You might have heard about the recent scandal surrounding Crypto Com. The company announced that it would be delisting its shares from the Frankfurt Stock Exchange, but instead of doing so, it continued trading with its shares while announcing to investors that they would be delisted in April. The company also claimed to have entered into an exclusivity agreement with another stock exchange (LSE) — which no longer exists. We can assume that most of these actions were done with bad intentions, as the management team of Crypto Com didn’t just lose investors’ trust; they also made us question whether any company listed on a stock exchange could ever be trusted again. Nevertheless, we think you should know everything there is to know about investing before taking action — especially when it involves so much money and your financial security. That’s why we’ve written this article for you.
What is a Crypto Com?
A crypto com is a company listed on a stock exchange. You buy shares in the company and earn a portion of the profits. For example, let’s say ABC Coin has a profit of 100 million dollars. So, if you own 1% of the company, you will make 1 million dollars. Several exchanges host crypto companies. The Frankfurt Stock Exchange is the most famous, but there are others worldwide.
How To Delete Your Account with Crypto Com
As soon as you log into your delete your crypto com account and look at the trade history, you’ll notice that the company has a history of shady dealings. Once you’ve seen something isn’t right, you should contact the exchange where you bought the shares and request a removal. From there, the exchange will do a keep attention of low liquidity investments and delist either your shares or keep them listed. If your shares aren’t delisted, you could lose all your money. Not only that, but you could also lose your reputation as an investor.
Why Did You Buy It in The First Place?
The first thing you should do is ask yourself why you bought it in the first place. If you bought it because you were promised high returns without research, you made the wrong decision. On the other hand, if you bought it because you like the company, think it will do well in the future, or want to diversify your portfolio, you should probably keep it. Investors should always do their due diligence before buying shares if you’re unsure how to read more below.
How Can You Get Your Money Back?
If you’re sure the company has been operating with bad intentions, you should get your money back as soon as possible. You should first contact the exchange where you bought the shares and request a delisting. You will usually have 30 days to do this. If your shares aren’t delisted, you could lose all your money. Not only that, but you could also lose your reputation as an investor.
Conclusion
The internet is full of scams, and the crypto space is no different. Delete your crypto com account has shown to be nothing but a fraud, and investors have been losing their money. If you’ve invested in Crypto Com, you should request a delisting as soon as possible. Thankfully, there are plenty of honest exchanges, and the crypto world is still a lucrative keep attention of low liquidity investments. We need to do more research before buying. If you’re interested in investing, take your time and do your research.
Author Bio:
Patrick Gruber is homeless because He made his dream of being a digital nomad real.
Started as a developer, created an Amazon FBA business, invested in cryptos since 2017, and started a Cardano Stake Pool back in 2020 and his own blog in 2022.Now, he is traveling the world for 2 years with plenty of failures and unique experiences.This knowledge about the LIMITLESS of life is what he shares on his blog. If you want to change YOUR world and learn from the practical knowledge, then you are in the right place and keep on reading now.
