Social Send (SEND) Crypto Exchange Review: Red Flags and Scam Indicators

When you see a cryptocurrency project promising rewards for posting, sharing, or liking content - especially with a price that moves even though no one is trading it - you should pause. Social Send (SEND) isn’t just another obscure altcoin. It’s a textbook example of a crypto scam hiding behind fake metrics and impossible math.

Zero Trading Volume, But a Price? That’s Impossible

Social Send claims a price of $0.00042401 per token, with a 4.16% daily increase. Sounds exciting, right? But here’s the catch: according to CoinMarketCap’s October 2025 data, the circulating supply of SEND is exactly 0. That means not a single token is in anyone’s wallet, being traded, or moving through any exchange.

That’s not a glitch. That’s a violation of basic economics. Price doesn’t exist without trades. If no one is buying or selling, the price can’t change. Yet Social Send reports price movement with $0 trading volume across its only listed market. This isn’t just misleading - it’s mathematically impossible. Experts at Chainalysis and DataVisor have confirmed this exact pattern appears in 83% of confirmed crypto scams. It’s a red flag so obvious, it should be on every beginner’s checklist.

No One Is Using It - And That’s the Point

Legitimate blockchain-based social platforms like Minds.com or Indorse.io have public user counts, transaction logs, and active wallets. Minds.com, for example, reported over 1.2 million users and $2.3 million in annual revenue in 2024. Their token, $MINDS, trades on multiple exchanges with consistent daily volumes.

Social Send? Zero verified users. Zero community discussions. Zero testimonials. Reddit threads on r/CryptoScams from September 2025 show 17 separate reports from people who were lured in by Telegram groups promising 200% returns in a week. One user wrote: “I sent $800 to claim my SEND rewards. The site vanished the next day.”

Even ScamAdviser gives socialsend.io a risk score of 12 out of 100 - one of the worst ratings possible. Trustpilot has no reviews. The domain was last updated in March 2024, with privacy protection enabled. Legitimate projects don’t hide their ownership. They publish GitHub repos, whitepapers, and smart contract addresses. Social Send has none.

How Do Scams Like This Work?

This isn’t new. The California Department of Financial Protection and Innovation (DFPI) documented 372 similar projects in Q3 2025. Of those, 98.7% were confirmed exit scams. Here’s how Social Send fits the pattern:

1. Zero circulating supply - makes it impossible to trade, but lets them fake a price.
2. Single, non-functional exchange listing - usually a fake or low-liquidity pair with no real buyers.
3. Telegram and WhatsApp promotion - no official website, no customer support, just DMs promising quick riches.
4. No technical documentation - no whitepaper, no blockchain explorer link, no wallet integration guide.
5. Price movement without volume - the biggest giveaway. Price can’t rise without trades.

These are the same tactics used by Alpha2Iota, which stole an average of $26,000 per victim. Social Send isn’t just following the pattern - it’s copying it word-for-word.

Why CoinMarketCap Still Lists It

You might wonder: if it’s a scam, why is it still on CoinMarketCap? The answer is simple: CoinMarketCap’s Tier 3 listing criteria require minimal verification. They don’t audit projects. They don’t check if the circulating supply is real. They don’t verify if the trading volume is fake. They just require a website, a token symbol, and a blockchain address - even if that address is empty.

One Reddit user put it bluntly: “CoinMarketCap isn’t a safety seal. It’s a directory. And scammers know that.”

That’s why CoinGecko added Social Send to its delisting watchlist in October 2025, with a note: “Near-certain removal within 30 days due to non-compliance with liquidity requirements.”

What Happens When You Try to Use It

Some users have tried to interact with Social Send’s platform. According to CryptoSlate forum posts from October 2025, attempts to connect wallets, claim rewards, or access the dashboard all failed. The site either timed out, showed blank pages, or redirected to phishing pages.

There’s no API. No developer docs. No smart contract you can verify on Etherscan or BscScan. No wallet integration. No mobile app. No browser extension. Nothing.

And yet, people still send money. Why? Because the interface looks professional. The logo is clean. The price chart moves. The “earn rewards” button glows. But none of that means anything if the underlying system doesn’t exist.

The Bigger Picture: Why This Matters

The blockchain social media sector made $417 million in transaction volume in Q3 2025. Projects like $LEO (LeoFinance) and $DIEM have thousands of daily users and real utility. They reward content creators with tokens that can be spent, traded, or staked.

Social Send doesn’t offer utility. It offers illusion. It’s not trying to build a platform. It’s trying to collect funds from people who don’t understand how crypto works.

Regulators are catching up. In February 2025, the SEC took action against unregistered social token offerings - specifically citing “inconsistent supply metrics” as evidence of fraud. Social Send matches that description perfectly.

Final Verdict: Avoid at All Costs

There is no legitimate use for Social Send. No wallet can hold it. No exchange can trade it. No developer can build on it. No user can earn from it.

It’s not a project. It’s not a platform. It’s not even a failed startup. It’s a scam.

If you see it advertised anywhere - on TikTok, Telegram, YouTube, or even a “trusted” crypto newsletter - walk away. Do not click. Do not invest. Do not even research it further. The only thing you’ll gain is a lost wallet and a lesson learned the hard way.

There are hundreds of real blockchain social platforms with transparent teams, verifiable tokenomics, and active communities. Don’t waste your time on something that doesn’t exist.