Web3.today – a Scam? A Detailed Investigation


Web3.today is a trading platform offering low fees and no KYC verification for deposits and withdrawals. However, it suffers from significant functionality issues, including frequent technical glitches, slow response times, and difficult navigation. These problems can impede trading and increase the risk of financial loss. Before trading on www.web3.today, read our comprehensive review to understand the potential risks and drawbacks.

Overview of Web3.today

Web3.today launched on July 21, 2020, claiming partnerships with major exchanges like Binance, Huobi, OKEX, FTX, FUCOIN, Coinbase, OLEX, Kraken, and Bitfinex. These claims are misleading and unsubstantiated. The website’s user data security is extremely low, failing to protect users’ information adequately.

Our investigation revealed that the platform offers a fixed return plan, promising up to 180% return on investment, which is unrealistic and unsustainable. Such high returns often indicate a potential scam or Ponzi scheme.

Additionally, www.web3.today lacks customer support, leaving users without assistance when issues arise. The website does not display any trading license or regulatory approval, raising further concerns about its legitimacy and safety. Users should exercise caution and thoroughly research before considering any investment or trading on this platform.

Red Flags 

  1. Unregulated: www.web3.today operates without regulatory oversight and lacks necessary approvals from financial authorities. This absence of regulation exposes users to significant risks, as there are no protections to ensure the platform’s integrity or safeguard users’ funds and data.
  2. No Customer Support: The platform does not provide customer support, leaving users stranded if they encounter issues or need assistance. This lack of support can lead to unresolved problems, financial losses, and a frustrating user experience, highlighting the platform’s lack of commitment to its users.
  3. Fake Partners Claim: www.web3.today claims partnerships with well-known exchanges such as Binance, Huobi, and Coinbase, but these claims are unsubstantiated and misleading. This deception can lure users into a false sense of security, making them believe the platform is more reputable and trustworthy than it is.
  4. Unrealistic Return on Investment: www.web3.today promises an unrealistic return on investment of up to 180%. Such high returns are typically unattainable and often indicate a scam or Ponzi scheme. Users should be wary of these promises, as they likely result in financial loss.
  5. No KYC Verification Required: www.web3.today does not require KYC (Know Your Customer) verification for deposits or withdrawals, which is unusual for legitimate trading platforms. This lack of verification can attract fraudulent activities, money laundering, and other illegal actions, putting users’ funds and personal information at risk.

Interest Rates

  1. 1-9,999 USDC: 0.60% Interest Per Day 
    The platform promises a daily interest rate of 0.60% for deposits between 1 and 9,999 USDC. While this might seem appealing, high daily returns are generally unsustainable and raise red flags about the platform’s legitimacy.
  1. 10,000-49,999 USDC: 1.20% Interest Per Day 
    Deposits between 10,000 and 49,999 USDC supposedly earn 1.20% interest per day. This rate is extraordinarily high and unrealistic, suggesting potential fraud. Legitimate financial products rarely, if ever, offer such substantial daily returns.
  1. 50,000-99,999 USDC: 1.40% Interest Per Day :
    The platform claims to offer a 1.40% daily interest rate for deposits between 50,000 and 99,999 USDC. This indicates a likely scam, as such rates are typically unsustainable and used to lure unsuspecting investors.
  1. 100,000-199,999 USDC: 1.60% Interest Per Day
    For deposits of 100,000 to 199,999 USDC, the promised daily interest rate jumps to 1.60%. Investors should be highly cautious, as these figures indicate a high-risk or fraudulent scheme.
  1. 200,000 USDC and Above: 1.80% Interest Per Day
    Deposits of 200,000 USDC or more are promised a staggering 1.80% daily interest rate. Such offers are typically too good to be true and often lead to significant financial losses. Investors are advised to avoid platforms making these unrealistic promises.

Web3.today Review Conclusion

In summary, www.web3.today presents numerous red flags that potential investors should not ignore. The platform’s claims of partnerships with major exchanges are unsubstantiated, and its user data security is alarmingly poor. The promised daily interest rates, ranging from 0.60% to 1.80%, are extraordinarily high and unrealistic, suggesting a likely scam or Ponzi scheme.

The absence of regulatory oversight and customer support further exacerbates concerns about the platform’s legitimacy and safety. Given these issues, users are at a significant risk of financial loss. It’s crucial to exercise extreme caution and conduct thorough research before engaging with such platforms.

Always prioritize secure, regulated, and transparent trading environments to protect your investments and personal information. Avoid platforms like www.web3.today that make unrealistic promises and lack essential safeguards.

If you have fallen victim to online scams, please comment below. If you have suffered a substantial financial loss, do not despair. We are here to assist you in recovering your funds!

Want to be kept updated regarding similar scams?

Get instant emails when we publish new scam warnings!

When you comment, your name, comment, and the timestamp will be public. We also store this data, which may be used for research or content creation in accordance with our Privacy Policy. By commenting, you consent to these terms.

Leave a Comment

Your email address will not be published. Required fields are marked *

Never lose money to a scam again!

Get instant emails when we publish new scam warnings!

Discover more from Cyber Scam Review

Subscribe now to keep reading and get access to the full archive.

Continue reading