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PCEX

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India

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2.48/5

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Company Information

Get to know PCEX

Founded in 2018 by stock market veterans, PCEX is a cryptocurrency exchange designed to bridge the gap between traditional finance and the digital asset economy. The platform aims to provide high liquidity, robust security, and a user-friendly trading experience. It operates as both a B2C platform for individual traders and a B2B service, offering franchise opportunities and brokerage solutions. PCEX emphasizes its commitment to transparency and compliance, positioning itself as a secure and reliable venue for trading a wide range of cryptocurrencies.

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  • Crypto ExchangePRIMARY

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PCEX Exchange Review: Evidence Clearly Suggests It May Be a Scam

PCEX Exchange Overview and General Information

PCEX Exchange is a cryptocurrency trading platform operated through the websitepcex.pro It aims to facilitate the trading and exchange of digital assets. However, an investigation found that there were reports of fraud and deception from many users on the Internet, including the MSB license information that PCEX Exchange referred to on its website, which did not appear in the MSB database, which is consistent with information from AlertTrade.net that reported that PCEX Exchange did not have legal certification or permission, which is an indication that caution should be exercised.



Trust and transparency

In terms of reliability and transparency, it was found that there was information from other references indicating that PCEX Exchange operated through the website pcex.pro shows several signs of fraud and scams, such as:

  • Scam Detector gave it a low reliability score of 7.6 out of 100 and labeled it “suspicious and untrustworthy.”

  • Scamadviser gives it a zero (0 out of 100) trust rating and states that the website is likely a scam.

  • PCEX Exchange has reportedly used aggressive marketing tactics, such as promising high returns or guaranteed profits without risk, which are unrealistic claims that are often linked to scams.

  • Many users have reported problems withdrawing funds from PCEX Exchange such as:

    • Delays without any apparent reason

    • Additional charges or additional taxes may apply before withdrawals can be made.

    • These behaviors are more commonly found on fraudulent platforms that are looking to scam users out of money.


Conclusion

Given the evidence of opaque operations, lack of regulatory oversight, and low trust scores from reliable sources, TrustFinance recommends avoiding PCEX Exchange.

Investors should exercise extreme caution and conduct thorough consideration before investing in any online trading platform.

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