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- Popular platform Şikayetvar reports a 22% increase in crypto complaints in the first four months of 2024.
- Adoption and use of Bitcoin and other cryptocurrencies are increasing daily, leading to a rise in related complaints.
- March 2024 saw the highest number of complaints in the last 16 months, with a total of 3,5223 complaints.
Şikayetvar, a popular platform, reveals a 22% rise in crypto complaints in the first quarter of 2024, reflecting the growing pains of the rapidly expanding cryptocurrency market.
Increasing Crypto Complaints in 2024
According to data released by Şikayetvar, the first four months of 2024 saw a significant increase in crypto-related complaints. The platform reported a 22% rise in complaints, with the total number reaching 7,711. This is a stark increase from the total of 6,296 complaints reported in 2023.
March 2024: A Peak in Crypto Complaints
March 2024 marked the highest number of complaints in the last 16 months, with a total of 3,5223 complaints. This surge in complaints is indicative of the growing challenges faced by users in the rapidly evolving crypto market.
Nature of Crypto Complaints
The complaints ranged from issues with platform access, account resets, identity verification problems, failure to update phone numbers, excessive commission fees, misleading pre-sale prices, slow transfer times, difficulties in selling during price hikes, restrictions on buying during price drops, misguidance by customer representatives leading to losses, and lack of customer service after investments.
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Conclusion
The rise in crypto complaints in 2024 reflects the growing pains of the rapidly expanding cryptocurrency market. As adoption and use of cryptocurrencies continue to increase, platforms must address these issues to ensure a smooth and secure experience for users.
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