TradeHash (Tradehash.net) is a binary and Cryptocurrency brokerage firm. It should be noted that this is an offshore brokerage firm that is a scam. No positive review is floating around and the only positive review has been doctored. We have received numerous email complaints from users who have been swindled by TradeHash. The best thing we decided to do is do a detailed and thorough review. This was our findings.
According to the homepage, they claim that this is the right place for online trading. Well, we have to give it to them, they have a user-friendly website. Question is, does this mean we are dealing with a legit binary and Crypto broker? Hell no! It is simply a way scammer ensure that investors believe they are signing up with the real deal.
Some of the sleazy promises can easily be identified such as placing trades on best conditions. What are these best conditions and how does the platform get to having these best conditions? Having a minimum deposit of $300 is also higher than the required accepted standards of $250. They also claim to have more than 100 trading assets available for use.
Lies we immediately spot is regarding social trading. One trick that we can expose is that they use another scam’s name on their homepage. Copy Trade is another scam that had hit the financial market and we believe these are the same guys. So much for having a user-friendly interface.
Trade Hash has one of the lamest claims in the world. When you scroll down their homepage, you will see a list of some of the best trades. Top of the list is Alexander D who has over 133 trades so far. According to the list, he had made over $12,000.87 in profit. Problem with this statement is the name.
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Note: If your language is not English, you should use the language dropdown menu at the top of their page to select your language.
As we earlier stated, this is a copied scam of Copy Trade and Alexander D is the smoking gun. He was also used as the most successful trader on Copy Trade. Now you see the mistakes piling up regarding TradeHash.
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According to their website, you can get rewards and achievements by simply using TradeHash. One such user was Sarah who got gems for trading. She used these gems and would later regret using them. Problem came when she decided to withdraw her profits. TradeHash made it impossible for her to withdraw claiming she had not reached the trade volume required to warrant withdrawal.
According to the strict rules and regulations set, you are not supposed to get any form of a bonus. Bonuses and rewards are prohibited in the trading world as they promote unfair trading practices. This is why we believe trading with Trade Hash is a big liability.
According to the website, trade hash has web platforms that can be used on any device. Problem with this statement is that we tried downloading the platform on different devices. Problem was that we could not get full access as download stalled at 58%. How this happened was a major problem as it proves their platform is unstable.
We also noticed that their platform has no real protection. No SSL encryption which means hackers can easily gain access to their website. If hackers can do this, it means they can get access to your funds and steal from you. Now you know better than to deposit with Trade Hash.
Folks, one visible mistake that these scammers make is having a fake demo account. Even their demo account is a copied demo account from a previous scam. Yes, they have used a demo platform used by another scam called SuperTradeOption. One can easily see the label of Super Trade Option on the top left-hand side of their homepage.
What this means is that the entire platform is nothing but a shoddy deal that steals money from users. Once you deposit your money with Trade Hash, it’s as good as gone. Why would they use a demo account from a known scam? We can only derive that we are dealing with the same scammers who came up with Super Trade Option.
According to the website, there are a few depositing and withdrawing options for members. Some of these platforms include MasterCard, Maestro, Visa, OKPAY, WebMoney and EPay. All these are certified and known depositing and withdrawing platforms all over the world. It is easier depositing with Trade Hash, wait till you want to withdraw.
Withdrawing with TradeHash is a huge problem for any member. We have not heard of a member who has successfully withdrawn with this platform. It simply means that these scammers want you to deposit money and stay with it. Only scammers are known to pull such stunts.
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With TradeHash, members are promised to get more with affiliate programs. This means that you can invite your friends to sign up and get rewards. Note that this is a scam and both you and your friend are being targeted. Scammers want to sign up as many people as they possibly can before winding up.
We have seen this happen countless times. People being asked to refer friends and family members only for them to lose all their money. Imagine you being the cause of your friends losing a huge chunk of money? This shouldn’t be the case. Different types of promo materials on hand are just a ploy to make you help these scammers sign up more members.
Commissions for referrals are also a big scam tactic. No matter what you choose, you will never get any money from these guys. The only thing you will get is problems and more problems.
According to the disclaimer on their website, Trade Hash is owned by Gembell Limited. This company is apparently registered in the Marshall Islands. We conducted thorough research using the registrar of companies regarding Gembell Limited. According to the registrar, no such company has ever been registered with such a name.
This makes what we have been claiming all along valid, TradeHash is nothing but a scam. The best thing you should do is avoid it like the plague.
Facts and evidence produced clearly indicate that we are dealing with a scam. From being unregistered to using other scam materials, we are sure TradeHash is a scam. How they have managed to scam millions without being caught is still a mystery.
Since the evidence produced is overwhelming, we have no other option but to blacklist TradeHash. Law enforcement authorities are asked to take a look at Trade Hash and bring the site down. No one will lose sleep if scammers are brought to book.
Consider getting the best binary options signal providers for your trading needs. You will trade comfortably knowing that your money is safe and protected. Get only the best binary options signal providers that trading community recommends. You stand a chance of making real money. Trade safe and we wish you all the best.
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