Original language : English
Date : Sat 07 Nov 2026 06:38:18
Project : Minnds
Author : Anonymous
Risk : Danger
Category : wallet
The lowdown on the minnds situation

A warning about minnds.com has popped up over on r/CryptoScams — the site bills itself as a non-custodial crypto wallet and trading service.

According to the poster, One_Possibility5478, the service puts on a show of being a wallet and an exchange, but in reality your money gets locked up. The user says they lost $200 and walks through the scheme they ran into. In their words, the Q-bit token balance shown on screen isn't backed by anything actually sitting on the blockchain — it's just numbers in a web interface. Try to swap your assets or withdraw Ethereum, and the site's admins demand an upfront deposit to cover the network fee (gas fee). And if you pay it? The withdrawal still doesn't happen — instead the payment demands keep coming, now with excuses like taxes, account activation, a security deposit or "queue approval".

Other folks in the thread filled in the picture with technical details. As UpbeatFix7299 pointed out, sites like this — same rinse-and-repeat extortion mechanics — show up all the time under different domain names.

In PhoebeCrystall's view, the key red flag here is the fake internal balance: any numbers you see on a website prove nothing about actually owning assets if you can't verify them in an independent blockchain explorer. PhoebeCrystall also stresses that demanding a separate external deposit just to pay a network fee goes against how legitimate networks work — there, the fee comes straight out of the transaction itself. If you're stuck in a situation like this, the advice is simple: stop all transfers immediately, save your transaction IDs and the whole chat history, and steer clear of fake "fund recovery" helpers (a recovery scam) that want an upfront payment to get your money back.

The OP didn't attach any direct screenshots, but the mechanics described — funds held hostage plus endless upfront fees — line up with the classic playbook of scam storefronts with fake balances and never-ending "pre-fees".

domain explore registered registrar abuse email score average
minnds.com May 25, 2018 GoDaddy.com, LLC [email protected] 4/100 4.0
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source

https://www.reddit.com/r/CryptoScams/comments/1xpeh2l/keep_away_from_minnds_dot_com/

Trust Rating

4
96
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