Feenox.com advertises itself as one of the “#1 decentralized crypto gaming platform” developed by billionaires of fame such as Elon Musk and Bill Gates. It tries to attract players by offering massive bonus offers for signups of up to $10,000 in cryptocurrency just by registering and utilizing the promo code. But, the users soon realize that they cannot withdraw their winnings as Feenox.com requires an additional deposit to be made before they can use it as an withdrawal fee. This article will give you an in-depth explanation of the way that the Feenox.com scam operates so that you are not a victim.
What is Feenox.com?
Is feenox.com secure? It’s unlikely. Gridinsoft Anti-malware blocks feenox.com because it was identified as a scam site. The domain was registered two months ago with an entity called Web Commerce Communications Limited dba WebNic.cc and the owner is not known.
Scam Overview
From the first look, Feenox.com appears to be an exciting and legitimate cryptocurrency gambling website. The sleek and professional website is brimming with promises of massive cash payouts, lucrative sign-up bonuses and well-known games like slots as well as plinko, crash, and. With claims that the site was founded by billionaires who are famous The site could appear plausible to those who are new to the crypto market.
A closer look shows Feenox.com has a number of red flags that ought to sound alarm bells
Fake Celebrity Endorsements
The most common tactic used to deceive is to mention famous entrepreneurs such as Elon Musk or athletes such as Cristiano Ronaldo to claim they are involved in the project. Feenox.com has a number of questionable claims various locations that it was created by a variety of high-profile billionaires. However, there is no evidence to suggest that any of them have ever endorsed or connected to the website or any other way.
Inflated User Statistics
Feenox.com has impressively high numbers on “Total Players Online” and “Total Registered Players” to indicate that it is a well-known and active gambling website. However, these figures are most likely faked by fraudsters or fake accounts in order to deceive real users. True platforms show less user growth.
No Verification Requirements
Contrary to the regulated online casinos Feenox.com is not required to perform verification of identity when players sign up for accounts. This lets the operator remain anonymous, which is a distinct indication of a fraudulent operation. A strict know-your-customer (KYC) processes are crucial to ensure that crypto gambling is legal.
Withdrawals Conditioned on Deposits
The most clever tactic employed by Feenox.com is to require additional deposits prior to users being able to withdraw winnings. This is a good withdrawal fee, while avoiding gambling regulations, allowing for the site to earn money from its players. Secure platforms will never limit withdrawals from accounts in this way.
Zero Transparency
The site doesn’t Feenox.com provide any information about the owners, their location licensing, regulatory approvals, or any responsible gambling guidelines. The complete absence of transparency in its operations and financials is a clear indication that customers cannot be trusted or verify anything on the platform.
Too Good to Be True Bonuses
Feenox.com has aggressive promotions running across social media, offering rewards of between $2,000 and $10,000plus in crypto when you sign up. These massive bonus offers that don’t require any real deposits should serve as a alert that something is wrong. A sustainable company cannot afford to provide this much money for nothing.
Phony Games
Although Feenox.com appears to provide the most popular games in crypto gaming however, they’re created to entice players instead of providing an enjoyable gaming experience. The games allow “risk-free” play with the deposit bonus to create trust before the withdrawal restrictions are put in place.
By being aware of these warning indicators, crypto gamers are able to avoid being a victim of scams such as Feenox.com. The old saying goes, “If it seems too good to be true, it probably is.” Make sure to conduct a thorough investigation into any brand new gambling website prior to depositing any amount of cryptocurrency.
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How the Scam Works
Feenox.com’s owners Feenox.com have created a unique multi-step fraud designed to deprive the victims of their cash:
1. Get Users to sign up with promo offers
First, you must focus on to attract customers to the website with appealing promotional offers like bonuses of up to $10,000 in cryptocurrency by signing up by using the promo coupon. These promotions are widely advertised on social media websites such as Facebook, YouTube, TikTok and Instagram and are targeted at those who aren’t aware of the more reliable crypto gambling websites.
2. Let Users Play Games Risk-Free
When users sign up for accounts after which they’re amazed by the massive bonus balances that are in their accounts. Feenox.com allows players to play well-known casino games that are crypto-based, such as Crash, Slots, Dice and Plinko without risk, as they’re playing with bonus funds and not deposits. This creates the illusion that winnings are feasible, however, the bonus funds cannot be used to withdraw (which is revealed only later).
3. Slowly Reveal Withdrawal Restrictions
If a player inevitably attempts to withdraw a portion of their winnings from Bonus money, Feenox.com does not immediately inform them that withdrawals aren’t possible. Instead, they say that the player must “verify their account” before making withdrawals. This creates the impression that withdrawals can be made following the completion of additional steps.
4. Require Additional Deposits to “Verify” Accounts
This is the core of the fraud. When players attempt cash out winnings Feenox.com helpdesk representatives claim that their account needs to have to be “verified” first. It is convenient, as the verification process will require an additional deposit of $100-$500 to be completed.
In the hopes that they’ve followed a typical procedure for verification, follow the demand for deposits. After completing the payment, Feenox.com will come up with new reasons why the withdrawal isn’t processed, and will require additional hurdles to go through.
5. Stonewall Users are defended with excuses
However, even after making deposits of hundreds of dollars to “verification”, users report that Feenox.com assistance is often returned with additional withdrawal requirements or excuses. This could include:
It is necessary to complete additional KYC steps
The withdrawal process is delayed because of technical problems
Users are required to deposit additional funds in order to “unlock” withdrawals
This delay allows Feenox.com time to stop shutting down user accounts and even ghosts and then eventually take the website offline when enough fresh deposits are made.
How can I stop Feenox.com?
Gridinsoft can block feenox.com domain without needing any further intervention from the user.
Begin with downloading Gridinsoft Anti-Malware on your computer.
Double-click the gsam-en-install.exe file and follow the on-screen directions to install the program.
After it is installed, Gridinsoft Anti-Malware is completed it will launch in the Scan screen.
Select”Standard Scan” or click on “Standard Scan” button.
After the scan process is complete, click “Clean Now” to remove any threats found.
If you are prompted to restart your computer to finish this removal procedure.
Are You the Owner of Feenox.com?
If you are the owner of Feenox.com We’d love to get in touch with you. If you’d like to contest the trust score us, we’ll gladly investigate further. You can write to us legal(at)gridinsoft.com. Be sure to show proof of your company’s legitimacy. Namely, you must identify yourself by your full name.
Frequently Asked Questions
1. What is Feenox.com?
Feenox.com advertises itself as an uncentralized cryptocurrency gambling platform founded by billionaires of fame. But it’s actually an unregulated, scam website created to extort users’ funds. It lures users with the promise of huge welcome bonuses in crypto which cannot be redeemed.
2. What is the Feenox.com scam operate?
The site is a magnet for users thanks to huge crypto sign-up bonuses that range from to $10,000. Players can play games for free by using the bonus cash initially. If they want to withdraw winnings Feenox.com support advises that players make a deposit in their own cryptocurrency and claim it’s for “account verification”. Once they have made this payment the players face additional hurdles in withdrawing money or the site goes down.
3. What kind of games does Feenox.com provide?
Games available are Crash, Dice, Slots, Plinko, Mines, Tower and Coinflip. The games function normal when you play with the bonus offer, but the winnings aren’t removed. The games are simply an attempt to give credibility to the scam.
4. Does Feenox.com pay the winnings?
There is no way, Feenox.com does not pay out any legitimate withdrawals to its users. Feenox.com comes up with endless excuses for why withdrawals aren’t accepted, even if you deposit hundreds of dollars in crypto for “verification”. The victims will never be able to recover money or winnings.
5. What is the method by which Feenox.com make an announcement about the fraud?
Promoting ads for Feenox.com are displayed on social media platforms such as Facebook, Instagram, YouTube as well as TikTok. They highlight huge cryptocurrency sign-up bonuses as well as fake endorsements from famous people like Elon Musk and Cristiano Ronaldo. Users who aren’t aware of the scam are tricked to believe that the website is genuine.
6. Is there any Feenox.com customer reports?
Yes, a lot of users have posted stories online about depositing hundreds of dollars in cryptocurrency per Feenox.com Support’s requests for withdrawals but never receiving a payout. Support is unable to respond or eventually, it ghosts the victims. The site does not intend to reimburse withdrawals.
7. Is Feenox.com licensed or regulated?
It’s not true, Feenox.com appears completely unregulated and is not licensed. There is no evidence of its owners, their location or its regulatory status. The lack of transparency an obvious indication that it’s a scam.
8. How can I stay away from this Feenox.com scam?
Make sure you only use licensed, established crypto casinos that have lengthy operating history. Study any gambling platform thoroughly prior to registering. Be wary of huge crypto bonuses that require deposits to take winnings. If the offer appears too appealing to be true, chances are it probably is.
The Bottom Line
Sites such as Feenox.com demonstrate the importance of caution when playing online casino games, particularly when promotions and crypto are involved. If an offer sounds too appealing to be true then it most likely is. Be sure to research any new gaming platform thoroughly prior to deciding instead of relying on statements about affiliations with celebrities such as Elon Musk.
It is a great way to gamble and has numerous benefits, but it also comes with dangers if you choose to play on unregulated and anonym sites that operate from overseas and with no accountability. Make sure you use licensed, established casinos with an established track record of fair play and are actually paying winnings. Be wary of a casino that requires a second payment to access your balance on your account or to access winnings.
When you follow the common sense rules by taking common sense precautions, you can reap the benefits of gambling with crypto in a safe manner. However, you should be on the lookout for scams such as Feenox.com that are designed to take advantage of unsuspecting players. Be cautious of sites that promises something for free Be sure to do your homework before you click Don’t let your greed outweigh good judgment.
