Beware! Affiliatedminer is an offshore broker! Your investment may be at risk.
Affiliatedminer Key Features
🔴 Affiliatedminer services are not trustworthy – a warning sign!
🔴 Affiliatedminer is under no regulatory oversight – a red flag!
🔴 Affiliatedminer is not transparent and forges its contact information – a red flag!
🔴 Affiliatedminer creates irrational expectations in its clients – a red flag!
Affiliatedminer Products and Services
Affiliatedminer is yet another crypto HYIP scam that you should avoid at all costs! The firm claims to be an investment company that is able to achieve insane profits for you – within the ranges of is plans, available below:
However, it is not possible for Affiliatedminer, or for any other firm, to be so obscenely lucrative! Avoid such companies – they are trying to draw in investors who do not know enough about the market to know when they are being lied to. There has been a lot of these investors, as crypto has become more and more popular with the average investor. However, there has not been an increase in the knowledge of how the crypto assets work to match that – and so, scammers like Affiliatedminer have been able to make a killing!
And if you believe that Affiliatedminer is actually able to achieve an ROI of 20% within half a day, as its most modest claim promises, consider the following – if that were the case, the firm would not be out here, taking your money! It would have invested its own funds and raked in its profits without needing to worry about paying you, or any other third party, a single cent! Avoid firms that overpromise like Affiliatedminer – as we said, if it looks too good to be true, it is most likely a HYIP scam!
HYIP stands for High-Yield Investment Programme and these businesses usually promise higher ROIs (return on investment) than usual. In some cases, the offers are just ridiculous- up to hundreds and thousands of percentages per day, which certainly can't happen. To draw a comparison, even the wealthiest banks or investment funds are not capable of delivering more than 10% per year, let alone per day or week. Therefore, the products and services assessment suggests that you'll be at risk if you deposit.
That being so, it's worth considering trendy alternatives that can help you build an extra income, such as Forex brokers PAMM managed accounts, social trading or crypto services that may as well fulfil your investment needs. For example, many cryptocurrency exchanges already provide passive income opportunities like BTC and ETH staking but make sure to subscribe to well-known, proven networks.
Affiliatedminer Company and Regulation
Affiliatedminer is not licensed in any capacity. The firm does not mention regulation, but claims to operate from the UK – that is not possible when it does not have a license from the regulatory body that oversees the markets there – the FCA! Stay away from Affiliatedminer and make sure you are only investing with licensed firms!
The lack of regulation implies that the people operating this HYIP are working unchecked, meaning they can misuse or misappropriate your funds, eventually bearing no responsibility for their actions. To draw a distinction, regulated investment companies are forced by law to follow certain rules that guarantee the safety of clients' funds. For example, to get a license, a firm should meet minimum capital requirements that vary from country to country and may also depend on the product specification as there are many types of investments possible- stocks, bonds, mutual funds, banking products, fixed-income, retirements and so on.
In the US, the minimum capital requirement is 20 million USD, which happens to be among the heftiest in the world. Other than that, US financial services companies are also required to keep accounts segregated, thus ensuring that clients' money can't be exposed to unnecessary risks or stolen. However, it's worth noting that the US regulatory framework is very complex as there are numerous financial authorities, among which NFA, CFTC and SEC, to name a few, and all of these monitor companies in one way or another. The US markets may be tricky for the ordinary investor, so make sure to acquaint yourself with the environment before you've wasted money on potential scams like the one under review. And you'd better avoid unregulated investment businesses at all times.
Affiliatedminer Address and Contacts
|Address:||45 Rosehaugh Road, Inverness, Scotland, IV2 8SW|
Affiliatedminer does not have its real address available – not without a UK licensed, which it does not hold, as we explained! Beware!
When it comes to investing, transparency is crucial as you should know who's running the investment and where your money actually is. Legit firms always operate transparently and are bound by law to provide the public with basic corporate information, including addresses, contacts and legal documents disclosing all provisions related to the service. And our experience shows that it’s most probably a scam if you can't reach anyone over the phone given, can't validate the addresses or can't in any other way prove that the investment provider has the authorisation to offer financial products.
Affiliatedminer.com Website Info
|SimilarWeb Ranking||None at the time of writing|
|WHOIS Reg. Date||2021-04-30|
|Owner||Redacted for Privacy|
|Administrator||Redacted for Privacy|
Is Affiliatedminer Safe?
Affiliatedminer is a scam firm and nothing else – avoid it at all costs!
Dealing with HYIPs and other unregulated investment providers is not recommended for many reasons. Above all, the absence of regulation strongly suggests a scam as only regulated firms are authorised to provide investment services. As you probably guess, scams can't flourish in a strong regulatory environment, so you'd better think twice before you've deposited with unregulated investment schemes.
The authorisation is only granted when the firm complies with the requirements and standards, which guides how the entities should treat you as a customer and what sort of information they should give you. Each country's regulator maintains a register of licensed firms and the investment services that each licensee is authorised to provide. On the other hand, unauthorised firms aim to avoid complying with the controls that legal, authorised entities are subject to, thus leaving investors entirely unprotected. Needless to say, scammers want to get you totally unprotected, and that's why they always work without a license.
As for HYIPs themselves, many of these schemes operate precisely as a Ponzi because many investors can actually withdraw initially, but sooner or later, the service will inevitably close. HYIPs usually target traders and investors with little or no experience by promising fictitious investment opportunities said to deliver unrealistically lucrative gains. 10% or 100% per day certainly isn't a legit offer.