Could you verify the regulation of ONECRYP.TO?

https://onecryp.to/    

ONECRYP.TO is an unlicensed broker that we advise against trading with despite the seemingly attractive deals it offers.

ONECRYP.TO fails to disclose its regulatory information and licensing data, which is a clear scam indicator. Legitimate brokers always prominently display their accreditation and licenses to instill trust and transparency, whereas the lack of information thereof may suggest the status as an unlicensed broker. Furthermore, given its claim that it is located in Indonesia, we searched for it in the register of Otoritas Jasa Keuangan (OJK) but found no matching entries. As such, ONECRYP.TO falls outside the regulatory framework.

Regarding your question, ONECRYP.TO is under no regulations. It carries significant risks including financial losses and identity theft, as there are no rules in place to safeguard investors. Therefore, to avoid such risks, we strongly suggest investors stay away from unlicensed brokers like ONECRYP.TO and choose fully regulated ones instead.