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Wobit.io review: Another Crypto Scam

Wobit.io review: Another Crypto Scam

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Wobit.io is a repetitive scam that’s trying to rip off Crypto investors. The platform claims to offer a Crypto-copy trading service which is far from the truth. These scam artists are even posting numerous positive reviews to try and fool investors. Thanks to our keen eye, we have all the facts that point to WOBIT being a scandal. Avoid signing up with their bogus platform as it’s just a Crypto trading rip-off. Learn more in this credible and dependable Wobit.io Review.

Wobit.io Review

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An overview of Wobit.io

Once you land on their homepage, you feel that this is a get quick rich scheme. The homepage does not offer much information on the services available. You get a call to sign up with a so-called ‘trusted crypto trading platform.’

Before doing so, there are a few issues to note with the platform. The platform has no online reputation, and no one seems to know them. These are scam artists who want to get their hands on the lucrative Crypto trading world.

There are a lot of red flags that we must point out to protect investors. According to the disclaimer at the footer of their homepage, the platform is available in three jurisdictions. The platform has its offices in New Zealand, the UK, and United States.

With this statement, we are sure that the broker is targeting investors from these regions. By feigning the location, they want to appeal to investors in those specific areas.

Are funds safe with Wobit.io?

Wobit Features

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If you deposit your funds with this platform, it’s the last you will see or hear from them. The platform is notorious for blocking access to members’ accounts. Victims have tried contacting the broker behind this platform but to no avail.

None of their calls or emails gets any response which is an indicator of worse things to come. Your funds are not safe on a website that lacks any compliance. These are professional crypto scam artists looking to steal from investors.

Business proprietor

Who owns this platform remains a mystery and is the more reason to back out. An anonymous Crypto trading platform is a red flag. That’s why none of the victims have been able to reach out to the owners. The anonymity allows the owners to do whatever they like, including hiding.

You won’t get anywhere with an anonymous Crypto trading platform. These are likely offshore Crypto brokers trying to penetrate the markets.

Comments and feedback from various wobit users

Don’t be fooled by the positive comments you read on the web regarding this platform. Most of these comments and positive reviews are from the vendor. Scam artists will post positive reviews on platforms such as Trustpilot.

Comments from Victims Wobit.io

There’s a way of catching them as they do make mistakes. One mistake is posting positive comments at a go. You will notice that the Trust pilot’s positive comments are in the same timeline. It’s a sign that the same person is posting these reviews.

Domain background (wobit.io review)

The website is now going for a year since its inception. According to the domain tools checker, the website went live on April 30, 2020. What is weird is the fact that there have been 6 hosting changes for the past three years.

It means that the website was sold to someone else in the last year. These are scam artists who keep on repeating scams once the previous one gets exposed. Stay away from repetitive Crypto scams, as wobit is an excellent example.

License and Registration of Wobit.io

Wobit.io does not hold a valid trading license from any regulator. And this is the nail we need to put this website to rest. Without a valid license from authorities, they hold no credibility. Please stay away from this website as it’s a fraud and will likely lose your money.

The website’s history shows a platform that doesn’t safeguard the interest of members. If the platform were legit, they would post copies or links to their license details.

Without a valid license, Wobit is on the verge of making members lose all their deposits. Such platforms wait for members to start asking for their money before shutting down. It’s one of the saddest things to see, especially if these victims are new to Crypto trading.

To avoid this, reading reviews such as this one help give you an insight into what to expect. Please stay away from any Crypto trading platform that fails to prove its compliance.

Pros and Cons of Wobit.io

Account managers

Available Products wobit

There’s no way to trust anything this platform sells, including the purported account managers. The platform lacks the professionalism to hire qualified account managers. Even the managers are anonymous as we have no names.

You should know who handles your funds in case of a withdrawal emergency. Investors are depositing funds to an unknown entity which is risky. None of the account managers have the pedigree to manage your funds.

Available products

Wobit.io is offering four products to investors as a way of making a profit. These products include Funding options, Leverage, Margin trading, and Mining pools. There are a lot of issues to note with the services provides by the platform.

The biggest red flag is that the broker does not give information on the specifics. We don’t know the leverage set for trading or the crypto funding service program. It points to a platform with no credibility or transparency.

Contact and Support

When you click on their contact page, you get a Google map of their location. Thanks to London trading online group, we can ascertain that the platform is non-existence. These traders went to check whether the platform’s offices were indeed on the map.

It’s a residential building and does not hold any offices. The phone number is of no help as it rarely goes through. Even sending emails will not help as there’s no response.

Deposit and withdrawal options

Depositing funds with any online platform is easy and takes less than three minutes to complete. The biggest problem facing victims is withdrawal. None of the members have had the chance to withdraw funds from the platform.

Even those claiming to make money have not posted withdrawal proof. And this is a pointer that there’s no withdrawing when it comes to this trading platform.

Scam or Legit Wobit.io

Wobit.io Crypto Trading Platform

Wobit.io is a crypto scam that everyone should avoid. There’s no crypto trading taking place. It’s just a website that takes money from unsuspecting digital currency investors. By exposing them, we hope that no one else will fall victim to their scam. These are scam artists who will stop at nothing to steal your hard-earned money.

Final verdict

We won’t be recommending this platform for various reasons. The broker lacks transparency and holds no valid trading license. There are several complaints lodged against this website. The best option is to stay away.

Use tested and tried experts who have proven they have what it takes. A safer way of trading is having a reliable expert to push you through the trading world.

We wish everyone a profitable and safe trading experience.

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2 Replies to “Wobit.io review: Another Crypto Scam”

  1. H***o Kenneth,
    If you ask me, the best investment depends on the risk you’re willing to take. It would be best if you had an informed decision, especially from reliable experts. The links above will direct you to the best brokers in the industry. If you’re looking for Crypto trading investment, how about using proven robots? Here’s the link
    https://www.valforex.com/2018/01/profitable-cryptocurrency-trading-robots.html
    You can also choose to invest in Crypto mining. The decision is yours to make.

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