The Puretradex Scam – What You Need To Know

Recently, Puretradex.com website surfaced, promoting itself as a place to store cryptocurrency and other assets safely. I managed to gather reliable supporting information that clearly indicates it is, in fact, a scam service.

Contrary to the statements of Puretradex.com, they won’t pay off your capital. Despite the numbers displayed in the “member area”, there is absolutely no way to take out even a single penny. All promises regarding crypto bonuses are empty as well.

It is better to prevent, than repair and repent!

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Puretradex Scam Overview

The primary feature that Puretradex aims to provide is a secure and user-friendly crypto wallet service. The site promises crypto exchange facilities, tools for handling wallets, transfers, dashboards, and similar functions. In fact, they try to emulate the functionality of a crypto exchange, akin to Binance or Coinbase. However, it in fact solely serves as a shell needed to lull the vigilance.

Puretradex Scam

To begin with, Puretradex mimics the layout of numerous equivalent websites. There are quite a few examples, like Meruxcoin, Exmotex or Eruxtrade. They are completely indistinguishable in terms of graphic elements, with minor discrepancies in the webpage header. Other details, and sometimes even crypto wallet addresses, are the same. Presumably, all these scam online platforms are led by a single group of scammers.

Cryptocurrency Scam Summary

How the Puretradex Scam Works?

Puretradex is yet another online platform within a vast network of associated crypto fraudulent sites. The administrators employ diverse brand names and websites, like Puretradex.com, to capture victims. However, these fraudulent sites possess matching website designs, terms of service, and About content. This unveils their origins as components of the same criminal network, which promotes the same mode of deception under diverse disguises. The scammers simply duplicate the equal scam website under different names to mislead users into believing they are participating in a fresh opportunity. However, in actuality, it’s the same system of swindlers orchestrating the deceptive commitments and undertakings to seize deposited money. The managers skillfully employ psychological maneuvers and enticing invitations to carry out their deceitful schemes.

Step 1: Spreading

To begin the scam, criminals set up and fill accounts on popular social media platforms. They generally aim at Facebook, Instagram, Twitter, and TikTok. Subsequently, the marketing campaign begins. Using bots and sponsored advertisements (when possible), scam actors intensify the visibility of their fraudulent activities to possible victims. This strategy permits them to cast an extensive net and connect with their targeted spectators. The latter typically consists of cryptocurrency fans searching for prospects to generate profits.

Users obtain a stimulus to register, drawn by the promise of obtaining crypto prizes valued at thousands of dollars, all without cost. To enhance the attractiveness of the offer, false suggestions of sponsorship by a celebrity are added. As you may guess, these assertions are entirely baseless.

Step 2: Gaining Traffic

People who express interest check out Puretradex.com via links present in promotions or bot-generated posts. The webpage uses captivating visuals, design aspects that appear genuine, and claims of having a official license, all intended to convey an initial impression of trustworthiness.

Step 3: Data Gathering

To redeem their prizes, users need to deliberately create an profile on Puretradex and receive instructions to submit sensitive and private information during the enrollment process. This includes linking their cryptocurrency wallets, revealing email addresses, supplying phone numbers, submitting identification documents, and the like.

Step 4: Requesting funds

Once enrolled, users observe significant amounts of cryptocurrency, valued at thousands of dollars, within their Puretradex wallets. However, as it usually happens with such incentives, you can’t withdraw them prior to making a deposit. Typically, a deposit of $100 is asked to get the sign-up bonus. This condition serves as the snare that eventually culminates to the money loss.

Step 5: Disappear

The point in time the deposit is made, the scammers cease all contact. They proceed to restrict users, erase accounts, and abscond with both the transferred funds and critical individual details. The fabricated rewards continue to be perpetually uncredited, as they lack genuine existence. They operate purely as a deceptive strategy. This method forms the foundation for the fraudsters’ capability to mislead victims and embezzle hard-earned earnings through their double-dealing internet-based crypto scheme.

Signs of Scam

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

• Unsubstantiated Credibility. Puretradex 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%, Puretradex exploits the longing for quick profits. However, such gains are unrealistic within the volatile cryptocurrency landscape, unequivocally identifying Puretradex as a scam.
• Dubious Corporate Information. Puretradex 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. Puretradex.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. Puretradex 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 Puretradex 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 to Authorities. Your initial action should involve reporting the scam to local authorities responsible for addressing financial fraud. Additionally, reach out to wallet providers and engage with the technical support teams of social networks. This collective effort raises the bar for the scammers’ operations.
• Inform Your Inner Circle. Extend your impact by sharing information about the scam with your close friends. Similar to notifying authorities, this dissemination of details curbs the scammers’ potential to deceive.
• Document the Trail. Assemble a comprehensive record by capturing screenshots and archiving all relevant website-related data. This encompasses the website URL, screenshots of the main page, login interface, end-user license agreement (EULA), account top-up menu, and wallet addresses. These materials offer invaluable leads for authorities in their pursuit of the scammers.
• Explore Refund Possibilities. While cryptocurrency payments may not typically align with traditional bank refund policies, it’s worthwhile to explore potential refund avenues under specific circumstances. Maintain a positive outlook until you secure confirmation of the loss.
• Transform Loss into Insight. Shift your focus from the financial loss to gaining wisdom. Consider your loss as an investment in comprehending the tactics employed by crypto scam sites. Familiarize yourself with their distinctive traits, the methods they employ to entice individuals, and the extravagant pledges they make. This knowledge equips you to recognize and avoid future traps, minimizing the risk of enduring further 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, rascals may get in touch with you with particular documents. Alternatively, they may propose you to set up “cryptocurrency wallet applications” or “browser extensions” to facilitate access to your cryptocurrency assets. As we already figured out, these rascals have no plan of restoring your funds. So, what do these messages and browser plugins represent? Correct – that is another component of the deceptive plan designed to throw you into willingly running destructive software onto your system.

Both extensions and attachments included to email messages can serve as a carrier for various malicious software. In this case, I anticipate the presence of spyware and stealers among other types of threats. While it is not mandatory for scammers to distribute malware, the chance is always significant. As previously mentioned, their conscience is of little concern, and their reputation is already neck deep in mud. They have nothing to lose and strive to maximize gains.

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 Puretradex

Name: Puretradex

Description: Cryptocurrency scams continue to increase as digital assets achieve mainstream adoption. A recent example of such a scam involves Puretradex, a fraudulent crypto exchange that entices victims with promises of free crypto giveaways. This detailed article will extensively examine the operations of the Puretradex 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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