CashlessPay Group say that the government of Singapore decided on implementing a national cryptocurrency called the Singapore’s Coin.
This SG-Coin is now being sold for 0.0026 euros and is supposed to skyrocket to thousands of dollars. This means that even a small investment would make you a millionaire. But wait…
Singapore Coin scam
The CashlessPay Group put together a horrible scam that is designed to steal your money, nothing more, nothing less.
Fake Singapore’s Coin
There is no SG-Coin (BCN), nothing like this exist, the CashlessPay Group is a total nonsense. In fact, BCN stands for ByteCoin, which has nothing to do with all this.
But the quotes are fake, these people have never spoken about, the coin was never featured in media that are shown on the website, everything is absolutely fake.
How it really works
Then they will ask you to deposit money with that broker. At that you will still be thinking that you do that in order to buy Singapore’s cryptocurrency. When you send them your money, it will be over.
You will realize that Singapore Coin does not even exist, that you cannot trade it and the broker will not let you withdraw anything, so your money will be forever lost.
Singapore’s national cryptocurrency is fake, it does not exist, it is a scam made to separate you from your money. Stay away from it!
If you want to try trading with real cryptocurrencies, start on a free demo account with a regulated broker.
There are things you have to learn and risks to understand if you want to later trade with real money.