Caution! GreenHashes is an offshore company! Your funds may be at risk.
GreenHashes Key Features
🔴 GreenHashes provides access to suspicious investment plans- a warning sign!
🔴 GreenHashes holds no license with any regulatory body- a red flag!
🔴 GreenHashes is not transparent- a red flag!
🔴 GreenHashes creates irrational expectations- a red flag!
GreenHashes Products and Services
GreenHashes provides access to the following investment plans:
The daily returns on them are not too high – sitting at around 2%, but in reality no company can guarantee such profits. That amounts to around 60% ROI monthly, which just sounds unrealistic and ridiculous!
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.
GreenHashes Company and Regulation
GreenHashes is not a licensed company, which is incredibly problematic. Most such unlicensed firms are nothing but a scam, and you need to make sure the company you aim to invest with is duly licenses, otherwise you will be scammed!
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.
GreenHashes Address and Contacts
GreenHashes does not provide us with any of its contact information, which is yet another scam sign. Companies that do that often seek to avoid legal action for their schemes, and we believe that to be the case with GreenHashes as well!
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.
|SimilarWeb Ranking||None at the time of writing|
|WHOIS Reg. Date||2021-08-31|
|Registrar||GoDaddy Online Services|
|Owner||Redacted for Privacy|
|Administrator||Redacted for Privacy|
Is GreenHashes Safe?
GreenHashes is definitely running a scam – any company out there that offers such insane profit rates is doing just that, really! You need to be very careful and examine them like we did with GreenHashes in our review – firstly by checking out their business model and regulation and then seeing if they are transparent or not. We have not seen a high yield investment plan scheme that has not turned out to be a scam yet, however!
There is also the issue of getting your money out of the hands of GreenHashes. That is not going to be possible at all – the company has made sure of it. Firstly, it only accepts deposits via crypto assets. Such deposits make it impossible to get a chargeback with the company. Secondly, we very much doubt GreenHashes processes withdrawals at all! Finally, be careful if you get approached by a recovery agency if you have been the victim of the GreenHashes scam – most of these agencies are also scams. You can tell them apart from the legitimate ones by them demanding an upfront payment for their services – no legitimate recovery agency does that!
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.