Estimated reading time: 6 minutes
GB21 claims to own some of the largest mining farms in the world. Unfortunately, there is no reference to any GB21-owned Cryptocurrency mining farm anywhere on the website or the internet in general.
GB21 offers 4 types of products. They allegedly mine Cryptocurrency for their investors, trade Cryptocurrency using a special robot whose details have not be disclosed, stake in Bitcoin and offer an ICO (which hasn’t been launched yet as at the time of writing this review).
These 4 products are of special interest to us because GB21 looks a bit suspicious. While the website is complex in terms of design and full of content that can only be described as promising, there is very little information that would build the confidence of an investor looking to profit from Cryptocurrencies.
Before you jump into GB21 with real money, hoping that things will be good, think twice.
We are not saying that they are a scam. However, lack of critical details to back their claims and promises has made us doubt them. In fact, every time they make a claim, it is always not backed by any evidence or fact.
NB: Interested In Trading Bitcoin And Other Cryptocurrencies for Profit? Now, You Can Trade Better, Faster and Smarter for More Profits With Ready to Use "High Performance" and Approved Verified Robot. With This Software, You Are Not Only Able to Auto-trade Bitcoin and Other Cryptocurrencies Profitably, You Can Also Invest in them or Other Newer Cryptocurrencies. You're Given a Dedicated Account Manager After You Fund Your Account Who Will Help You With the Best Settings and Strategies To Get the Most Out of Your Investment. Click the Banner Below To Register Now:
Note: If your language is not English, you should use the language dropdown menu at the top right hand side of their page to select your language.
The exact physical location of this company is not known. Their physical address has not been stated anywhere on the website.
But when we look at the details of the domain, we see that the location of the owner is 4600 EAST WASHINGTON STREET, SUITE 305, Phoenix.
Their name is protected by something that goes along the lines of NAMECHEAP.COM NAMECHEAP.COM.
That means they were not willing to let us know who they are. On top of this, there is also another interesting discovery. The domain Gb21.com was registered in 2013.
But according to the website of the GB21 Company, they began their operations somewhere in 2015. This statement cannot be confirmed as the absolute truth.
In fact, when we trace the activities of this company starting 2015 (the date which they claim to have officially began operations in the Cryptocurrency industry), we find no trace at all of this company ever working on any Cryptocurrency project.
GB21 also claims on their website that their mining farms are located in China. But the exact location cannot be verified. On top of this, most of the information that is presented in this website is just promises.
Note: If you’d like to mine altcoins in the cloud, click here
(a) Cryptocurrency mining
GB21 claims that they are actively involved in mining the most profitable Cryptos such as Bitcoin, Ethereum, Litecoin and many more.
Essentially, they are offering Crypto cloud mining plans for those who want to generate these coins for profit.
The website also claims that they’ve been able to successfully overcome the difficulty of mining Cryptos, and thus you will always make money with their plans.
(b) Altcoins trading
The second aspect of their business involves using a special bot to trade Cryptos on behalf of their clients.
It is not clear whether this Crypto robot is ready as at now. The company hints that the team isn’t ready yet. But the robot is already listed on their website as a product, and they are claiming that their technicians have managed to build a winning robot that will make money for the ordinary trader.
(c) Staking program
This is one of the many reasons why GB21 is looking like a common hype on the internet.
The website claims that GB21 teamed up with another entity called MCAPLABS. This partnership has allowed them to generate some profits to their members as long as those individuals are holding MCAP in their wallets.
We do not agree with this staking program as it sounds like a hype than a reality. Just be careful with these promises.
(d) ICO program
These days, people are launching ICOs left right and center. GB21 is one of those companies planning to follow suit by launching an ICO early this year.
They claim that they have a team of experts who are working with various programs to raise the value of this ICO.
Where exactly is this team? Who are the members, and what are their qualifications and experience?
Although they have a tab labeled ‘’whitepaper’’ on this website, clicking that tab will only leave you with more questions than answers. Those questions clearly raise many red flags on this project.
We doubt long term sustainability. We doubt whether these guys have a roadmap. Even if it’s there, it is not clearly defined. That makes GB21 sound like a scam, isn’t it?
We understand it that guys can win free Holidays and luxurious cars if they perform certain activities or meet thresholds set by this website.
Again, when you read this part, you will not understand what is being communicated on the website because it doesn’t clearly state things in a language that everyone can understand.
The point is, there are many disconnected joints in how the presentation is made. A wide investor should be able to ask these questions before putting their money at risk.
There are two types of investment packages offered by this site. The first investment plan is for those who want to purchase hashing power for mining altcoins.
The second package is for those who are willing to keep the so-called MCAP. As a miner of altcoins, GB21 is asking you to invest a minimum amount of $100 or a maximum of $1000.
For the MCAP investor, the website is asking a minimum investment of $100 and a maximum of $450,000 per contract. That’s ridiculous, isn’t it?
If there is no clear roadmap on where this company is going, why would you give them that much for your investments? Don’t risk any money here.
We will not overlook the fact that GB21 is an anonymous company with faceless Executives. That alone makes it a dangerous venture to put your money in.
They should have started with the basics before talking about other things. If they missed these basics, it could only mean that this is a huge scam.
Secondly, there is no client feedback about this company anywhere on the internet. If they began their operations in 2015, we believe that this is a long time for them to acquire customers.
Where are reviews and testimonials from these clients? We don’t want to believe that these clients are anonymous just like the operators of this website.
Something clearly looks fishy, and we are not about to ignore our instincts on this matter.
You see, for every genuine company that we recommend here, we make sure that their backgrounds have been verified and that they have real professionals and real altcoin mining farms located somewhere in this planet.
As for GB21, it is unclear whether they own mining farms anywhere in the world. It is unclear whether they have real professionals working for them.
The company CEO is anonymous. Their corporation status is equally anonymous. Who can believe them?
It’s so unfortunate that a cleverly-designed website like that of GB21 website can omit such important details. Besides, every legitimate company on the internet has professionals whose profiles can be seen on LinkedIn and elsewhere. If we cannot find any background details pertaining to GB21 website, it should be treated as a red flag. No doubt about this.
Help Us Fight Scams. Please Donate to Support Our Work. No Amount is too Little or too Big. Thank You..
August 23, 2017 By Warren
Some social media users have been blasting and trolling Meir Barak of Tradenet because he said in one of his...
June 7, 2017 By Warren
Is Forex School Online going to really teach you the right skills needed to make money from the markets? We...
June 6, 2017 By Warren
The word ''Forex'' is an intriguing phrase for most people. That alone makes the Forex market a healthy breeding ground...
June 6, 2017 By Warren
Traders Elite (traderselite.com) is a scam that claims to have the secret of identifying the exact millisecond to enter and...
June 4, 2017 By Warren
The Forex market is a lucrative place to be. However, it is also a conducive environment where scams like Super...
Valforex.com cannot be held liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Both Forex and Binary options involve high-risk and are not suitable for all investors. Either Forex or Binary options may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity… Read More
Get Started With Digital Options Now. No Experience Required!
NB: You won’t see this offer again.