CryptosBithub review – Is cryptosbithub.com scam or safe?

Beware! CryptosBithub is an offshore broker! Your investment may be at risk.

CryptosBithub Key Facts

🔴 CryptosBithub promotes fraudulent services. A scam sign!

🔴 CryptosBithub displays forged legal information. Red flag!

🔴 CryptosBithub fraudulently claims to be a licensed business. Red flag!

🔴 CryptosBithub refuses to work transparently. A disturbing sign!

CryptosBithub products and services

CryptosBithub is a Crypto investment provider offering oversize interest rates to investors. Their starter plan guarantees a 35% profit, but they do not specify the term. Nonetheless, it's a fraudulent deal because earnings so hefty are impossible to get. They create unreasonable expectations, which is evidence of a scam.

People should always be cautious when dealing with businesses offering enormously high yields because it's scammers' trait to promise big and create unrealistic expectations. In reality, regulated financial companies cannot secure more than a few percents annually with their fixed-income products. There is a huge discrepancy between these offers and the regulated companies standards. Judging by the products and services they sell, we suspect it's a scam, so beware.

CryptosBithub company and regulation

CryptosBithub is a forged company and a fake business that's a scam. There is no such legal entity, but they falsely claim to be incorporated and regulated in the UK. Stay away from this swindling investment programme and invest with regulated businesses only. Read on to get more information about licenses and regulation.

The US financial services regulation is very complex in the USA. Derivatives markets regulation is a responsibility of CFTC and NFA. Forex brokers and most of the investments companies have to be NFA members and CFTC registered to operate in the USA. On the other hand, securities markets are controlled by the SEC, a government independent agency responsible to maintain the integrity of the financial markets.

While SEC focuses more on the procedure regulation insisting on financial reports and management discussion and analysis, NFA and CFTC impose pretty straightforward requirements. To become authorised the companies have to provide 20 million USD in paid-up capital, which is considered a guarantee that the businesses can survive in turbulent times and pay whenever they have to. 

Other customer protection measures include clients’ accounts segregation and leverage restrictions for forex brokers- 1:50. Also, CFTC brokers’ clients are not allowed hedging, which is one of the very unique US features. Unfortunately, the cryptocurrencies regulation is still inept, so traders and investors should be wary when dealing with crypto offers.

CryptosBithub address and contacts

CryptosBithub gives two USA addresses- 1276 Park Charles Town, WV 25414 and 1543 Old Lane Poughkeepsie, NY 12601. However, we believe both locations are not their actual headquarters for it's impossible to verify the link between these addresses and the investment scheme. Their contact number is +1 (305) 901-6330, a Miami phone clear of spam reports and negative reviews. Nevertheless, the information presented seems to be fraudulent, so they obviously lie to the public because it's a top priority for scammers to remain anonymous in the shadows.

Transparency is crucial when talking about brokers and investment companies, and it's part of the regulatory framework. The regulated companies are open to financial authorities following certain transparency rules, so it's generally unlikely to conduct fraudulent activities. They are also bound to provide the public with crucial information about themselves, making it easy for traders and investors to confirm the company's legitimacy.

Cryptosbithub.com website info

Cryptosbithub.com is a domain registered on the 21st of January 2020, so it's just over a year old at the time of writing. It's registered on an IP address in the United States:198.187.29.179 currently co-hosting more than 600 websites. Many domains based on the same IP belong to HYIPs providers, probably linked to this scheme.

Alexa doesn't even rank the domain, so it’s a highly unpopular website, which people do not trust. The Alexa ranking isn’t a key factor, but the lack of popularity isn’t in any way a positive sign.

Cryptosbithub.com uses protection services to hide website ownership. The latest trend in the privacy policy denies it should be a problem, but considering investment services, we might as well dismiss it as a disturbing sign.

Below you can see other high-yield investment platforms based on the same IP:

Scam warning

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.