The Czzyl project calls itself a reliable cryptocurrency trading platform that provides users with the opportunity to make profitable deals for buying, selling, and exchanging digital currencies. In addition to the main functions, the platform offers its participants advanced opportunities for investing and earning.
The czzyl.com resource is available in a Russian-language version, as well as in a number of other languages. The screenshot below shows the main page in Russian.
The official website of “Czzyl” does not mention the jurisdiction of the exchange. There is no registration documentation, internal documents, or licenses. Moreover, unregistered users are not even provided with contact information.
On the Czzyl cryptocurrency exchange, users can perform operations with a diverse set of digital assets suitable for trading, exchanging, and investing. Among them, the most popular options stand out:
The platform does not disclose details about exchanging cryptocurrencies for fiat funds. The project’s website does not mention the support of any fiat currencies.
With this exchange, you can trade only on spot markets. A distinctive feature of Czzyl is the presence of a VIP status system (VIP-1, VIP-2, etc.), which allows unlocking additional features as trading volume increases.
Another option of “Czzyl” is investment opportunities in USDT, the following tariff plans are available:
The minimum investment is 5000 USDT. It is important to note that profitability is affected by the actual profit from the mining pool.
To deposit and withdraw funds, you can only use cryptocurrency wallets, at least there is no information about the support of alternative payment methods.
To request a withdrawal, you need to log into your Czzyl account. There is no prior information about fees, terms, and limits. Clients are offered to learn about all this directly after submitting the application – upon its execution.
This cryptocurrency exchange gives rather an unfavorable impression, as there is no legal information on its official website, and contacts and most of the terms of cooperation are missing. Potential clients are advised to read reviews about Czzyl and find a current cryptocurrency exchange rating.
I have seen many different exchanges and I can definitely say that this is a cloned fake. I have seen exchanges with identical websites many times. The design is already very familiar. Of course, there is no real trading here, and even less so any withdrawals. Just a ridiculous attempt to scam for cryptocurrency.
Lord, you can't look at the site czzyl.com without tears. It's half-empty, somewhat unpleasant and repulsive, clearly not optimized for PC use. Nothing is clear about what goes where and how. Essentially, they're offering a pig in a poke, and there are no documents at all. There's no reason to even give it 1 out of 5 stars!!
Guys, I honestly don't understand. What's the point of exchanges like Czzyl? I mean not only this obviously fake project but also any other no-name exchanges. I mean, there's Binance, Bybit, and a few other exchanges with global names and reputations. Is there really something they lack that these no-name projects have? And considering that in the latter case, the risk of a simple scam increases sharply…
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