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Wullex Review: Wullex.com an Elegant Scam

Wullex Review: Wullex.com an Elegant Scam

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Wullex.com claims to help investors make money online. The platform has stated they cater to the requirement of retail investors. Wullex claims to be regulated, but there is no proof  to back up this theory.

The owners of the Wullex.com Investment Company remain unknown. Don’t be like many people who have fallen victim of the Ponzi scheme. They promise huge returns to attract more investors in the Company.

The cryptocurrency niche is broad and gives its community diverse opportunities. There are legit cryptocurrencies platforms that you can trust with your money. Numerous scamming companies will steal from you. Be cautious and careful when choosing any investment company.

Wullex Review

Wullex claims to use funds from investor’s deposits. The investment Company claims that the funds of users flow in the Hong Kong market to generate more profit. Wullex.com says that their customer support team is eager to help and respond instantly to customers’ inquiries.

The Company urges more investors to join the platform as they offer payments instantly. Their response time frame is within 24hrs. Most Ponzi scheme platforms have similar claims to attract new investors by a pretentious act of transparency.

Wullex.com Review, Wullex.com Website

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The Wullex.com company brags about having a group of expert teams handling their operations. The employees of the platform consist of professional traders in currency trading, crypto exchanges, BTC mining, and Forex. The Company claims to utilize their skills to generate great profit for its investors.

The investment company, however, has not showcased the team to the public. We don’t know the faces of the said team or seen any documents to attest to their skills.

The platform also claims to use DDOS protection, which is one of the most experienced and trusted services when it comes to offering security. This is meant to get the trust of investors by letting them know their funds are safe in the platform.

If at all they use DDOS protection service, you should know that this will protect the platform only from hackers. The service does not protect you from being scammed by the Wullex.com. Use our recommended guideline of trusted digital currency and mining services.

Wullex.com Investment Plan

It is your responsibility as the investor to perform due diligence research on any platform before investing. Invest with money you are willing to lose, but this does not mean you. Be extremely cautious when making investments.

The platform offers its clients two investment plans. The first scheme is a starters pack. The minimal amount of money you can invest with Wullex.com is as low as $10, and the maximum amount is $200. The Plan includes a principle in it. The Wullex.com company promises users a daily profit of 6% for 20 days.

The General Plan is the next pact. It allows investors to deposit from $200 to $ 2,000 amount. They claim that investors will yield a daily return of 6.2% for 20 days. The principal is included in clients’ daily returns.

What usually happens is, the Ponzi scheme pays you the first time. It might seem like a legit platform by that time. You will start fantasizing about how you will become a millionaire within no time. We hate to break it to you that Wullex.com is not a sustainable project at all.

Wullex.com scam review, Wullex.com Plan

Wullex.com will only utilize funds coming in from recent investors to pay the old ones. They also set aside the big piece of cake for themselves.

Do not let the idea of getting rich quickly affect your decision making of choosing an investment Company. The model of how Ponzi schemes operate is doomed to fail.

Wullex.com is another Ponzi scheme that you should run away from. The anonymity of its founders means nobody will come to your rescue after they exit the market. The authority can’t help to put them on bars since their whereabouts is unknown.

How does Wullex.com run its operations?

The platform states that their main goal is to make their investor rich by utilizing their expert’s knowledge.

The investment company has not made any efforts to shows how it will achieve these claims. The Company has not outlined the risks involved in their operations.

The platform only talks about the positive outcomes of investing with them. There is no evidence to back up their claims that they are involved in trading anywhere on the site.

No history or documents to demonstrate how the platform is performing in real-time. Diving in the cryptocurrency market, blindly can cost you severely.

At the initial stage of Bitcoin entering the market, many enthusiasts traders made a great amount of money. Currently, the market has evolved as timing is an essential element.

The website has an excellent user interface, but it doesn’t have demo accounts for users to familiarize themselves with.

If it were as easy as they claim, everyone would be popping in. When the deal is too good to be true, you should reconsider.

Success is contagious, and people want to be associated with success. That why we don’t understand why the people behind the platform choose to remain anonymous.

Wullex.com Investment plan and returns.

Platform offering users huge returns within a short duration should be avoided at all costs. Cryptocurrency investment companies reward investors who have knowledge and patience. This kind of investment requires time. You don’t just wake up a millionaire.

It is ridiculous how the Wullex.com promises users a return of 15% daily. The Wullex.com pyramid scheme asks for a large amount of money from investors as the deposit. So when they exit the market, they will make away with the most.

You can’t wake up super-rich without putting in any effort.  Unless you want to be scammed, stay away from this platform.

Protect yourself and your funds by choosing a legit platform and reading what other cryptocurrency enthusiasts think. But always trust your guts, and if a deal is too good, it’s probably another scam platform.

Affiliate program

Wullex.com relies on referral programs to get enough amount of money within the shortest time possible. Before their tactic is discovered, and they are exposed.

Etbot

They use their already existing victims to fetch in more investors. Sometimes the affiliate responsibility is to create marketing Content and fake testimonials in return they are paid. They pay some of those who help them market the platform and bring more traffic.

The Domain 

We have gathered critical information from Whois.com and Alexas.com regarding this platform. The domain name of Wullex.com was registered in January 2019 and will expire in January 2023.

The platform targets traders from Russia, Iran, and Brazil. Russia is the area that offers more traffic to this platform.

Is Wullex.com legit?

Any investment company offering high-risk services like crypto investment ought to be regulated by the relevant authorities. But, this is not the case with Wullex.com.

Many platforms are emerging every day—some like Wullex.com, which are a Ponzi scheme. The sites promise users a high amount of unrealistic returns. The government is trying to catch up with the new technology in all measures.

Wullex.com claims to be in line with the requirement of the authority. The platform has a certificate indicating they are licensed to carry out their operations.

Wullex.com Scam Review, Wullex.com Registration Form

The kind of these documents can be an assurance to newbies that a platform is legit. Stay on the lookout and identify the difference between a company being regulated and being registered. These two terms are entirely different.

The only way investors can contact customers’ support is via the live chat. The Company is determined to stay anonymous to the members of the public.

Final verdict

Wullex.com investment company has many red flags indicating they are a pyramid scheme. They are targeting cryptocurrency traders to steal their funds. They sell a story to their investors that they will get rich while, in reality, they are the only beneficiaries of this project.

All that they claim is false and impracticable. There is no shortcuts in life there are crypto investment companies which are legit and you can trust. The only method you can earn a reasonable amount of return is through skills and patience. All other promises are vague and a model of fraudsters.

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