The AMF is the Autorité des Marchés Financiers in France. As such, it ensures the smooth running of the financial market and tries to ensure the protection of individuals who decide to invest online. Its action includes the drafting of press releases published very regularly on its website and the issuance of blacklists listing brokers who offer financial investments when they are not authorized to do so since they do not hold the necessary authorizations for this.
We will explain everything you need to know to avoid cryptocurrency scams and we will give you some tips to speculate securely. If you are interested in Bitcoin, Litecoin, Ripple, Ethereum and other altcoins we recommend that you read this guide dedicated to the cryptocurrency scam. The crypto currency framed to avoid scams
More and more savers are interested in cryptocurrency. Some decide to buy tokens to build a crypto wallet and go to exchange platforms to buy, sell or exchange their cryptocurrency tokens.
Others take part in ICOs in order to obtain tokens for projects under development that need to raise funds from investors to start their business.
Finally, some choose trading to invest in cryptocurrency. It is then a question of speculating on the rise or fall of the price of tokens. Trading is purely speculative, in other words investors do not hold crypto tokens at any time, they simply bet on the volatility of dematerialized currencies to hope to generate returns.
Given the growing interest of savers in dematerialized currencies, the AMF is currently working on a regulatory framework to regulate these new financial products. For the first time, on March 15, 2018, the Autorité des Marchés Financiers even published a cryptocurrency blacklist to denounce platforms that act without a license and can therefore be qualified as an online scam. Last cryptocurrency blacklist published by the AMF in 2019
The AMF regularly pins sites that illegally offer investments in forex, binary options and diamonds by issuing blacklists. Faced with the craze aroused by cryptocurrency, the regulator has decided to blacklist new sites that offer investments in the crypto currency while they do not have the necessary authorizations to do so.
List of cryptocurrency platforms added to the latest AMF 2019 blacklist (updated: August 2019):
01crypto.com
365crypto.com
365globalmarket.com
acheter-des-bitcoins.com
admiral-markets.com
agencecentraledescryptomonnaies.com
algo-crypto.com
avenir-crypto.com
bank-of-crypto.com
beta-venture.com
bforfinance.com
bit24coin.com
bitcoin-hausse.com
bitcoinoie.com
bitcoin-pas-chere.com
bitcoin-patrimoine.com
bitconeo.com
btc-cap.net
c4iex.com
capital-coins.com
capital-coventry.com
coin-financial.com
conseilcrypto.com
cryptobourse.net
cryptocash24.com
crypto-eco.com
cryptoeraonline.com
cryptofast.net
cryptofrancecapital.com
crypto-institute.com
cryptomonaies.coms
cryptomoney888.com
crypto-next.com
cryptoning.com
cryptoprofx.com
cryptoquicker.com
cryptorama-bank.com
cryptos-solutions.com
cryptos-advisor.com
cryptos-house.com
cryptos-investing.com
cryptosone.com
cryptosuissecapital.com
directco-invest.com
direct-ep.com
eco-crypto.com
ecoin-stock.com
epargnebitcoin.com
euro-crypto.com
euro-cryptos.om
fair-oakscrypto.com
falcon-wl.com
finances-markets.com
fundcryptosecure.com
futur-solution.com
globalco-crypto.com
gmt-crypto.com
good-crypto.com
gwt-capital.com
interactivecoins.com
ism-capital.com
jbcapitals.com
kryptofx.com
kryptoneo.com
kryptowize.com
lacentraledescryptomonnaies.com
lh-crypto.com
mabanquecrypto.com
mcminage.com
moneo-invest.com
monnaiestech.com
mycrypto24.com
mycrypto-invest.com
originalcrypto.com
origincrypto.com
origine-bitcoin.com
paiement-bitcoin.com
phoenix-gm.com
positiva-ad.com
prix-bitcoin.com
rmcas-ltd.com
save-coins.com
solution-invest.com
stock-crypto.com
thecryptolimited.com
tradabank.com
tradezlescrypto.com
undercryptos.com
union-crypto.com
vendre-achat-bitcoin.com
wallet-coins.com
xcoinbroker.com
ydconsultant.comCrypto currency scam: tips to avoid traps
The cryptocurrency scam exists. We speak of scams when platforms do not have the necessary authorizations to offer financial products and they solicit investors when they are not authorized to do so.
The risks associated with the cryptocurrency scam can be numerous: false advertisements, biased prices and values, untimely canvassing on the part of advisors, incentive to invest more and more, announced returns far from reality, payment of winnings very long or impossibility of making withdrawals, closure of the site overnight and impossibility for customers to recover the funds invested… However, there are a few simple tips to avoid any risk of scams. Our team explains everything!
Whether you are a beginner or not, whether you are used to online trading sites or not, it is important to remember some basic elements regarding investing in cryptocurrency:
- All investments carry a risk of loss of capital. Risk-free financial investments do not exist. So never invest funds you can’t afford to lose.
- Platforms that offer online trading must meet very strict criteria. They must be declared and regulated (Cysec license for example). Always check that a broker has a license or authorization before opening an account on their platform.
- Advisors can help you in your market analysis and give you trading advice but they should in no way force you to invest more. Set a trading budget and stick to it!
- User reviews found on forums and specialized sites regarding online brokers can help you know if a site is serious or not.
Generally speaking, to avoid falling into a scam cryptocurrency trap, we recommend the eToro platform which is the market leader. Present since 2007, it is a safe bet for investors. At this broker cryptocurrencies are offered in the form of CFDs for French users. Access eToro by clicking on the button below:
