Scam or gem!

Cryptocurrency News and Public Mining Pools

Scam or gem!

The website in question is called Housecoin.net and offers DeFi on BTC, ETH, USDT and other coin. The returns are above 200% APY and over based on locked staking and minimum amounts.

First thing that is off is the high returns compared to other more well-known defi protocols.

Second the website is clunky and sketchy. Seems that a successful website that offers defi and crypto exchange would put more effort.

Third: not a lot of information can be found when searching the Internet and even reddit. Everything is on reddit and i can't find anyone talking about the site. There is a French crypto exchange CoinHouse with a similar name as well.

Pretty sure it is a scam but there is this 1% chance that it might be a gem. Hope that the reddit army will dig more.

submitted by /u/zugzug2828
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