No Regulation

Reputation Ratings

DEFI Mining

China

|

2-5 years

2-5 years|Suspicious Regulatory License|Medium potential risk
4 Comments
Website

Influence

E

Influence
E

Licenses

No effective regulatory information has been founded yet, please pay attention to the risks!

WikiBit Risk Alerts

2
Previous Detection 2024-09-16

It has been verified that this Project currently has no valid regulation, please be aware of the risk!

The number of the negative comments received by WikiBit have reached 4 for this Project in the past 3 months, please be aware of the risk!

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Company Name
DEFI Mining
Regulatory Status
No Regulation
Abbreviation
DEFI Mining
Platform registered country and region
China
Phone of the company
--

User Reviews

More

4 ratings

Participate in evaluation
petsun32
1212 USDT that was stolen by this platform is another proof that shows the Platform is a scam.
2023-08-24 20:39
9
petsun32
DEFI Smart Mining is A Scam stilling people money way. Please stay away from them.
2023-08-24 20:01
2
petsun32
DEFI mining is a big Scam they stole all my USDT away including my team members.
2023-08-24 19:37
9
nheavan
I had deposit 200 dollars and defi mining was the platform, but after reach to my team and include me they stole all dollars of mine and my team members from trust wallet without my permission. they stolen of my 642 dollars. don't investment on this page.
2023-07-02 14:53
1

DEFI Mining refers to the process of participating in decentralized finance (DeFi) protocols to earn rewards, typically in the form of cryptocurrency. Unlike traditional mining, which involves solving cryptographic puzzles, DEFI Mining usually entails providing liquidity, staking tokens, or participating in yield farming. Users lock up their crypto assets in a smart contract on platforms like Ethereum, contributing to the liquidity and stability of DeFi projects. In return, they receive interest payments or new tokens as rewards. This method leverages the power of blockchain technology to create more inclusive financial systems without intermediaries like banks.