The world of cryptocurrencies is full of fraudulent operations, so the best way to enter this new world is to learn and not accept any financial transactions until you have taken the time to learn and understand what is there.
According to several recent reports, Moontrade is a fraudulent platform and should be avoided.
As this fraudulent platform offers Bitcoin-related services and attracts users to subscribe to their platforms so that they can spend their money.
When the user tries to withdraw the funds, he suddenly finds himself unable to do so.
This fraudulent platform offers brokerage to buy different products and services in cryptocurrencies, but once they get users’ money the user becomes stuck with it.
A user tells on Reddit how he bought bitcoin from a trader on this platform but he cannot withdraw what he bought.
This behavior is very common among platforms designed to robbed people's money.
Why do people decide to trust these fraudulent platforms in the first place, still one of the biggest puzzles, perhaps as greed for the offers offered by such fraudulent platforms that play on this sensitive chord.
Dozens of legitimate platforms to buy bitcoin exist, and it won't cause any problem to the user.
For newcomers, separating shaded sites from legitimate companies can often be difficult.
However, there are sufficient resources on the Internet that direct users to reputable companies that provide these services.
So always do your research before spending any money.
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