Welcome to our Dextafin review, in which we investigate the website currently found at dextafin.com.
User Complaint and Scammer Details
On April 24, 2023, an Evergreen Park, Illinois, United States person who reported losing $2853 to a cryptocurrency scam wrote the following review on the BBB (Better Business Bureau):
I have sent money for cryptocurrency, which is currently being held by Dextafin. I have been trying to withdraw my money, but I have not received any response from either Gloria Washington or Dextafin as of today.
Information provided about the scammer
The complainer provided the following information about the scammer:
- Location: Victoria, British Columbia, Canada
- Email: support@dextafin.com
- Telephone: (815) 513-8214 (an Illinois, USA number)
- Website: dextafin.com
So is Dextafin a SCAM?
Dextafin.com Review
According to the Google index, Dextafin is a leading independent crypto prime dealer, offering services such as global liquidity, best price execution, and a single account for crypto trading.
Dextafin focuses on commodities, indices, foreign currency pairs, and other financial products.
Domain and Website Information
The domain dextafin.com was registered on March 27, 2022, through Hosting Concepts B.V. d/b/a Registrar.eu. Its current expiry date is March 27, 2024. It is hosted by HOSTINGER US.
The owner of the website appears to be in Nigeria.
It is ranked 11,179,648 globally and 111,569 in Nigeria, according to SimilarWeb.
It has a 2% Semrush Authority Score with one backlink from reviewfoxy.com.
Get in touch with our affiliated Cryptocurrency Forensic Specialists at CNC Intelligence for free by filling out the form below.
Overview of Dextafin’s Services and Claims
Based on their homepage, Dextafin.com is a platform that offers cryptocurrency trading services, focusing on providing a competitive edge in the crypto market.
Emphasis on the competitive edge and global liquidity
The website highlights its position as a leading independent crypto prime dealer, emphasizing its ability to unify global liquidity and offer the best price execution from a single account.
User base and global volume claims
Dextafin claims to have 2.7 million satisfied users and billions in global volume, aiming to provide a secure and efficient trading experience. However, based on our research, this website gets almost no traffic, especially outside Nigeria.
The services provided by Dextafin include best price execution, global market access, instant withdrawals, and catering to hedge funds with compliant platforms.
The website also emphasizes cost and tax efficiency, promising robust performance, tax, and accounting reports.
Users can allegedly deposit funds and start earning.
While the website presents an enticing offer for cryptocurrency trading, never trust a website with your money before verifying its legitimacy through legitimate third parties.
Lack of Transparency and Credibility
Their About Us page offers no relevant information about the company behind Dextafin.com.
They claim to have over 12 years of experience in international standards, technological changes, and industrial systems. However, they do not provide specific details about the company’s background, ownership, team members, or regulatory information.
This lack of transparency raises concerns about the company’s legitimacy and credibility.
Contact Details and Location
The contact methods and details provided on the Dextafin.com website are as follows:
- Contact Address: 2750 Quadra Street, Victoria, Canada
- Email: support@dextafin.com
- Contact Form
- Live Chat
Investigation of the stated location at 2750 Quadra St.
There is no direct indication that Dextafin is located in the building at 2750 Quadra St., according to Google Maps.
Various businesses and organizations are listed at that location, such as a radio broadcaster, dance organizations, legal services, a cleaning service, a credit union, etc. Still, there is no specific mention of Dextafin or any financial or investment-related business.
Dextafin Reviews
Dextafin.com is listed as a company on ReviewFoxy, but no information is provided about them.
Overview of Scamadviser’s trust score and Analysis
Information provided by Scamadviser indicates that dextafin.com has a low trust score and may be a scam. Here are some key points from the analysis:
The website has a trust score of 47 out of 100, which is considered low. The algorithm used by Scamadviser takes into account various factors, such as third-party reviews, the location of the company, the hosting party, and reports of selling fake products.
There is a negative review by Dave Pasin indicating that the website is a scam, with issues like non-responsive customer support and difficulties with withdrawals:
This platform is a scam. They do not respond to emails or chat requests, and they never respond when you request a withdrawal. I strongly advise avoiding this platform at all costs.
Red Flags and Suspicious Factors
Moreover, the website’s owner has chosen to hide their identity on the WHOIS database, which can be a red flag for potential scams.
The website is hosted in a country with high fraud and corruption, and the server has multiple low-trusted websites. Additionally, the website does not allow Scamadviser to analyze its content, which can be suspicious.
Their copyright line reads “© 2021 dextafin All rights reserved” or “Copyright 2021 Dextafin. All Rights Reserved by.” This is even though it’s already 2023.
There are also spelling mistakes around the website, such as this: “Dont’t [sic] have an Account? SIGN UP!”
Bottom Line
Based on the information gathered, it is highly likely that Dextafin.com is a scam.
Several indicators point to its lack of legitimacy and credibility.
The review from a user who reported losing money and the non-responsive customer support raise serious concerns about the platform.
The low trust score on Scamadviser, the hidden identity of the website owner, and the website’s association with other low-trusted websites on the same server further support the suspicion of it being a scam.
The lack of transparency regarding the company’s background, ownership, and regulatory information is another red flag.
The presence of spelling mistakes on the website, outdated copyright information, and the mismatch between the claimed experience and the lack of specific details add to the doubts surrounding Dextafin’s authenticity.
It is essential to exercise caution and avoid engaging with Dextafin.com or investing any funds on the platform.
Trusting a website with financial transactions should only be done after thorough verification and confirmation of legitimacy through reliable third-party sources.
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