We Looked Into Pulsechangex: Scam or Trustworthy? The Verdict

Recently, Pulsechangex.com service appeared, promoting itself as a platform where you can safely keep cryptocurrency and other assets. I managed to gather reliable evidence that clearly reveals it is, actually, a scam service.

Contrary to the assertions of Pulsechangex.com, they will never return your capital. Despite the money displayed in the “member area”, there is absolutely no way to withdraw even a single cent. All commitments regarding crypto incentives are empty as well.

Pulsechangex Scam Overview

The primary feature that Pulsechangex attempts to provide is a secure and user-friendly crypto wallet service. The site pledges exchange solutions, tools for handling wallets, transfers, dashboards, and similar stuff. In reality, they try to emulate the functionality of a crypto marketplace, akin to Binance or Coinbase. However, it actually exclusively serves as a cover needed to mislead the cautious.

Pulsechangex Scam

First and foremost, Pulsechangex imitates the design of numerous equivalent websites. There are quite a few examples, like Quantums, Rocketcexs or Rockex. They are entirely identical in terms of visual elements, with small discrepancies in the website header. Other specific elements, and at times even crypto wallet addresses, are matching. Presumably, all these deceptive online platforms are led by the same group of scammers.

Cryptocurrency Scam Summary

How the Pulsechangex Scam Works?

Pulsechangex is yet another webpage within a vast network of interconnected crypto scam sites. The operators employ diverse brand titles and websites, like Pulsechangex.com, to capture victims. Nevertheless, these deceptive sites share the same website designs, terms of service, and About Us content. This exposes their sources as a part of the identical criminal network, which promotes the same mode of fraud under diverse appearances. The fraudsters simply copy the same scam site under various names to fool users into assuming they are enrolling a fresh platform. However, in reality, it’s the equal group of fraudsters orchestrating the misleading pledges and undertakings to grab deposited funds. The managers cleverly make use of psychological maneuvers and enticing invitations to carry out their deceitful schemes.

Step 1: Spreading

To start the scam, criminals establish and fill accounts on well-liked social media platforms. They primarily focus on Facebook, Instagram, Twitter, and TikTok. Subsequently, the advertising campaign begins. Utilizing bots and sponsored ads (when feasible), scam actors intensify the visibility of their scam activities to potential victims. This strategy permits them to create a broad net and interact with their focused audience. The public usually comprises of cryptocurrency fans looking for prospects to make profits.

Users receive a stimulus to enroll, attracted by the assurance of getting crypto prizes valued at thousands of dollars, all for free. To increase the attractiveness of the offer, fake suggestions of cooperation with a celebrity are incorporated. As you may guess, these assertions are completely baseless.

Step 2: Gaining Traffic

People who demonstrate interest go to Pulsechangex.com via links included in promotions or bot-generated posts. The website uses captivating visuals, design elements that appear genuine, and claims of holding a official license, all intended to convey an initial image of reliability.

Step 3: Data Gathering

To claim their rewards, users are required to proactively sign up on Pulsechangex and receive prompts to provide sensitive and private data throughout the registration process. This includes linking their cryptocurrency wallets, sharing email addresses, specifying phone numbers, sending in identification documents, and the like.

Step 4: Requesting funds

Once registered, users witness considerable amounts of cryptocurrency, valued at hundreds of dollars, within their Pulsechangex wallets. Nevertheless, as is standard with such rewards, you cannot withdraw them ahead of making a deposit. Usually, a deposit of $100 is required to withdraw the sign-up bonus. This prerequisite serves as the trap that eventually results to the money loss.

Step 5: Disappear

Signs of Scam

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

• False Celebrity Sponsorship. Pulsechangex often resorts to fake endorsements from celebrities such as Elon Musk, Jeff Bezos, Mr. Beast, and Mark Zuckerberg. This fraudulent tactic extends to claiming partnerships with reputable companies like Coinbase, Binance, or MetaMask, despite lacking any genuine affiliations.
• Cryptocurrency-Only Payments. Pulsechangex.com exclusively accepts payments in cryptocurrencies, rejecting traditional bank transfers and other methods. This approach not only masks the company’s identity but also eliminates the possibility of seeking refunds.
• Dubious Company Information. Pulsechangex raises suspicion by withholding essential ownership, location, and registration details. Furthermore, the absence of legitimate contact information and the recent establishment of domain and social media pages intensify skepticism.
• Unsubstantiated Hype. Pulsechangex.com employs groundless hype tactics, fabricating events like securing contracts with Coinbase or receiving endorsements from Elon Musk. These manipulative techniques aim to instill false confidence and encourage further investments.
• Potential Pyramid Scheme. The scam relies on a structure resembling a Ponzi scheme, leveraging a referral system spread through social media. However, only initial participants benefit, often at the expense of subsequent investors.
• Implausible Claims. Promising returns of 50-100-200%, Pulsechangex preys on the desire for quick profits. Yet, the volatile nature of the cryptocurrency market makes such gains highly unlikely, definitively labeling Pulsechangex as a scam.

What Should I do as a Victim?

If you had to deal with Pulsechangex 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.

• Report the scam to authorities. Search for local authorities responsible for financial frauds, and also notify wallet providers and social networks via their tech support. It is essential to make the further operations of these scammers much harder.
• Tell your close friends. That step is similar to reporting to the authorities, and has similar effects. By posting info about scam crypto service, you decrease the pool of people they can fool.
• Get evidence. Screenshot or save all the information related to the website. URL, screenshot of a main page, login window, EULA, account top-up menu, wallet addresses – all these things may be useful for authorities to find the scammers.
• Check whether you can ask for a refund. As I’ve said above, crypto payments do not fall under refund policies in most banks. Nonetheless, in some circumstances, it is still possible. Never lose hope until you actually confirm it is gone.
• Make your mistake your lesson. Financial losses are always a reason for frustration, but let’s imagine it was a pay for scam revealing courses. Remember the key features of these crypto scam sites, the way they attract people and what they promise. In the future, you will easily recognize a trap of spending no money.

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 duration of the scam, its masters may reach out to you with particular files. Alternatively, they may offer you to set up “cryptocurrency wallet applications” or “browser extensions” to streamline access to your cryptocurrency funds. As we previously determined, these scoundrels have no intent of restoring your funds. So, what do these messages and browser extensions represent? Correct – this is another side of the deceptive plan designed to throw you into willingly installing destructive applications onto your system.

Both extensions and files included to email messages can function as a shell for diverse malware. In this situation, I expect the presence of spyware and stealers among other forms of malware. While it is not obligatory for scammers to distribute malware, the chance is always greater than zero. As stated, their morality is of no concern, and their dignity is already severely tarnished. They have no principles to lose and strive to maximize revenues.

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