If you came across Crypto Miners UK and became interested in the investment offer, it is important that you first read through this review so that you can make informed decisions.
There are many sites that promise to pay investors high profit, but few of them actually deliver on that promise. This is the reason why you should critically analyze investment offers before sending funds to any website.
According to the Securities and Exchange Commission, education is the best form of defense against losses. If you’re serious about your investments, it is important to be well informed about the offers that come your way.
What is Crypto Miners UK?
This is a site that claims that it is a trading and mining company that is registered in the UK. It stated that its mining farms are located in the northern part of the country where the cost of electricity is low.
It asserts that it has made conditions convenient for its partners through cost optimization. According to the site, the company is also involved in arbitrage which is basically trading of financial instruments by comparing the exchanges that have the lowest price at the moment of purchase.
To buttress its claims, it mentioned the exchanges where the company has active accounts.
Is this A Reliable Company?
Irrespective of the claims made by a business, the basic question that every investor needs answers to is if the company is reliable. Getting reliable investment is the fundamental step to making money. Choosing the wrong one means that you incur losses.
The first sign that something isn’t right about this site is its empty page where it claimed that the visitor could view their registration. Dishonest sites sometimes call the investors’ bluff knowing that many investors do not really crosscheck information provided on such sites.
Trying to Gain Your Trust
You would not help noticing the effort made by the site to convince the visitor that it is an authentic business. You can see this from the early part of the site where it stated that
“We are in the jurisdictional area of the United Kingdom operating as law-abiding taxpayers; we are in a timely manner accountable for our actions.”
Most times, when a site goes the extra length to portray that it is legitimate, you can be sure that it has a lot it wants to cover up for. Hers is an advice from the SEC website:
“Con artists are experts at gaining your confidence. So be certain to treat all unsolicited investment opportunities with extreme caution. Whether you hear about the opportunity through an email, phone call, or a fax, be certain to check out both the person and firm making the offer and the investment they are pushing.”
On its About Us page, it mentioned the names of the company executives but these are false identities that cannot be verified. None of the executives have an active social media account.
None has been mentioned anywhere on the internet despite the fact that the company has been registered since August 28, 2018. Available information from Whois shows that the site was registered a day later.
A company that is involved in mining operation and trading should have an office if it is genuine. This is not the case with Crypto Miners UK. The address 27 Old Gloucester Street London, United Kingdom WC1N 3AX which it claims as its office is a virtual office.
This means that the operators of this site are not operating from that location but paid another company to use its office for things like mail contact. This is common with companies that are not really doing what they claim they do.
The lowest daily ROI that the company claims that it pays is 1.4 percent. This is unconscionably high. In fact, any company whose investment plans are not in tune with reality is likely a scam.
Fraudsters are aware that the quickest way they can entice investors is by promising them a pie in the sky such as massive profits. The lure for quick wealth is real and there are many malicious players who would exploit it.
The top plan is 3 percent daily, which is equivalent to 900 percent in a month. This is not just unrealistic, it is a sham meant to deceive people and steal their funds.
The SEC has warned about such schemes when it stated at the agency’s website that any schemes promising the investor funds as high as 20 percent is a likely scam. How much more an offer of 900 percent?
Crypto Miners UK is an active scam. No investor should be lured into it. In fact, sites that are not well known should never be invested with. The safest sites to deal with are those that are regulated by relevant regulators. Such as the ones that have license to render financial services.
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