.

The best part about the YoBit exchange…

My favorite part of the YoBit exchange is how fast they list new coins.

This gives ample amounts of opportunity for smart investors to get these new coins during the initial phases. This also solves the problem of a new coin needing a wallet (because you can store them on the exchange). Note: As soon as a wallet comes out for a coin, you should move your coins there.

One important thing to know:

  • Any company can list their coin on YoBit for a small fee.

This is important to know because many “scam coins” can easily be listed on this exchange.

So, you have to be extra cautious because having a coin listed on YoBit does not make it reliable. So if you see a coin which is proudly promoting itself as being listed on YoBit, don’t get too excited.

Also, since YoBit keeps adding new coins, they often don’t have the support needed for those coins’ wallets. This means that you won’t be able to withdraw some of your “shit coins”.

I know it sounds risky and I hope it doesn’t happen to you, but it’s an important thing to know.

Other features:

  • YoBit Dice: A gambling feature where you can bet with any coin of your choice.
  • Support: They offer support via a ticketing system which you can access from your dashboard.
  • Language: The site is available in English, Russian, and Chinese language.

Conclusion: Is YoBit A Legit Exchange?

YoBit is definitely not a scam exchange, and you can safely use it to trade cryptocurrencies.

However, they are not as polished as other options like Bittrex, Cryptopia, and CoinExchange (to name a few).

If you want to get ahold of certain cryptos which are only available on YoBit, you can certainly do that.

But you should always be aware of the risks involved in crypto investing.

Have you used YoBit to exchange cryptocurrency? How was your experience? Share your review of YoBit in the comments section below!

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An award-winning blogger with a track record of 10+ years. An international speaker and author who loves blockchain and crypto world.

After discovering about decentralized finance and with his background of Information technology, he made his mission to help others learn and get started with it via CoinSutra.

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