Prima-wealth.com is an alleged company that was created to utilize advanced cloud mining technology for mining cryptocurrencies. The company states that cloud mining enables them to earn bitcoins even without having hardware.
The platform surprisingly mines bitcoins without electricity, mining software or bandwidth. The company claims the mining is done remotely on the cloud. The platform boasts not requiring electricity hence not incurring electric bills.
Despite the cloud claims over the use of no electricity how they operate is unknown to the investor. Prima-wealth.com despite the alleged return fail to provide you with evidence for their promises.
For investors to know the techniques first, you have to deposit funds. Investors with experience in the trading world will at first glance, realize some shadiness in their dealings.
Prima-wealth.com boasts having dedicated servers with the highest security level of protection. The platform promises investors it funds safety. Yet no banking information has been providing by the website. The platform states the main reason it exist is to utilize cloud mining technology.
The company does not disclose the method available to withdraw your funds. The platform does not showcase their founders and employees. Hence this should raise more doubts regarding the company.
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Prima-wealth will swindle your funds once you believe anything they tell you as only Ponzi schemes exaggerates return percentages. The company convinces investors they have the rare differentiating characteristics provided in crypto-industry.
Prima-wealth copies passive-income methods used in traditional finance. The company promises to stake projects token design and consensus mechanism. Prima-wealth assures investors the capability to earn rewards directly on-chain while holding given currency.
The platform claims they use Ethereum impending switch to Proof of Stake. The company features a deposit section and withdrawal featuring testimonial figures paid out. However, this is a common trait among scam platforms you should be on aware and stay away from them.
The trading company has numerous red flags rather than trust. Their humongous investment plans may tempt you. Always ensure you deposit funds in legit investment companies.
The figures they have on their website may attract you into investing with them but do not be quick to deposit your funds. Nothing the platform promises to investors is proven to be successful.
Prima-wealth features a get rich overnight scheme. Nonetheless, any keen investor with knowledge in the mining will realize this accusation are not valid, and you require patience and skill to attain them.
For any platform to generate funds from the public authorization and certification by legal bodies is mandatory. Prima-wealth.com does not have licensing documents. They operate illegally and can easily go against the law whenever they choose.
Legitimate governments have set different regulative measures to protect citizens from scam platforms. Ponzi Schemes seldom produce banking information. Hence you may never realize who is handling your funds.
The trading platform risks facing criminal prosecutions once they are caught. Legit trade platforms provide customers with contact data. In case they require their assistance.
Failure to provide contact data proves some murky business in the platform. Prima-wealth.com under the contact support section no telephone data is available. The platform suggests investors who require assistance need to check under the FAQ section.
Despite not providing you with telephone contact, they still insist on offering round the clock support to investors. Investors can use [email protected] to reach the platform. However, this is not you assert you will receive feedback regarding your query.
Nonetheless, FCA Prima-wealth.com is not under FCA regulated companies. Legit trade platforms with required legal documents always boast them in the platform. They easily earn investors trust.
Prima-wealth.com claims registration in the United States of America yet no back up to support their allegations. USA has very strict measures for investment companies.
Ponzi Schemes has ridiculous investments plans to lure investors into depositing funds. They guarantee clients a 14% profit in 15 hours under the first plan. The minimum deposit in this plan is $20. Prima-wealth.com total present is 114%.
The second plan generates 26% after 24 hours, and the total reward of 126% minimum trade deposit is $100. The third investment plan promises investors 45% in 35 hours, and Total Present is 145% minimum trade deposit is $300.
Prima-wealth.com last investment plan assures clients every hour 1.0% for 7 days. A Total present of 268% minimum deposit under this last investment plan is $500.
Logically speaking, the figures that Prima-wealth has displayed on their website is overestimated. If you do your research, you will realize that the number of returns that they present is way too huge compared to their competitors.
Gaining hourly return within hours is unheard of. It would be best if you had the patience to earn from digital currency mining. The withdrawal process is not transparently discussed. There is nothing good that will come out of this pyramid scheme.
Mining requires quality hardware and other mining tools that this company has not displayed any info. The only thing they need from their client is to deposit money and wait for them to do all the hard work. We wish it were indeed as easy as they put it.
Under Whois.com, according to our research, the company was registered in October 2019 till 2020 October. The platforms domain name is Prima-wealth.com. According to Alexa global ranking the platform has a a total rank of 6,952,506. However, the target audience is unknown.
Scam platforms survive by generating traffic to their website. The company encourage their initial investors to invite new members into their platform. In return, they will earn a commission.
Prima-wealth.com investors once you complete successful registration, you will have a unique link that you can use to promote their program. Additionally, Prima-wealth.com promises you they will give you the tools necessary for the referral program.
You can use Banners to attract new members. The trading platform features two levels of affiliate commission. Level 1 offers you a 5% referral bonus upon a successful deposit. Level 2 bonus investors earn 1%
Moreover, you may come across adverts or content showcasing absurd rewards from Prima-wealth.com. Do not be quick to trust this company. For you will end up losing funds.
Prima-wealth.com is in no doubt a Ponzi scheme on the verge of swindling your funds. Numerous red flags prove this platform only care of the funds you deposit.
The investment company is not trustworthy, and it is destined to collapse. Sooner or later, they will exit the market.
The law requires an investment company to verify the financial institution that they safeguard clients’ money. Prima-Wealth has not complied with this protocol.
The owner of the company is also running it behind the shadow. The information is hidden from the public of who they are. We do not endorse the services of this company to nay investors, and you should observe caution when approaching their platform.
Prima-wealth.com is not regulated; hence they are operating against the law. Legal trade platforms will always provide the required information proving their legitimacy to investors.
The platform return numbers are way over the limit and are not easily attainable. Invest with legit cryptocurrency companies in the market.
Finally, Ponzi schemes hide contact data from investors to prevent prosecution or getting caught by authoritative bodies. How they generate funds remains mysterious.
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