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Gensunion Review: Gensunion.com a Messy Scam

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Gensunion Review: Gensunion.com a Messy Scam

Gensunion is another pyramid scheme in the market that claims it will bring success to investors. Despite them being new in the market, they display that they have received a lot of deposits.

The company market itself as a platform that maintains stability in the market.  Despite the volatility nature of digital assets.

The allegation of this company is misleading and bogus, and you should not invest your money with the website. Venture with reliable crypto trading companies in the industry.

Their team comes in handy, and it is due to their expertise in the market that they minimize risk in the industry. They assure investors that they will obtain stable income if they invest on their platform.

Gensunion claims they are a private investment platform that is registered in the UK. They claim they have been in the industry since 2012. Sadly, the information is false.

Gensunion Review, Gensunion Platform

The company lures innocent investors with claims that they will earn a passive income by utilizing their services.

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You don’t necessarily need to have any background knowledge in the market. You can join, and the platform team will do everything for you.

For you to perform well in the online investment niche, you need to have adequate knowledge in the market. You can’t just dive in and expect to make huge returns.

They accept funds using Perfect Money, Payeer, Litecoin, and Bitcoin. The platform promises users that they will have the best experience when they invest with them.

Gensunion.com Review

Gensunion.com is a company dealing with crypto trading. They state that they do not have any hidden charges. The least amount of money that you can withdraw is $0.30.

The platform mode of operation has so many loopholes, mainly since their business model is not discussed.

The company claim they have a better method of mitigating risk. The withdrawal process takes approximately 2 days to be processed. However, if you experience any delays, the platform urges you to be patient.

We strongly believe there is no trading taking place in this fraudulent company. For instance, these scammers do not have any financial report on their site; hence it is challenging to verify the claims of their exceptional performance.

The company also brag of their professional team, yet there is no managerial report. Their allegations are baseless, and you should not trust them without knowing the qualification that they possess.

Crypto trading is a venture that associates numerous risk, and unless the platform is offering users a top-notch trading bot, there is no way they will grant users such returns.

Regulation and Customer Support

Gensunion is a platform that is operating illegally. They have put up documents on their site to prove they are a legit company.

However, registration forms are very cheap, and the pyramid scheme displays such material to confuse investors. There is a difference between a company being regulated and registered.

For an investment company to operate in the UK, they need to be licensed by the FCA. The company states they are located in 40 Cartland Road, Birmingham, UK, B14 6ST.

They offer customer support services via email; [email protected], and on telephone number +4412113680071.

Ironically the platform state they are legit, yet they do not provide enough information to prove their licensing status.

The owner and the team of Gensunion.com are operating behind the scenes. You will be trusting a ghost investment company with your money. Anonymity is something that is not appreciated in the market.

The is no information or method to verify the customer support system is responsive. Be cautious of Gensunion.com.

Gensunion Investment Plan and Returns

Gensunion has three investment plans; their first plan offers a return of 200%. The least amount you can deposit in all plans is $10, and the maximum amount of $10,000.

The second plan offers a profit of 502% after three days. The third package promise users a return of 820%. There is no much information available regarding their investment plan.

Apart from the fact that the company is offering ridiculous returns to their investors. Keen traders will notice the red flag immediately and avoid the company.

Gensunion.com Scam Review, Gensunion.com Plan

Ask yourself if any company discovered a venture that could yield them such returns, what are the chances to share it with the member of the public?

They would spend the time opening their portfolio, instead of advertising it. The platform is a Pyramid scheme that only lures naïve investors into their greedy company.

They will leave you high and dry, as they will steal the last of your investment coin. Gensunion has no intention of making any trader rich. The law might catch up with them, but before then avoid them like the plague.

Gensunion Referral Program

The platform has a referral program that they urge investors to utilize. Gensunion offers users an affiliate program of 10%, 15%, and 20%.

The more people you bring into their company, the higher your chances of earning more. Pyramid scheme depends on the affiliate program to earn revenue.

Without traffic, there is no business for them. The company will use the funds of new investors to pay its pioneer clients.

Gensunion.com Review, Gensunion Referral Program

Once no more funds are coming in, it is time to call it quits and exit the market. Gensunion is a firm that uses shady promoters for advertising their fraudulent activities.

In case you encounter positive reviews, adverts promoting the website, you should keep off. There is nothing good that will come from these scammers.

There is usually a conflict of interest between the marketer and the scammers. The investor is the only person who will make losses.

The Domain Insight

We did thorough research on this fraudulent company, and thanks to Alexa.com and Whois.com, we were able to get a better insight.

The company has an Alexa global ranking of 2,338,122.  The official domain name of the platform is Gensunion.com. It was registered on 20/2/2020 and will expire on 20/02/2021.

Gensunion.com Final Verdict

The pyramid scheme states that they have their cryptocurrency production farm, which they don’t care to disclose.

They claim to have a trading strategy which they optimize; hence it guarantees their clients that they will receive a stable earning. Stick with the trustworthy crypto trading platform that will help you make reasonable returns.

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