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Choosing a scam like BitFXTradex would only lead to negative results. Avoid offshore entities that use false information to trap more victims.
BitFXTradex is a venture that claims to be an investment venture. Unfortunately, information regarding the leverage, spread, or the available trading software is missing. If you choose to join the scheme, you expose yourself to severe danger. Multiple red flags surround the platform.
The entity assures investors they are going to earn passive income. They have multiple perks and rewards awaiting their clients. Once you are on their website, you will see various pop-ups stating random people have earned huge profits.
It would help if you were not quick to trust what you read. This is because there is no way of validating that the above people are indeed existing customers of BitFXTradex. Moreover, the shady venture also brags it processes the withdrawal requests at lightning speed.
You can sell, trade, or buy quickly. The company claims it is a leading cryptocurrency investment scheme. They have an experienced team who are knowledgeable about the market. We highly doubt professionals are running the entity. The venture fails to credit the team by presenting their qualification and images. The scheme has various unverified statements.
Gone are the days that crypto traders would become rich overnight. Whenever you encounter a scheme promising to make you rich by trading crypto, their chances of being a scam are incredibly high. BitFXTradex is one of those Ponzi schemes claiming to have lucrative BTC investment opportunities.
The platform can attain success by utilizing the best trading practices. However, the scheme does not care to disclose the mechanism it uses. They only claim to have flexible investment plans. The venture is promising clients stable returns.
However, cryptocurrencies are volatile. Anyone who has an insight into how the market operates will tell you that making profits is not constant. BitFXTradex is not revealing the risk mitigation it has enforced. The scheme is a rip-off. There are no security measures that the scheme enforces.
If you want to trade successfully, then invest only with the leading and reputable crypto trading companies. These are entities that provide real-time data. They care about the well being of their customers. Moreover, you are assured of receiving professional services.
Trading Conditions and Accounts
The minimum amount that investors can deposit is $300. This is an expensive investment scheme without any exclusive benefits. The venture is also offering bonuses to clients. The enticing deals are too good to be true. Before you accept their offer, keep in mind that the money legally belongs to the venture.
Therefore, you must meet the trading volume that the firm has set for you to get your money. They have 3 accounts with high returns. Sadly, you are not going to receive a penny from the Ponzi scheme.
The entity does not have a trading interface, as stated earlier. They only have unreliable charts. The trading conditions of the firms are also unknown.
Withdrawal and Deposits
Despite cryptocurrency payments being swift and instantaneous BitFXTradex claims that withdrawal requests take time. Their excuse is that the confirmation may take time. They fail to state how long but state that other methods of withdrawal requests are handled fast.
The entity is allegedly accepting money via bank transfer, cryptocurrency, debit, and credit options. The scheme has a referral program. Investors that are looking for ways to increase their income should invite as many people as they can. By participating in the program, you will only be helping con artists get more victims.
The least amount that clients can cash out is $2000. You will rarely find investment firms setting such limits for their clients. The Ponzi scheme is only trying to limit customers from getting their money.
Customer Support and Contact Details
BitFXTradex has a phone number and an email address that investors can use to reach them. The address of the entity features is false. Ponzi schemes cannot risk blowing up their cover. The authorities would come after them, and so would their victims.
You should not expect professional services from a scam. They will only be friendly when they need more funds from you. Once the entity is no longer receiving funds, its system will shut down. Your hard-earned money will be trapped in their firm.
The phone will not be answered. Moreover, the email you send will also not be answered. Invest with legit investment schemes that are transparent. You will experience world-class services.
BitFXTradex Regulation and Registration
BitFXTradex claims it is a regulated entity. Therefore, the scheme has allegedly enforced top-security measures. It is a bold claim coming from a venture that is proudly operating without a license.
The venture is a pyramid scheme. This means that the entity will only pay investors if funds are coming in on their website. The kind of companies that operate in this manner does not survive long in the market. They end up collapsing, leaving their customers high and dry.
BitFXTradex does not qualify to refer to itself as a genuine forex company. Information about the currency pair it offers, leverage, and spread is misleading. Additionally, they do not have a license from the entity. The assets the entity is dealing with are volatile. It is ridiculous that the scam is offering such high profits.
The scheme can’t make over 200% risk-free ROI. If you want to enjoy peace of mind, stick to regulated investment schemes. The open platforms will adhere to the set rules. They will deposit the required capital, repost their daily trading activities, and operate in transparency.
BitFXTradex False Testimonials
BitFXTradex is being displayed as a legit investment scheme. The venture allegedly is generating high returns. Customers are even able to retire early and live their best lives. They even fake the history of the firm. Despite the scheme not having trading software or platform information, the system operates swiftly.
Customer support is also said to respond in time. The problem is that the individuals that leave the info behind have no social media profiles or images. The company only provides random names.
BitFXTradex writes the reviews themselves. We are now used to this tactic. There are no account managers in the scheme. We also could not find reliable, verified information on third-party platforms. Watch out for such misleading data.
Are Funds Safe in BitFXTradex?
No, the platform purports to be operating from the USA. The region has stringent rules for investment schemes. This is also an anonymous entity. There is no guarantee that professionals are running the venture. Moreover, the profits that the entity provides are absurd to attain.
The location of the entity is another mystery. BitFXTradex is a Ponzi scheme. They do not have trading products or services. Stay away to avoid exposing your data to scammers.
The Domain Insight
BitFXTradex.com is a firm that has been in the market since March 2021. The strong domain is expected to expire after one year. The information of the founder is hidden from the public. Despite having to lure returns for investors, the scheme has a low traffic score. The location of its victims is currently not known.
There are many ways that you can use to earn a passive income. Choosing a scam like BitFXTradex would only lead to negative results. Avoid offshore entities that use false information to trap more victims.
Here is a list of some of the genuine cryptocurrency trading entities in the world. You will generate passive income and improve your trading skills. They guarantee the safety of funds.