Review on xscoin by Stephen Toluwani
Xscoin is a legitimately operating Scam
The Xscoin project seems not to have a long history in the crypto industry. the project in my view is a legitimately operating scam as it is still being officially traded on an exchange with high volumes and even with a good price as at it. In my preliminary research about the project via its website, I can see that is being displayed as an Ethereum project created but I don't understand how it is using Tron at the same time. The token address which is used to create the coin can be seen on etherscan yet to operate with what the project has to offer, one need to use a Tron browser so as to connect his wallet directly
In the little information that one can see around the project, it claims to be like a Defi project, a yield farming project, a smart contract crowdfunding projects, and you can even place it as a Ponzi scheme as referrals can be used to level up and earn more money. Although it is still being traded on Vindax Exchange, I will really advise everyone to stay away from this coin.
Pros
- The coin is still being traded with good volumes
Cons
- The project definition is one-sided and cannot be trusted
