Caution! BitcoinBillionair.Club is an offshore company! Your funds may be at risk.
BitcoinBillionair.club Key Facts
🔴 BitcoinBillionair.club creates unrealistic expectations by claiming investors can earn up to 25% every day till the rest of their lives. A scam sign!
🔴 BitcoinBillionair.club doesn’t disclose important information about themselves. Red flag!
🔴 BitcoinBillionair.club is a recently registered website. Disturbing sign!
BitcoinBillionair.club registration, license and regulation
BitcoinBillionair.club is the website of BITCOIN BILLIONAIR CLUB LTD, a UK company incorporated at the end of 2020 with a nature of business “Motion picture production activities”. The company have no license to operate as a financial investments provider, so it’s an illegal entity breaching the UK laws and a scam given the fraudulent promises they make. We urge traders and investors to avoid such shady entities and trade with duly authorized companies complying with the world’s different regulations.
Each broker presented in US have to be an NFA member and registered with CFTC.
The regulations in USA are quite heavy, compared to other domains. The capital adequacy requirement state Forex brokers have to provide minimum 20 million USD in paid-up capital to get a US license. Also clients’ funds should be kept in segregated accounts, making it impossible for brokers to misuse the capital for daily expenses.
The restrictions on Forex trading in USA includes a maximum allowed ratio of 1:50. Clients are also limited by the FIFO rule (first in, first out), meaning traders have to close their positions consequently. Hedging is also disallowed, which some traders might find restricting.
BitcoinBillionair.club address and contacts
BitcoinBillionair.club lists an address in the outskirts of London at 2 Grassmere Road, Hornchurch, United Kingdom, RM11 3DP. The address is associated with other Crypto Investment companies known for the “Bitcoin refund scam”. Beware!
BitcoinBillionair.club doesn’t reveal their contact number, and that’s a disturbing sign.
BitcoinBillionair.club website information
BitcoinBillionair.club is a domain name registered by NAMECHEAP INC, with an IP address 184.108.40.206 in UK. Its registration date is 02.01.2021, which is less than a month ago.
BitcoinBillionair.club Alexa ranking is 1.5 million+, meaning this website is highly unpopular. Beware!
We paid utmost attention to the regulation and transparency in the sections above because it’s mandatory for trading and investments. Pretty much each company offering financial services have to be authorised by the local financial authority.
However, some entities operate unlicensed and intentionally run investment fraud. It would be best if you only dealt with companies authorised by the regulators, so always check to make sure they are. Bear in mind that if you trade with unauthorised businesses, you won’t be protected, so it’s very likely to suffer losses almost impossible to recover if things go wrong.
Online scam is trending nowadays with fraudulent websites popping up literally every day. The financial authorities increase the number of warnings issued year after year, but the dangers are still out there and growing exponentially. You’ll realise the hazards when you consider OneCoin scam- it’s still impossible to calculate the total loss, but it’s regarded as 15 billion worth fraud. Make sure to trade with licensed and regulated companies to avoid off-putting losses.