BaFin issues a warning against CryptosMarket On Aug 5, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered on the website cryptosmarket.org for lacking the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_08_02_cryptosmarket_org_en.html;jsessionid=6403E2934A5BA8EFCBA1BD0C95461F56.internet971

BrokersView has Reviewed that CryptosMarket is an Unregulated Forex Broker According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA).In addition, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered on the website cryptosmarket.org for lacking the required authorization.In essence, CryptosMarket is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.CryptosMarket appears to be a scam.

BrokersView has identified that CryptosMarket's website is currently offline BrokersView found that the domain "https://cryptosmarket.org;https://crypto-markets.net" are currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

CryptosMarket scam broker? CryptosMarket is a scam.The broker lacks regulatory oversight. We found no information indicating that it may be subject to regulations. In addition, the Federal Financial Supervisory Authority (BaFin) has issued a warning against CryptosMarket, advising investors to stay away from the scam. BaFin also noted that the website's content and designs are similar to other fraudulent platforms.Therefore, we suggest investors avoid using CryptosMarket. To have a safer trading environment, it is prudent to choose fully regulated brokers. View Source

CryptosMarket scam, profits and principal will not be given I'm trading cryptocurrency on CryptosMarket, but I can't withdraw coins or withdraw money, and I can't contact customer service. View Source