Is Asixtrader Legit or Another Scam? The Truth Revealed

Recently, Asixtrader.com service appeared, promoting itself as a place where you can safely keep cryptocurrency and other assets. I managed to gather credible supporting information that clearly confirms it is, actually, a scam platform.

Despite what Asixtrader site states, they won’t return your funds. Despite the numbers displayed in the “member area”, there is zero way to withdraw even a single coin. All pledges regarding crypto rewards are empty as well.

It is better to prevent, than repair and repent!

When we talk about the intrusion of unfamiliar programs into your computer’s work, the proverb “Forewarned is forearmed” describes the situation as accurately as possible. Gridinsoft Anti-Malware is exactly the tool that is always useful to have in your armory: fast, efficient, up-to-date. It is appropriate to use it as an emergency help at the slightest suspicion of infection.

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Asixtrader Scam Overview

The key feature that Asixtrader aims to provide is a protected and user-friendly crypto wallet service. The website pledges exchange facilities, tools for controlling wallets, transfers, dashboards, and similar functions. In fact, they endeavor to emulate the functionality of a crypto trading platform, like Binance or Coinbase. However, it in fact only serves as a shell needed to lull the vigilance.

Asixtrader Scam

First and foremost, Asixtrader mimics the layout of multiple equivalent online platforms. There are quite a few examples, like Arbitraded, Aptosf or Activefinancial. They are completely indistinguishable in terms of visual elements, with minor discrepancies in the site header. Other details, and at times even crypto wallet addresses, are matching. Probably, all these fraudulent sites are operated by a single gang of fraudsters.

Cryptocurrency Scam Summary

How the Asixtrader Scam Works?

Asixtrader is yet another online platform within a extensive network of linked crypto fraudulent webpages. The managers utilize different brand identities and sites, like Asixtrader.com, to capture victims. Nevertheless, these deceptive websites possess the same designs, terms of service, and About information. This unveils their sources as parts of the equal fraudulent network, which promotes the same mode of fraud under diverse appearances. The fraudsters merely duplicate the equal deceptive website under various names to mislead users into assuming they are enrolling a fresh venture. However, in reality, it’s the equal group of fraudsters orchestrating the fraudulent pledges and undertakings to grab deposited money. The operators shrewdly make use of psychological maneuvers and enticing offers to execute their unscrupulous plots.

Step 1: Spreading

To start the scam, criminals create and fill accounts on well-liked social media platforms. They primarily focus on Facebook, Instagram, Twitter, and TikTok. Subsequently, the promotional campaign starts. Employing bots and sponsored advertisements (when feasible), fraud actors boost the visibility of their deceptive activities to possible victims. This strategy allows them to cast a wide net and connect with their targeted viewers. The audience usually comprises of cryptocurrency fans seeking opportunities to make profits.

Users get a stimulus to sign up, drawn by the commitment of obtaining crypto benefits valued at hundreds of dollars, all for free. To enhance the appeal of the offer, false claims of sponsorship by a celebrity are incorporated. As you may guess, these assertions are completely baseless.

Step 2: Gaining Traffic

Users who show interest check out Asixtrader.com via links featured in promotions or bot-generated posts. The site uses captivating visuals, design elements that appear legitimate, and claims of holding a valid license, all aimed to convey an initial perception of credibility.

Step 3: Data Gathering

To claim their prizes, users are required to proactively sign up on Asixtrader and get guidance to provide sensitive and personal data during the sign-up procedure. This comprises linking their cryptocurrency wallets, sharing email addresses, supplying phone numbers, submitting identification documents, and the like.

Step 4: Requesting funds

Once registered, users notice considerable amounts of cryptocurrency, valued at thousands of dollars, within their Asixtrader wallets. Nonetheless, as is common with such rewards, you cannot withdraw them before making a deposit. Usually, a funds transfer of $100 is required to get the sign-up bonus. This condition serves as the trap that eventually leads to the money loss.

Step 5: Disappear

The instant the payment is made, the scammers terminate all communication. They move forward to restrict users, erase accounts, and abscond with both the submitted capital and essential private details. The fabricated benefits remain perpetually uncredited, as they lack real existence. They act purely as a fraudulent ploy. This approach forms the foundation for the scammers’ ability to deceive victims and misappropriate hard-earned funds through their double-dealing internet-based crypto scheme.

Signs of Scam

I gathered several facts that point at the scammy nature of the Asixtrader.com. Actually, there are a lot of scams that fall under the same points, so they are pretty much universal.

• Unsubstantiated Credibility. Asixtrader employs fraudulent celebrity endorsements, often featuring names like Elon Musk, Jeff Bezos, Mr. Beast, and Mark Zuckerberg. These false claims extend to fictitious partnerships with reputable entities like Coinbase, Binance, or MetaMask, despite the absence of genuine connections.
• Implausible Earnings Claims. Promising remarkable returns of 50-100-200%, Asixtrader exploits the longing for quick profits. However, such gains are unrealistic within the volatile cryptocurrency landscape, unequivocally identifying Asixtrader as a scam.
• Dubious Corporate Information. Asixtrader arouses suspicion by providing inadequate documentation about ownership, location, and registration. Furthermore, the lack of legitimate contact information and the recent registration of domain and social media profiles deepen skepticism.
• Exclusive Cryptocurrency Payments. Asixtrader.com solely accepts payments in cryptocurrencies, refraining from traditional bank transfers and other payment methods. This approach not only shrouds the company’s identity but also prevents the possibility of requesting refunds.
• Potential Pyramid Scheme. The scam relies on a Ponzi-like referral structure disseminated through social media. Nevertheless, only initial participants profit, often at the expense of funds brought in by subsequent members.
• Groundless Hype Tactics. Asixtrader utilizes fabricated claims about non-existent events, such as securing contracts with Coinbase or receiving endorsements from Elon Musk. This manipulative strategy aims to foster belief in money returns and encourages individuals to top up their accounts again.

What Should I do as a Victim?

If you had to deal with Asixtrader site and fell victim to that scam, there are still some steps to take. They will make further scam attempts harder, and also boost the knowledge about that scam among folks.

• Immediate Reporting. Your initial step should involve promptly notifying local authorities specializing in financial fraud. Extend your reach by reaching out to wallet providers and engaging with social networks’ technical support teams. These actions serve to raise the bar for the scammers’ operations.
• Share among Friends. Amplify your efforts by informing your close friends about the scam. Similar to informing authorities, this dissemination of information restricts the scammers’ potential victim pool.
• Preserve Crucial Information. Compile a comprehensive evidence archive by capturing screenshots and archiving all relevant website-related data. Collect the website URL, screenshots of the main page, login interface, end-user license agreement (EULA), account top-up menu, and wallet addresses. These records could provide vital clues for authorities in their pursuit of the scammers.
• Exploring Refund Options. While most banks’ refund policies may exclude cryptocurrency payments, it’s advisable to explore potential refund avenues under specific circumstances. Maintain hope until you obtain confirmation of the loss.
• Transform Loss into Knowledge. Turn your financial setback into an opportunity for growth. View your loss as an investment in understanding the strategies employed by crypto scam sites. Familiarize yourself with their telltale characteristics, the methods they employ to entice individuals, and the extravagant promises they make. Equipped with this insight, you’ll be well-prepared to spot and evade future traps without suffering additional financial setbacks.

Scan your system for possible malware infections

Beware of cross scams! Scam actors can use your trust to make you download some stuff or interact with certain documents. It may be a trap that installs malware to your system. There are no moral barriers or limits for these scoundrels.

Throughout the course of the fraud, scoundrels may get in touch with you with particular documents. Alternatively, they may propose you to deploy “cryptocurrency wallet applications” or “browser extensions” to simplify access to your crypto savings. As we already determined, these scammers have no intention of giving back your money. So, what do these messages and browser extensions represent? You guessed it right – this is another side of the fraudulent scheme designed to throw you into willingly installing malicious applications onto your computer.

Both extensions and attachments added to email messages can function as a shell for diverse malicious code. In this scenario, I foresee the presence of spyware and stealers among all kinds of malicious programs. While it is not obligatory for scammers to distribute malware, the probability is always existent. As previously mentioned, their ethics is of no concern, and their dignity is already severely tarnished. They have no principles to give up and intend to maximize revenues.

Remove spyware with Gridinsoft Anti-Malware

We have also been using this software on our systems ever since, and it has always been successful in detecting viruses. It has blocked the most common malicious programs as shown from our tests with the software, and we assure you that it can remove spyware as well as other malware hiding on your computer.

To use Gridinsoft for remove malicious threats, follow the steps below:

1. Begin by downloading Gridinsoft Anti-Malware, accessible via the blue button below or directly from the official website gridinsoft.com.

2.Once the Gridinsoft setup file (setup-gridinsoft-fix.exe) is downloaded, execute it by clicking on the file.

3.Follow the installation setup wizard's instructions diligently.

4. Access the "Scan Tab" on the application's start screen and launch a comprehensive "Full Scan" to examine your entire computer. This inclusive scan encompasses the memory, startup items, the registry, services, drivers, and all files, ensuring that it detects malware hidden in all possible locations.

Be patient, as the scan duration depends on the number of files and your computer's hardware capabilities. Use this time to relax or attend to other tasks.

5. Upon completion, Anti-Malware will present a detailed report containing all the detected malicious items and threats on your PC.

6. Select all the identified items from the report and confidently click the "Clean Now" button. This action will safely remove the malicious files from your computer, transferring them to the secure quarantine zone of the anti-malware program to prevent any further harmful actions.

8. If prompted, restart your computer to finalize the full system scan procedure. This step is crucial to ensure thorough removal of any remaining threats. After the restart, Gridinsoft Anti-Malware will open and display a message confirming the completion of the scan.

Remember Gridinsoft offers a 6-day free trial. This means you can take advantage of the trial period at no cost to experience the full benefits of the software and prevent any future malware infections on your system. Embrace this opportunity to fortify your computer's security without any financial commitment.

Trojan Killer for “spyware” removal on locked PC

In situations where it becomes impossible to download antivirus applications directly onto the infected computer due to malware blocking access to websites, an alternative solution is to utilize the Trojan Killer application.

There is a really little number of security tools that are able to be set up on the USB drives, and antiviruses that can do so in most cases require to obtain quite an expensive license. For this instance, I can recommend you to use another solution of GridinSoft - Trojan Killer Portable. It has a 14-days cost-free trial mode that offers the entire features of the paid version. This term will definitely be 100% enough to wipe malware out.

Trojan Killer is a valuable tool in your cybersecurity arsenal, helping you to effectively remove malware from infected computers. Now, we will walk you through the process of using Trojan Killer from a USB flash drive to scan and remove malware on an infected PC. Remember, always obtain permission to scan and remove malware from a computer that you do not own.

Step 1: Download & Install Trojan Killer on a Clean Computer:

1. Go to the official GridinSoft website (gridinsoft.com) and download Trojan Killer to a computer that is not infected.

2. Insert a USB flash drive into this computer.

3. Install Trojan Killer to the "removable drive" following the on-screen instructions.

4. Once the installation is complete, launch Trojan Killer.

Step 2: Update Signature Databases:

5. After launching Trojan Killer, ensure that your computer is connected to the Internet.

6. Click "Update" icon to download the latest signature databases, which will ensure the tool can detect the most recent threats.

Step 3: Scan the Infected PC:

7. Safely eject the USB flash drive from the clean computer.

8. Boot the infected computer to the Safe Mode.

9. Insert the USB flash drive.

10. Run tk.exe

11. Once the program is open, click on "Full Scan" to begin the malware scanning process.

Step 4: Remove Found Threats:

12. After the scan is complete, Trojan Killer will display a list of detected threats.

13. Click on "Cure PC!" to remove the identified malware from the infected PC.

14. Follow any additional on-screen prompts to complete the removal process.

Step 5: Restart Your Computer:

15. Once the threats are removed, click on "Restart PC" to reboot your computer.

16. Remove the USB flash drive from the infected computer.

Congratulations on effectively removing spyware and the concealed threats from your computer! You can now have peace of mind, knowing that they won't resurface again. Thanks to Gridinsoft's capabilities and commitment to cybersecurity, your system is now protected.

Frequently asked questions

The truth about Asixtrader

Name: Asixtrader

Description: Cryptocurrency scams continue to increase as digital assets achieve mainstream adoption. A recent example of such a scam involves Asixtrader, a fraudulent crypto exchange that entices victims with promises of free crypto giveaways. This detailed article will extensively examine the operations of the Asixtrader scam, techniques for recognizing it, and, most crucially, ways to evade becoming a victim.

Operating System: All

Application Category: Crypto Scams

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