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Bestwayfxtrade.com is another crypto scam that also claims to be involved in CFDs and Forex trading.
Everything about this investment company is shady, from how their site is disorganized to the returns they promise clients
Bestwayfxtrade has similar characteristics to the pyramid scheme. The data they have on their website is very insufficient to make you want to invest with them.
The company founder remains unknown to the public. Its team as well is operating behind the scenes. This company is not transparent with investors, and any expert investors would stay away from them.
We recommend you do thorough research when planning to invest online. The market has many scammers flooding and ready to steal your cash.
Bestwayfxtrade has a variety of mining plans that offers numerous returns and varies in costs.
This company will not be in the market for long. Once there is no more revenue coming their way, they will exit the market without leaving a trace.
The company states that investors can cash out money as many times as they wish. They process the withdrawal is instantly handled.
The platform welcomes all form of investors to invest with them, newbies, and expert clients can find a program to serve their needs.
The investment company is unregulated. You will be risking the safety of your cash by indulging with them. Avoid believing their claim to make you rich. Their narrative is baseless and false.
It is the nature of humans to want to become rich within a short duration. But at what expense? There are legit bitcoin mining companies in the market that you can trust with your money. Unfortunately, Bestwayfxtrade.com is not one of those firms.
Bestwayfxtrade.com claims to be a BTC mining company. The company offers clients an opportunity to earn an extra income without having to deal with the complex technical factors involved in mining activities.
Sadly, this company does not outline the business model that they incorporate. You should not trust any company blindly without having real data. The registration process of the platform takes a couple of minutes to be complete.
The platform allegedly also undertakes trading investment, but they do not have financial reports or trading history in their site. There is nothing transparent about this company.
Usually, what happens with credible online investment company they provide their clients with a draw down or an estimate of their win rate that they are likely to attain.
They claim that their customer support responds to questions of their clients instantly. They use email, and ticket system to offer professional, effective, and fast response.
The platform states that they assist their clients in predicting the market by utilizing their expert team.
Bestwayfxtrade.com does not have a demo account. They showcased the number of investors who they are working with and the available hash power in their company.
Everything about Bestwayfxtrade does not add up. They don’t concern themselves in disclosing the qualification of their team. How can you trust people whom you are not aware of their level of expertise in handling your money?
Investment is a very crucial activity and should not be taken lightly. The safety of your funds should be your top priority.
The various government is trying their level best to protect their citizens from fraudsters that have plagued the investment sector.
The cryptocurrency niche is growing popular day in day out. Pyramid schemes are out in the market, hunting for innocent investors to scam.
A lot of people lack adequate knowledge of how cryptocurrency investment works, and this is the reason as to why they are being exploited.
Bestwayfxtrade is one company that is operating illegally and risks facing criminal charges. The investment platform has no regulation documents on its website. We checked with the relevant authority database, and it turns out they are not anywhere on their list.
Moreover, the company claims its offices are located in the US. The address is; 1010 Moon Avenue, NY 10018, New York, US. First of all, there are very few investment companies that have a license to operate in the United States.
This is due to the strict measures that the country has put into place. There are specific protocols and rules that companies need to adhere to. Hence, other crypto platform opts to be located elsewhere.
You can contact the customer support of Bestwayfxtrade via email; supp[email protected] or via telephone number; +1 509-596-0164.
We do not know the speed the platform used to respond to the query of their clients.
But given the nature of many pyramid schemes, once you deposit your money with them, the chances of hearing back from them is very minimal.
Bestwayfxtrade has four trading and mining investment plan for its investors. Just like all other pyramid schemes, the platform creates the notion that the higher the money you invest, the greater your returns will be.
The number they have put up in their site is enticing, and it can lure so many newbies into believing their lies.
Logically speaking, if any company comes to know any opportunity giving out this kind of return, they will never share it with the public.
Moreover, they will use the time to open their portfolio. Mining requires a strategic plan. You don’t just dive in and expect to make huge profits.
The misconception going on around that cryptos are the key to quick financial freedom is incorrect. Digital currency investment requires skills and patience.
Bestwayfxtrade platform has a section that they feature testimonials from their investors. While in the past, customers’ experience used to determine the credibility of a company.
However, this is no longer the case, as these pyramid schemes manipulate testimonials.
By leaving fake reviews, they plan to lure more people in their platform. The method helps them to appear as if they are transparent while, in reality, they are only fraudsters.
If you pay close attention to the reviews left behind, you will realize that the user does not attach their social media link. They are no means of verifying if the investors exist.
The company also has a referral program that encourages users to invite other people and be able to receive a 100% bonus. It sounds like a good deal but does not be fooled into believing their claims.
All the testimonials praise the site and recommend other investors to utilize the platform. Do not fall for this tactic. There is nothing good that will come from this company.
Stay away from Bestwayfxtrade, unless you want to lose your funds. Their testimonials’ purpose is to create good PR.
We did manage to acquire useful info from Whois.com and Alexas.com. The company seems to be using a private server as we couldn’t find the people behind their fraudulent activities.
However, the company domain name is Bestwayfxtrade.com. The company registration process took place in October 2019 and will expire in October 2020. The audience that the platform targets remains unknown.
The BTC mining pool company is a fraud that you should keep off. They have many red flags that are undeniable. You should not trust them with your cash.
The company has not passed the due diligence test; they are operating illegally. You might earn some money on your first investment, but after that, they will ghost on you.
Finally, funds are not safe in Bestwayfxtrade; you should only invest with credible forex brokers in the market.
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