ANSWER CryptosMarket is a scam.The broker lacks regulatory oversight. We found no information indicating that it may be subject to regulations. In addition, the Federal Financial Supervisory Authority (BaFin) has issued a warning against CryptosMarket, advising investors to stay away from the scam. BaFin also noted that the website's content and designs are similar to other fraudulent platforms.Therefore, we suggest investors avoid using CryptosMarket. To have a safer trading environment, it is prudent to choose fully regulated brokers.
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