Jexcas.com claims to be the “#1 cryptocurrency gaming platform that is decentralized” developed by famous billionaires such as Elon Musk, or Bill Gates. The website tries to attract players by offering huge signup bonuses that range from to $10,000 in cryptocurrency just when you sign up and use the promo code. But, soon after registration, customers find out that they can never withdraw winnings as the site requires a second deposit to be made before they can use it as the withdrawal fee. The article will provide the complete outline of the way in which the Jexcas.com scam works, so you can stay away from falling for it.
Scam Overview
From the first look, Jexcas.com appears to be an authentic and thrilling online casino. The sleek and professional site is full of promises of huge pay-outs, generous sign-up bonus and well-known games like slots or plinko, as well as crash. With claims of being made by millionaires of fame, the website can be viewed as plausible to those who are new in the cryptocurrency market.
But, a deeper examination uncovers Jexcas.com displays a myriad of red indicators that should sound alarm bells
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How the Scam Works
The administrators of Jexcas.com have come up with a clever multi-step fraud designed to take victims away from their funds:
1. Make it easier to attract users with promotional offers
The first stage is to draw customers to the site by offering tempting promotions offers including bonus offers of $2,000 to 10,000 in crypto just by signing in and making use of the promo coupon. These offers are prominently advertised through social media platforms such as Facebook, YouTube, TikTok and Instagram which target users who may not be familiar with trustworthy crypto gambling sites.
2. Let Users Play Games Risk-Free
After users sign up after registering accounts, they are delighted to be able to see the huge bonuses in their account. Jexcas.com allows users to play the most popular online games of crypto-gambling like Crash, Slots, Dice and Plinko at no risk since players are playing with bonus funds instead of their own funds. It gives the impression that winnings are possible, despite the fact that the bonus funds cannot be used to withdraw (which is only revealed later).
3. Slowly Reveal Withdrawal Restrictions
If a player inevitably attempts to take a portion of their winnings earned from playing bonuses, Jexcas.com does not immediately inform them that the withdrawals are impossible. They instead state that the user needs to “verify your account” prior to making withdrawals. This suggests that withdrawals are possible after the completion of additional steps.
4. Require Additional Deposits to “Verify” Accounts
This is the core of the fraud. When players attempt to take winnings out, Jexcas.com Support staff say that their account has to have to be “verified” before they can withdraw. It is convenient, as the verification process will require an additional cash deposit from up to $100 to $500 to be completed.
In the hopes that they are complying with a standard procedure of verification, accept the request to deposit. But, once they have completed the payment, Jexcas.com will come up with new reasons why the withdrawal isn’t completed, requiring additional hoops to be jumped through.
5. Stonewall Users and excuses
After making deposits of hundreds of dollars in “verification” customers complain that Jexcas.com support is always back with additional withdrawal conditions or excuses. This can be a result of:
It is necessary to complete the additional KYC steps
Recalls are delayed because of technical issues to technical problems
Users are required to deposit additional funds to “unlock” withdraws
The delay allows Jexcas.com the chance to stop accounts as well as ghost users. They will eventually, take the site offline after enough deposits have been made.
Frequently Asked Questions
1. What is Jexcas.com?
Jexcas.com claims to be a crypto-based gambling platform that is decentralized developed by millionaires who are famous. But Jexcas.com is an unregulated fraud site that is designed to take deposits from users. It lures people with the promise of huge welcome bonuses in crypto currencies that can never be taken away.
2. What exactly is the Jexcas.com fraud work?
The website attracts players with large crypto sign-up bonuses of up to $10,000. Customers can play games for fun without risk using the bonus cash initially. If you want to withdraw winnings Jexcas.com support advises that players make a deposit in their own cryptocurrency and claim it is required for “account confirmation”. Once they have made this payment users find further obstacles to withdrawing funds, or the website disappears.
3. What kind of games does Jexcas.com offer?
The games offered are Crash, Dice, Slots, Plinko, Mines, Tower and Coinflip. These games work in a similar way when played using the sign-up bonus but the the winnings can never be cashed out. The games are just a disguise to provide credibility to the fraud.
4. Is Jexcas.com pay out winners?
The answer is no, Jexcas.com does not pay out any legitimate withdrawals to customers. The website will make endless excuses to explain why withdrawals cannot be completed regardless of depositing hundreds in crypto to “verification”. In the end, victims never get back any cash or deposit.
5. What does Jexcas.com make an announcement about the fraud?
Promoting ads for Jexcas.com are displayed on social media platforms such as Facebook, Instagram, YouTube as well as TikTok. The ads feature huge bonus cryptos for signing up and also feature fake endorsements from famous people like Elon Musk and Cristiano Ronaldo. The trick is to fool users who don’t know about it into believing that the website is authentic.
6. Is there any Jexcas.com story of a victim?
Many users have posted stories online regarding depositing hundreds in cryptocurrency per Jexcas.com support’s requests for withdrawal but not getting paid out. Support is unable to respond or eventually vanishes victims. The website does not have no plans to pay the withdrawal amount.
7. Is Jexcas.com licensed or regulated?
It’s not true, Jexcas.com appears to be completely not licensed and regulated. Jexcas.com offers no documents about its owner, location, or regulatory status. The absence of transparency is an unmistakable red signal that it is an enticement to scam.
8. What can I stay clear of the Jexcas.com fraud?
Make sure you only use licensed, established crypto casinos that have long operating history. Explore any new casino thoroughly prior to registering. Be wary of huge crypto bonuses that require deposits to cash out winnings. If something appears too appealing to be authentic, it probably is
The Bottom Line
Websites such as Jexcas.com demonstrate why prudence is vital when playing online, particularly when promotions and crypto are involved. If you think that an offer appears too appealing to be real, it most likely is. Be sure to research any new gaming platform thoroughly before you make a decision before relying on the statements about affiliations with celebrities such as Elon Musk.
The gambling with cryptocurrency comes with many advantages, but there are dangers if you choose to play on unregulated and online casinos that are anonymous and have no accountability. Make sure to stick to accredited licensed casinos with a the history of fairness and making out winnings. Be wary of a site which requires an additional payment just to gain access to your current account balance or win.
If you take common sense precautions If you take the proper precautions, by taking common sense precautions, you can take advantage of the advantages of gambling with crypto without risk. However, you need to look out for scams such as Jexcas.com which are solely designed to take advantage of unsuspecting customers. Be wary of websites that promises something for free Be sure to do your research before you sign up and don’t let your ego prevail over good judgement.