Swiss-trade.co Review: Is SwissTrade A Scam Or Legit?

Photo of author

Written by: Stelian Pilici

Published on:

Swiss-trade.co is a website that claims to offer cryptocurrency trading services. However, there are many red flags that indicate that Swiss-trade.co is a scam and not a legitimate platform.

Swiss-trade.co scam

What is Swiss-trade.co?

Swiss-trade.co is a website that claims to be a Bitcoin cryptocurrency trading platform. It boasts of having a team of experts who can help users make profitable trades and earn passive income.

However, these claims are false and misleading. Swiss-trade.co is actually a scam that aims to deceive unsuspecting users and exploit their financial resources. Here is how the scam works:

  1. Swiss-trade.co lures users with fake promises of high returns and low risks.
  2. Swiss-trade.co asks users to register on its website and provide personal and financial information.
  3. Swiss-trade.co then asks users to deposit a minimum amount of money (usually $250) to start trading.
  4. Swiss-trade.co either does not allow users to withdraw their money or asks them to pay more fees or taxes before they can do so.
  5. Swiss-trade.co eventually stops responding to users’ queries or complaints and disappears with their money.

Here are some of the reasons why you should avoid Swiss-trade.co at all costs:

First, the website does not provide any information about the company behind it, such as its name, address, registration number, or license. The only contact details are an email address and a phone number, which are not enough to verify the legitimacy of the business.

Second, the website makes unrealistic and exaggerated claims about the returns and profits that investors can expect from trading with them. For example, the website states that investors can earn huge return on investment with their professional team of traders, but does not provide any evidence or testimonials to back up this claim. The website also promises instant withdrawals and multiple payment options, but does not specify any fees or charges that might apply.

Third, the website has a poor reputation online, as there are several complaints and negative reviews from users who claim that they have been scammed by Swiss-trade.co. Some users report that they have been unable to withdraw their funds, while others say that they have been pressured to deposit more money or to pay taxes or fees before they can access their profits. Some users also warn that the website is using fake or stolen awards and logos to deceive potential customers.

What should you do if you have usded Swiss-trade.co?

  • Contact your bank or financial institution: If you have paid with your credit card or debit card, you should contact your bank or financial institution as soon as possible and request them to cancel the transaction and refund your money. You should also report the website as a fraudulent site and ask them to block any future charges from it.
  • Change your passwords: If you have created an account on Swiss-trade.co or used the same password for other online accounts, you should change your passwords immediately. You should also enable two-factor authentication for your accounts if possible. This will prevent hackers from accessing your accounts and stealing your personal information.
  • Beware of phishing emails: You might receive emails from Swiss-trade.co or other sources claiming to be related to your order or offering you discounts or refunds. These emails are likely to be phishing attempts that aim to trick you into clicking on malicious links or downloading attachments that can infect your device with malware or steal your information. You should delete these emails and do not open any links or attachments from them.
  • Use a browser-based content blocker, like AdGuard : Content blockers help stop malicious ads, Trojans, phishing, and other undesirable content that an antivirus product alone may not stop.
  • Scan your device for malware. If you suspect your device is infected with malware, you can run a scan with Malwarebytes Anti-Malware Free.

Swiss-trade.co Final Thoughts

In conclusion, Swiss-trade.co is a scam website that you should avoid at all costs. It has many red flags that indicate that it is not trustworthy or reliable Do not waste your time or money on this website, as you will likely end up disappointed or scammed.

How to Stay Safe Online

Here are 10 basic security tips to help you avoid malware and protect your device:

  1. Use a good antivirus and keep it up-to-date.

    Shield Guide

    It's essential to use a good quality antivirus and keep it up-to-date to stay ahead of the latest cyber threats. We are huge fans of Malwarebytes Premium and use it on all of our devices, including Windows and Mac computers as well as our mobile devices. Malwarebytes sits beside your traditional antivirus, filling in any gaps in its defenses, and providing extra protection against sneakier security threats.

  2. Keep software and operating systems up-to-date.

    updates-guide

    Keep your operating system and apps up to date. Whenever an update is released for your device, download and install it right away. These updates often include security fixes, vulnerability patches, and other necessary maintenance.

  3. Be careful when installing programs and apps.

    install guide

    Pay close attention to installation screens and license agreements when installing software. Custom or advanced installation options will often disclose any third-party software that is also being installed. Take great care in every stage of the process and make sure you know what it is you're agreeing to before you click "Next."

  4. Install an ad blocker.

    Ad Blocker

    Use a browser-based content blocker, like AdGuard. Content blockers help stop malicious ads, Trojans, phishing, and other undesirable content that an antivirus product alone may not stop.

  5. Be careful what you download.

    Trojan Horse

    A top goal of cybercriminals is to trick you into downloading malware—programs or apps that carry malware or try to steal information. This malware can be disguised as an app: anything from a popular game to something that checks traffic or the weather.

  6. Be alert for people trying to trick you.

    warning sign

    Whether it's your email, phone, messenger, or other applications, always be alert and on guard for someone trying to trick you into clicking on links or replying to messages. Remember that it's easy to spoof phone numbers, so a familiar name or number doesn't make messages more trustworthy.

  7. Back up your data.

    backup sign

    Back up your data frequently and check that your backup data can be restored. You can do this manually on an external HDD/USB stick, or automatically using backup software. This is also the best way to counter ransomware. Never connect the backup drive to a computer if you suspect that the computer is infected with malware.

  8. Choose strong passwords.

    lock sign

    Use strong and unique passwords for each of your accounts. Avoid using personal information or easily guessable words in your passwords. Enable two-factor authentication (2FA) on your accounts whenever possible.

  9. Be careful where you click.

    cursor sign

    Be cautious when clicking on links or downloading attachments from unknown sources. These could potentially contain malware or phishing scams.

  10. Don't use pirated software.

    Shady Guide

    Avoid using Peer-to-Peer (P2P) file-sharing programs, keygens, cracks, and other pirated software that can often compromise your data, privacy, or both.

To avoid potential dangers on the internet, it's important to follow these 10 basic safety rules. By doing so, you can protect yourself from many of the unpleasant surprises that can arise when using the web.

Previous

Radiantelysium.com Review: Is Radiantelysium A Scam Or Legit?

Next

Remove Ringawedoes.live Pop-up Ads [Virus Removal Guide]