Protocol Trade positions itself as an international cryptocurrency exchange. According to legend, on this platform you can trade 300+ assets. Users are promised instant execution (up to 12 ms), spreads from 0.2 points, a minimum deposit of $100, and several tariff plans to choose from.
The company does not report work experience, however, thanks to a specialized whois service, we found out that protocol-trade.com has been active since June 2023. This is a new project, so there are few reviews about it. Feedback is negative, with users talking about trading fraud and loss of funds.
According to legend, Protocol Trade is an official company that is registered and authorized by the Bahamas Securities Commission (registration number – 199667 B). We checked this information and found out that the authors of the project are deceiving. The crypto exchange operates illegally; it does not have a certificate of incorporation or a license to provide services.
Protocol Trade is a fraudulent crypto exchange. We do not recommend registering on this platform and starting trading here. You risk losing your money. There are no guarantees or legal protection. What do you think about this company? Post reviews and share your personal opinions. This will help others avoid becoming involved in a financial scam.
I registered on Protocol Trade because I wanted to make money trading cryptocurrencies. At first I topped up my account with $100, but the scammers convinced me to deposit a larger amount. As soon as I did this, they blocked the entrance to my personal account. They didn’t give me the money.
I do not recommend working with Protocol Trade. This company promises favorable terms of cooperation, but does not fulfill its obligations. Be careful and don’t be fooled.