It's a CONFIRMED scam broker/company, recover your stolen funds by filling out the form below and you will get a FREE Mychargeback consultation today:
In this review, we analyze a supposed Crypto mining operation known as Wawex and we also conclude that it is a scam. On the sales page, Wawex claims that the site was founded in 2015, but this information is hard to verify because the owner has masked these details from the public. Wawex is supposed to rent out Crypto mining hardware by selling hash power based on the promise of a certain daily ROI.
The way it works is that you pick a tariff, pay for it and Wawex will automatically start mining Crypto currencies on your behalf. This is the kind of theory that Wawex is giving us but there are a lot of questions to ask regarding the operations of this site. The tariffs in question offer anywhere between 1-5% daily returns. This would mean up to 150% a month which is just too good to be true because no matter what type of equipment we are using for mining, we can never make these returns.
Therefore, this is a red flag and as we dig deeper into the operation, you will discover what makes this a total scam and a place that investors must shun at all cost. But before we do that, we also want to lead you to the right path by asking you to check out these legit Crypto currency cloud mining operations.
Wawex claims that it is an international company that is specialized in providing Blockchain based solutions. The cloud mining service was allegedly created in 2015 by experts but these ”experts” are anonymous. The site does not introduce us to any of those experts. It’s questionable that the site is talking about experts and not minding to prove that indeed they are working with experts in the field.
They also claim that Wawex has become the largest distributor of computing power for mining Crypto currencies. This is largely doubted because Wawex has never appeared in any list of legit Crypto currency cloud mining service to utilize in 2018.
As we scroll down the site, we find a number of supposed benefits listed on the site. These include high daily returns, minimum withdrawal being $1 only, Instant payouts, 10% referral bonus and 25GH/s for signing up, bonus hash power every hour which ranges between 1 GH/s to 25 GH/s. This is supposed to be awarded every hour. There is also a sign up bonus of 500 GH/s. This contradicting because at the same time, the site says we are entitled to getting 25 GH/s when we first sign up. We hope they will soon elaborate what they mean by these two contradictory statements.
👉 Are you looking for a Forex Robot that offers realistic returns even when the markets are volatile or down? Golden Pickaxe is the BEST Forex robot using low risk and EARNING a whopping 47.93% monthly profit margin. You get a robot offering the best in terms of safety and guaranteed profits no matter the risks. A gold-driven EA robot, the robot was created and developed over ten years. It has the pedigree to offer gold traders a profitable all-year-long profit regardless of market conditions. We have tested the platform, and it has seen remarkable profit margins for the past 15 months. The well-known trader developer (Valeriia), put the robot out there for any trader to confirm its realistic profitability. And the robot was tested and seen to be even better than what we thought was the best, Waka Waka. Golden Pickaxe is now one of the best-proven forex robots that offer profitable outcomes, and all data are third-party verified independently via Myfxbook. The balance volume for Golden Pickaxe is there for anyone to see. And that means you get a transparent Forex robot guaranteeing results. Even when facing drawbacks of 37.47%, the robot balances the profits. With an automated trading robot, you can receive near-perfect signals for trading gold. And that’s what every trader needs when investing in Gold. So what are you waiting for? We have tested the robot and Guarantee it’s a perfect match for you. Start earning realistic profit margins from forex trading with a LOW-RISK thanks to Golden Pickaxe. We have been using it even when the gold market was risky. Thanks to this automated forex robot, you can earn 47.93% ROI or more per month consistently. Complete beginners to Forex can start and immediately start earning a stable and reliable income with it. What's more? You don’t even have to deposit funds with your broker when using the Golden Pickaxe robot. Just register with a Broker such as IC Markets or Coinexx (for US-based traders); there’s no need to deposit your real funds with them. Instead, use the Golden Pickaxe robot to pass a funded account challenge on FTMO. No worries, it’s very easy to pass once you install the EA. Once you pass the challenge, FTMO funds your account with real live funds depending on the challenge you passed, then you can simply carry on trading with the EA on the live account and request payouts monthly whenever you want to withdraw your profits. All challenges and trading are done automatically by the Golden Pickaxe robot, so you don't have to worry. Or... if you don't like the idea of a trading challenge/evaluation, you can simply buy a cheap funded account with prop firms we recommend like FundYourFx, get instant funding of a real account, then start using the robot to trade, profit and make weekly withdrawals, very easy. If you have any questions or want help with the setup, head over to our live chat and ask for Corey Woods. Corey will help you with any issues, problems, or initial setup along the way. Here’s your chance to start trading Gold and earn with an AUTHENTIC, PROVEN, AND SAFE Forex Robot. Sign up today for a chance to get a reliable side income with GOLDEN PICKAXE. Click the button below to buy the EA, then contact me on live chat if you need any help setting up the whole thing.
Also, when we look at the tariffs, no time periods for the contracts have been specified. We don’t know whether we are supposed to earn these ROIs for a specific duration of time or forever. However, it appears that the site is suggesting that these ROIs are supposed to be earned for a lifetime.
And by the way, real mining contracts are supposed to have a limited time duration as opposed to paying a small amount and expecting to earn for a lifetime. This is because mining of Crypto currencies is expensive. There is the cost of hardware mining and that of electrify.
But the greatest evidence that Wawex is not mining is the numbers which they are giving us in the mining contracts. You cannot expect to make 5% daily returns in any mining operation and even if we blended mining with other forms of economic activity, we would still not earn this ROI. The reason you cannot earn 5% daily ROI is because the ultimate profits that we will earn is influenced by the prices of Crypto currencies and the cost that we are incurring when we mine the coins.
So these promises are not sensible and it proves that Wawex is yet another scam. We have reviewed several of them before and we know that these signs always represent something fishy.
These numbers are false because they cannot be verified. The anonymous owner of Wawex does not provide a means to independently audit those figures and establish the truth. There is a list on the site which shows us supposed payments to their members. But these numbers are fake. You don’t have to wonder whether the owner of the site is telling the truth.
After carrying out investigations, we have deduced that Wawex is either a ponzi scheme or an outright scam. So, if it is a ponzi scheme, it will pay for a specific period of time before it can stop issuing out payments. However, even as it pays out these returns, it will be using money which is collected from deposits., and that is how ponzi schemes are supposed to work.
Because this business model is flawed, you can rest assured that things will not continue this way for a long time. A ponzi scheme is mathematically doomed to fail for the simple reason that when investors finally discover that this is a high risk investment, they will stop showing interest and one thing will lead to another. Eventually, the anonymous owners of Wawex will pull an exit scam with all the money that had been invested. By the way, even as they issue out payments, they will only be using a small fraction of funds collected from new investors to do so.
On the other hand, if Wawex is an outright scam, then it will just take your money and pay nothing in return. Both of these scenarios are bad for your financial future.
Wawex is a a scam that lies that it is mining Crypto currencies when in truth, it is intending to scam gullible investors of their hard earned money. It is a question of when it scams you and not if it scams you. The best thing you could do for your investment is to trade Crypto currencies or mine them with these reliable companies. Don’t trust scammers though.
Valforex.com will not be 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. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, 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. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.
5 Replies to “Wawex Review: Free GH/s Crypto Mining Scam!”
Fill out the form below to recover your lost funds from this scam company
Does not pay out.
Not paying scam hours bhai ha
HUGH SCAM … WILL SHOW ON THE HISTORY PAGE PAGE THAT THE WITHDRAWAL TRANSACTION WAS SUCCESSFUL BUT NOTHING WILL SHOW ON YOUR WALLET…SAVE YOUR TIME AND MONEY AND STAY AWAY FROM THIS SCAMMERS!!!
no paga es scam, inverti 50 dolares y nunca me depositaron en mi billetera de payeer. f**kyou… wawex.
Sorry for that scammers.
I transfer 100 PMUSD to their account, but my level didn’t improved.
I wrote too much message for them, but didn’t receive any response.
Also when I called to their phone, someone told that here is not Wawex and is another company.
Don’t waste your time with that rubbishes.