Is Polymtrade a scam?
Asked about Polymtrade (PM), market cap rank #4668.
Short answer
Polymtrade (PM) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.
Source: isthiscoinascam.com · Updated 2026-06-07
Red flags raised
- Team is anonymous
- Not listed on any high-trust exchange
- Public scam allegations have been raised
Positive signals
- Verified smart contract with ownership renounced.
- No mintable function in the contract preventing additional token creation.
- No blacklist function in the contract preventing account freezing.
- No pausable transfers ensuring uninterrupted trading.
- No hidden owner in the contract.
- Active presence on Twitter with 1,000 followers.
- Prompt response to regulatory concerns with enhanced compliance framework.
Security audits
1 audit on record.
- Sharpe AI (2026-03-02) — critical_findings
Team transparency
The Polymtrade team is anonymous — public identities are not on record.
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