Etchrg.com Review – Zero Transparency As The Key Problem

Even at first glance, the company’s website has problems. First, it doesn’t reveal any legal information, such as addresses, owners, or contact options. Second, it doesn’t provide transparent access to the platform.

Consequently, with such low transparency, what can you expect but to get scammed? Nevertheless, our advice from this Etchrg.com review can surely help you avoid future scam attempts.

Legal info: Is Etchrg.com Legit or A Scam?

Regardless of the company’s transparency, it should have a license to operate in the crypto trading world. Those required licenses are called DASP or VASP (Digital/Virtual Asset Service Provider). The most trusted ones usually come from authorities like FCA, ASIC, BaFin, and other top-tier regulators.

However, the problem is that none of these databases have records of Etchrg being licensed. Clearly, it’s a sign to stay away from them. Don’t trust them if they mention funds protection features like segregated accounts or other security measures. It’s all designed just to rip off traders and vanish with their funds.

Who are Etchrg.com’s Victims?

With the domain registered in 2024, it’s not surprising we can’t see any Etchrg.com reviews. Luckily, website traffic can show us the primary targets of this exchange. Those are: 

• Saudi Arabia
• Egypt
• United Arab Emirates
• Kuwait

Other firms that have similarly anonymous businesses are Bsetcoinss and Netbtccoin. We strongly recommend you check our reviews about them as well. Ultimately, if any of these firms hold your crypto, contact us for recovery assistance.

Leverage, Commissions, Spreads, Fees and Taxes

It is important to realize that Etchrg.com exchange doesn’t share trading costs with the public, and we couldn’t find any after registration. Consequently, you can expect trouble while investing with them. To avoid that, simply stick to licensed firms.

Bonuses

Usually, with exchanges, traders get bonuses when new ICOs (initial coin offerings) are being made. We can’t expect such promotions since this firm doesn’t offer much. But if you get some, you won’t know the conditions since legal documents don’t exist.

Etchrg.com Trading Features

Besides regular exchange services through third parties, with Etchrg.com crypto exchange traders can also participate in staking programs. 

These programs require 5.000 USDT and can last between 7 and 90 days. Return rates are fixed, and traders can expect 1-9% annually depending on the program chosen.

Trading Platforms Available

Important to realize is that this firm doesn’t offer any charting features, proprietary purchasing options, or Etchrg.com app.

Therefore, you’ll have to scan and analyze cryptos on other platforms and then use this one for what you want. Then, you can stick with that other exchange where you track your crypto.

Available Trading Assets

Once we completed the Etchrg.com login process, we could see there were only 16 cryptocurrencies available for trading. Mainly the most popular ones are offered, such as: 

• BTC
• ETH
• BCH
• ETC
• BSV and a few more

Account Types

If you want to improve your staking percentages, you must choose one of five VIP membership offers. Each offer requires a higher deposit but also gives a higher return. 

The problem is that the cheapest option is only available for one month, and then it’s automatically canceled. Practically, they are forcing you to deposit more money this way. In any case, all options are: 

• VIP 1 50 USDT
• VIP 2 1.000 USDT
• VIP 3 3.000 USDT
• VIP 4    55.000 USDT
• VIP 5 100.000 USDT

Mobile Trading App

To sum up, no. As can be seen, the company’s web-based platform doesn’t exist, not to mention mobile apps, especially not trusted ones.

Demo Account

A demo account is another feature that’s not even necessary with this scam firm. With the platform absent overall, a demo feature is not needed.

Education

On the other hand, to trade cryptocurrencies safely, you better equip yourself with proper knowledge. Otherwise, these crypto exchanges can manipulate you as they want. 

After all, that’s why they don’t offer any educational programs whatsoever. They want to keep you crypto-illiterate.

Etchrg.com Withdrawal

Understandably, for the Etchrg.com withdrawal procedure, traders should have maximum patience. With unclear fees, there could be a lot of manipulation around it. 

But before you get to that point, you can expect other irregularities. Such as the ones with verification of your account, compliance with AML and KYC laws, etc. But we strongly recommend you don’t bite too much. Otherwise, it might cost you.

Customer Support

When it comes to customer service, that’s another disappointing thing with this firm. The only option available is live chat, and to be fair, they can easily ignore you there. If you are looking for a withdrawal, good luck.

Key Information To Consider About Etchrg.com

Nothing about the Etchrg.com scam company looks promising, starting from their website and platform. Not to mention, they are an absolutely anonymous and unregulated firm that wants your money. If you trust them, make sure you also know how to recover your money.

In case you don’t know, feel free to send us a message and get a consultation from our refund specialists. Tools like CipherTrace our team uses can be helpful in crypto scams. Primarily because it can track crypto transfers and help find your money. Don’t waste any time and contact our team right away.

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