Caution! Biwinfund is an offshore company! Your funds may be at risk.
Biwinfund Key Features
🔴 Biwinfund provides access to a shady investment service – a warning sign!
🔴 Biwinfund holds no license from a regulatory body – a red flag!
🔴 Biwinfund is not transparent in any capacity – a red flag!
🔴 Biwinfund creates irrational expectations – a red flag!
Biwinfund Products and Services
Biwinfund is a scam company – and if that seems to harsh, or too forward, it is because we have reviewed hundreds of firms just like Biwinfund – and they are characterized by one thing alone, which they all have in common. That is the fact they provide their victims with incredibly lucrative investment plans. Here is what the plans Biwinfund offers look like:
The company states that it will double your money each day but also that it will grant you a very high percent of daily ROI. Now, if you couldn’t guess by the company claiming it will straight up double your money within the span of 24 hours, Biwinfund is running a scam. There is simply no way that the firm could be that lucrative. Its only claim why it is able to do so is an unclear ramble about crypto assets. And here lies the scam itself – companies like Biwinfund rely on the low general knowledge of what is possible with crypto to lure in their victims. Do not fall for it – avoid overly “generous” firms!
Cryptos went to become extremely popular, and they come with tremendous profit potential, but the assets are pretty complex and a bit enigmatic for the vast majority of people. Bitcoin is still surging, and the entire crypto market is growing exponentially, but all investments carry significant risks, such as high unpredictable volatility and absence of regulation, for example. And we’d also like to emphasize the fraud risk- crypto scams are virtually everywhere. In fact, the latest trend among scammers is to create fraudulent websites offering fictitious crypto investments and mining services aimed to entice unsuspicious investors into scam settings. The fraudulent offers usually stick to the rule “sounds too good to be true”, the entity offering the services is totally anonymous, and there is no regulation whatsoever. So, based on the products and services offered alone, we can affirm that the entity under review is dangerous. You’d better avoid it.
That said, it’s worth considering trendy cryptocurrency alternatives that have already proven to be reliable. For example, many cryptocurrency exchanges like Coinbase and Bitstamp already provide passive income opportunities like BTC and ETH staking, other earning opportunities, affiliate programs, so on and so forth. Both mentioned are law-abiding financial firms that operate transparently, so you won’t be exposed to fraud risks if you trust them.
Biwinfund Company and Regulation
Biwinfund is not a licensed company – and it lies about it. The people behind it have obtained a certificate of incorporation from the Companies House UK and present it as a UK license. However, that is straight up not true, as the House does not regulate the markets in the UK. That is the job of the FCA, which has no entry on Biwinfund at all!
So, the crypto service under review isn’t a typical firm, and as such, it’s not regulated. The absence of regulation implies that your investments will be at risk if you deposit. Moreover, you won’t have access to complaint procedures or money protection schemes, so if things go wrong, you’ll be the one to suffer the complete loss. Even more so, the digital coin transactions are anonymous, so if you get scammed by a shady crypto provider, you can’t get your money back.
Indeed, cryptocurrency regulation has been a hot topic for a long time. The digital coins themselves are not issued or governed by central banks, but too many countries already have plans to introduce centralized cryptocurrencies. Still, Bitcoin is a peer-to-peer payment system that’s considered too risky for many. However, many crypto firms are now operating with financial licenses; they are transparent, and their clients can benefit from certain customer protection measures if things go wrong. And that doesn’t apply to the entity under review, which is an anonymous and most probably totally illegal enterprise that can switch off its servers, pocket clients’ money and get away with the crime.
Biwinfund Address and Contacts
Biwinfund does not have any of its contact information available – and as shady as that is, it makes sense. Biwinfund is a scam – there is no way that the people running it would provide their victims with a way to reach out to them and potentially sue them!
Considering investment opportunities, transparency is always crucial. As for cryptos, you already know that Bitcoin is a peer-to-peer payment system, which is designed to protect the privacy and to provide security. However, that doesn’t mean that the crypto providers should also be anonymous. After all, these people will handle your money, so you should at least know who they are and where they operate from. In fact, we need to note that some trustworthy exchanges don’t reveal such information on their websites, but it’s still easy to verify that businesses are legal, law-abiding companies; therefore, it’s always a worrying sign if the crypto provider isn’t transparent.
Biwinfund.com Website Info
|SimilarWeb Ranking||None at the time of writing|
|WHOIS Reg. Date||2021-10-06|
|Owner||Redacted for Privacy|
|Administrator||Redacted for Privacy|
Is Biwinfund Safe?
Biwinfund is not safe – with no regulation and a shady business model, the company can only be a scam. Stay away from it at all cost!
Scammers are always riding the trends, so it’s not at the least surprising that cryptocurrency fraud is now blooming. Even more so, the high-tech nature of Bitcoin actually facilitates scams as most people don’t really know how crypto works, so scammers take advantage of the lack of understanding. Indeed, the crypto scam has been here for a while, and it proved to be extremely dangerous- just recall OneCoin, which happened to be a multi-billion Ponzi scheme disguised as a revolutionary digital currency. However, scammers rarely go out of their comfort zone, so most crypto scams happen to be very similar to the typical investment fraud.
The fraudulent crypto schemes are also anonymous and illegal, while scammers introduce themselves with fake identities. There are also too many impersonators resembling the websites of valid start-up companies from where customers get redirected to other insecure fishy payment portals that may as well carry additional security risks. The cons yet again promise the moon and the stars to their victims but won’t deliver a thing in the end. However, the difference between crypto and the rest of the investment scams is that people are more likely to believe that they can become rich overnight as Bitcoin has already proved to have massive profit potential. In any case, you should be very cautious when it comes to crypto, as the markets are plagued by scammers ready to take advantage of you.