INTRODUCTION.
Trademate is an online cryptocurrency marketing company. The company also trades on Binance, Poloniex, and Bitmax. Put in another way, Trademate is a company in which customers stand to make profits depending on the values of their investments. In addition, the value of the profit you are able to acculate will depend on other factors too, such as the referrals you make and so on. Of course, investors stand the chance to make money from cryptocyrrency trading, as much as they stand the chance to lose if they do not invest wisely, or venture into the business without knowing much or anything about it. Consequently, before you dabble into any cryptocurrency business, make sure that you are adequately informed about it, lest you lose rather than gain in the end. To set the ground for deceitful credibility, online scam sites have adopted a measure to further hoodwink unsuspecting customers. This is by posting s few winning trades on their websites for the consumption of greedy customers. If you happen to be the gullible and unwary, seeing these few winning trades on their accounts may succeed in convincing you to invest, and possibly encourage you to invite others close to you also. This way, the fraud will continue getting more customers, and by extension, more income too, at your own peril.
CRITERIA FOR EVALUATING ONLINE TRADING COMPANIES.
Courtesy demands that we take a critical evaluation of what commonly goes on in cryptocurrency business and the prospect of making money through it. First, it is common to regularly read tales written by investors online who have complaints of being duped at certain times, after making payments to scam schemes. It therefore becomes necessary to take a close look at how to tell when a crypto company is either genuine or otherwise. The very first time you visit the website of any cryptocurrency trading company online, be on your guard by looking out for certain salient features. For instance, the person or people behind the company may not really make their identities public for fear of identifiication. This in itself is a very strong reason why you should be careful, because in essence, you are dealing with someone who is unknown and whom you can't hold responsible for anything that may eventually occur. Another curious thing is that these scam sites usually lack a verifiable physical address, such that whatever address they may furnish you with can be fake, vary from one page to another on their website, or be absent anywhere completely. Yes, that should be expected, if they really plan to defraud you. What do you expect? Their owners or founders are unknown, their identities also unknown. This means that, if you pay any money to them, you are basically throwing it away without the hope of ever seeing or recovering it again.
To further compound the issues, these fake websites usually hire the services of paid actors who will front for them and claim to be responsible for the company, but the moment you make any investment, and it appears by their reckoning that you have nothing more to invest, these persons will block you, change their website address or simply get in the wind. Your money is gone forever if this happens.
There are regulatory authorities worldwide, whose duty it is to both register and monitor the activities of all these companies. If any company is unknown to these agencies, it becomes a risk to transact any business with such companies. So, before you go into any business that involves online trading of products or whatever else, find out from the authorities concerned whether the company is registered and regulated, whether it is known or not. If answers to these enquiries are not satisfactory, refrain outrightly from any further involvement.
Using certain online tools and websites, you can evaluate the status or credibility of any trading company. Common tools that can serve this purpose are ReviewMeta and Fakespot. Similarly, you can also use the Google search engine in order to verify any company through the application of certain computerized algorithms, as well the information available to the search engine. If the company's ranking is very low, do not go into any deal with it, lest you lose your money unwittingly.
The age of the company also matters in its credibility quotient too. For any company that has been around or in operation for a reasonable length of time, chances are that it has garnered or earned public trust, particularly if its track record is clean. To this end, Trademate, which has been in operation now for close to three years is definitely not in the category of new and strange companies, which means that people are bound to know something about it, and this is likely to count in its favor.
One reliable means of knowing about the credibility of any company or lack of it is by reading what other people are saying about it online. As a result, take your time to go through as much reviews on the company as possible. If it has any poor or clandestine history and track record, you'll know about it. In summary, if there are more negative than positive reviews, it should be enough to enable you to take a permanent stand on what to do. So, make every effort to find out about any prospective company into which you will invest your money.
IS TRADEMATE LEGIT OR A SCAM?
Before we conclude on this submission, we should take a closer look at how the company fares alongside the criteria explained above. For example, Trademate has a very high ranking when evaluated through computer based algorithms. Be that as it may, this high rating is not a guarantee that the company is not a fraud or that it is. In other words, the ranking of a company on Google is not really very conclusive, but rather a pointer to what could be or couldn't. Though, when the ranking is high, it is expected that the company may be safe to deal with. Another green flag for this company is that it has a valid security license (SSL Certificate), which has not expired and was issued by a reputable agency, Sectigo RSA Domain Validation Secure Server CA, and the date for the company's registration was some three years back, which in itself is a plus on its side. The company's registrar, EPGA Domain Services GmbH, is also reputable and reliable. Trust Mama identifies scam sites, fake online stores by using a computer algorithm. Though this tool is both fast and efficient, it is still not perfect by a long shot. However, it gives you a good idea of who or what you are dealing with, just in case. Finally, Trademate has a server IP address which is readily available for your reference, and its software is Apache.
To conclude on this issue, based on the foregoing, Trademate is, objectively speaking, not a scam. Though it is still advised that you carry out in depth personal research on it, in addition to all this information, before you commit any money in it. Again, if you must invest, it is also recommended that you invest that amount of money which you can lose without much worry, but not what will destabilize you.
CONCLUSION.
We have discussed enough on scam schemes, how to spot them from a mile off, what to do in order to protect yourself from them, as well as how you can possibly recover your money if dupped. Never fall prey to anybody telling you about the possibility to make money without breaking any sweat. If you hear that familiar line of discussion, be very careful, because a scammer may not be far from you. You are highly advised to conduct thorough and deep research on any such online trading platforms with the aid of reliable tools, the Google search engine, as well as by going through what the people are saying about the company. Make sure that all personal details about the company's founder and CEO are known, in addition to their physical address and telephone numbers or email address too. These scammers are out to get you, and as a result, they will spare no effort or means to achieve just that. Therefore, take as much precaution as you may deem necessary. In the event where all these efforts do not prevent you from investing your money in a scam project, there are few and reliable countermeasures you can utilize, which is the chargeback option. In this procedure, some companies are registered for the singular reason of seeing to it that your stolen money is recovered, if you act fast and well before it is too late. Some of these chargeback companies are: Broker Dispute and Mycharge Back. In order to enable them to help you, if and when you get defrauded, you are advised to make payments only through certain means, but not others. Make payments to these companies without divulging your secret bank and card details, for if you do, you may loose a lot more than you will care to know. So, watch it and always.