Is mrcoinexchange.com a scam?

'LIKELY SCAM'
Risk: HIGH

Website Screenshot

Screenshot of mrcoinexchange.com

Overview

Multiple substantial red flags suggest a high likelihood of a crypto exchange scam, especially targeting Nigerians. Claims of large user base and years of operation contrast sharply with the domain's 6-hour age.

Why We Think This Is A Scam

Domain registered only 6 hours ago, but claims to have existed since 2020 and served 10,000+ customers with ₦18B+ volume.
Hosted on YottaSrc Hosting (NL), a low-reputation, abuse-prone provider.
Aggressive trust language without verifiable company/legal details (e.g., 'Nigeria’s Most Trusted', '100% Secure', '4.9★Avg Rating', '5yrIn Business').
No visible regulatory/license information or verifiable corporate registration.
Heavy reliance on WhatsApp and Telegram for transactions/contact rather than regulated, auditable channels.

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Registration Info

Registrar:NameSilo, LLC
Registered:2026-05-18

Hosting Info

Provider:YottaSrc Hosting and Cloud Service
Location:NL

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