Warning: Is Coinivate a Scam?

Is Coinivate (coinivate.net) a Scam?

Be wary of Coinivate (coinivate.net); it shows many characteristics of a fraudulent scheme.

We found that the company name is Coinivate, it is located at Estonia, the phone number is '+46812112730, and the support email is support@coinivate.net.

Coinivate presents itself as a financial provider, but it appears currently illegal by any credible commission, like the ASIC or CySEC.

Scammed by Coinivate?

If you believe you have been defrauded by Coinivate, act immediately. Submit the form below to talk to our cyber-forensics team for a free case evaluation.

Can You Trust Coinivate?

Our investigation shows that Coinivate does not hold a valid license.

Investing with unlicensed firms is very dangerous. Real firms are always authorized with agencies like the FCA, CySEC, or CFTC to ensure consumer safety.

Coinivate lacks this supervision. This means there is no protection if they keep your money. Many online scams involve unregulated entities, and recovering money from them is challenging without professional assistance.

For instance, in the UK, unauthorized firms are not covered by the compensation schemes. In America, they are not members of SIPC, so your money is completely exposed.

How They Steal Money

Online trading fraud is evolving. Criminals use psychological tricks to take your savings. Here are common methods seen in brokers like Coinivate (coinivate.net).

Dating App Scams

The "Romance Scam" is a common method where scammers build trust over months. They fake a romance online. Eventually, they mention a "lucrative" investment. It's a trap to lure you onto a fake platform .

Fake Trading Dashboards

Fraudsters build websites that look exactly like real trading apps. You see graphs and profits that go up. But it is a fake. The broker controls the numbers to make you feel rich to deposit more. If you ask for a payout, the "profits" disappear.

Other Warning Signs

• Unsolicited Contact: They call you from "brokers" you don't know.
• Unregulated: The firm lacks authorization.
• High Returns: They promise huge profits with no risk.
• Withdrawal Issues: You cannot get your money out. They ask for "tax fees" first.
• Aggressive Sales: "Account managers" push you to invest bigger amounts.

Ignore positive ratings. Scammers often post their own positive comments to look legitimate.

Final Thoughts

Our verdict is to avoid Coinivate. It is likely a fraud. Protect your money and use a licensed broker. Avoid coinivate.net at all costs.